Market Outlook

The market is not overbought in the short-term. Psychology is ugly. Monetary has improved, but should soon reverse on any inversion. We continue to wait for better buys. Click the image to download.

Market Outlook

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.


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%