{"id":3274,"date":"2022-10-24T20:02:14","date_gmt":"2022-10-24T20:02:14","guid":{"rendered":"https:\/\/www.signalpointinvest.com\/?p=3274"},"modified":"2023-02-22T14:36:16","modified_gmt":"2023-02-22T14:36:16","slug":"market-risk-report-as-of-october-24-2022","status":"publish","type":"post","link":"https:\/\/www.signalpointinvest.com\/market-risk-report-as-of-october-24-2022\/","title":{"rendered":"Market Risk Report as of October 24, 2022"},"content":{"rendered":"\n<p>From Chief Investment Officer Tom Veale,<\/p>\n\n\n\n<p>&#8220;An uptick in the Indexes looked pretty good at Friday\u2019s close. However, reviewing where they were a year ago does give a different perspective. Were they \u201ctoo high\u201d back then? Are they \u201ctoo low\u201d now?<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img fetchpriority=\"high\" decoding=\"async\" width=\"815\" height=\"432\" src=\"https:\/\/www.signalpointinvest.com\/wp-content\/uploads\/2022\/10\/MRI-10.24.22.gif\" alt=\"\" class=\"wp-image-3273\"\/><figcaption>It would appear the Covid Low Point in 2020 was truly \u201ctoo low\u201d but today\u2019s market levels aren\u2019t too bad. Last week\u2019s data shows at least a modest amount of attitude improvement from previous weeks. The Market Risk Indicator is still above the Median level.<br>\u00a0<br>Advancing stocks outnumbered decliners by a healthy margin helping market breadth. New 52 week highs are still negligible compared to new lows. All in all, data was a better mix for those who are \u201clong\u201d the stock markets.<br>\u00a0<br>Best regards,<br>Tom Veale<br>\u00a0<br>The MRI components were mixed and barely changed from the previous week\u2019s results. Two up, on unchanged and one down on the Friday close. Overall that kept the MRI unchanged for this week at 29 with a +1 Oscillator value. Only the Relative Valuation Index remains higher than we\u2019d like to see.&#8221;<\/figcaption><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>From Chief Investment Officer Tom Veale, &#8220;An uptick in the Indexes looked pretty good at Friday\u2019s close. However, reviewing where they were a year ago does give a different perspective. Were they \u201ctoo high\u201d back then? Are they \u201ctoo low\u201d now?<\/p>\n","protected":false},"author":9,"featured_media":3277,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"post_statement":"","post_description":"","post_cta":"","post_button":"Read More","post_button_url":"","compliance_id":"","post_disclaimer":"","footnotes":""},"categories":[13],"tags":[],"_links":{"self":[{"href":"https:\/\/www.signalpointinvest.com\/wp-json\/wp\/v2\/posts\/3274"}],"collection":[{"href":"https:\/\/www.signalpointinvest.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.signalpointinvest.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.signalpointinvest.com\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/www.signalpointinvest.com\/wp-json\/wp\/v2\/comments?post=3274"}],"version-history":[{"count":2,"href":"https:\/\/www.signalpointinvest.com\/wp-json\/wp\/v2\/posts\/3274\/revisions"}],"predecessor-version":[{"id":3279,"href":"https:\/\/www.signalpointinvest.com\/wp-json\/wp\/v2\/posts\/3274\/revisions\/3279"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.signalpointinvest.com\/wp-json\/wp\/v2\/media\/3277"}],"wp:attachment":[{"href":"https:\/\/www.signalpointinvest.com\/wp-json\/wp\/v2\/media?parent=3274"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.signalpointinvest.com\/wp-json\/wp\/v2\/categories?post=3274"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.signalpointinvest.com\/wp-json\/wp\/v2\/tags?post=3274"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}