Investor Psychology drops to 27th percentile. Valuations back in worst decile of readings. Corporate Insiders change their mind about stocks. LBO leverage at record highs...and more charts. Click the image to download.
Busy economic headline week high with Fed chair Powell delivering testimony on Tues and Wed and Q4 GDP data released on Thurs and PCE inflation data on Friday. Industrials, Energy and Technology lead all sectors year to date. Small and value continue to...
The market has been a rocket through any resistance. Psychology is beginning to weaken – good investors vs. bad. Valuation’s improvement is not enough. Click the image to download.
Real Estate extends its lead over other asset classes. This is the best start for REITs since 1991, which was a rebound yr. from the 1990 REIT bear market. In a reversal to last year's trend - value is edging out growth, and smaller stocks are edging out...
Market Risk Index
Market Risk Index scales from 0 to 100%. Higher readings correspond with higher risk markets. Scores below 25% are bullish. Scores between 25-75% are neutral, and scores above 75% are markets vulnerable to major drawdowns.
Model Category Readings (Percentiles)
- Psychology 99.7% 99.7%
- Monetary 87.2% 87.2%
- Valuation 99.3% 99.3%
- Market Trend 9.8% 9.8%