Weekly MOTR Report (WMR): “Another Downtick in Risk Appetite”

The market’s health has been deteriorating for about a year now, driving our Risk Gauge to more and more defensive readings across all four timeframes. Indeed, the daily reading just down ticked to 9 this week, pulling the weekly and monthly timeframes down to 8, officially now in Risk-Off territory.

Not long ago, the most common question we had been fielding from folks was “Was that it? Was that the bottom. . .

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