Why I am cautious By: Humble Student of the Markets January 05, 2022 at 16:06 PM EST Mid-week market update: As 2022 opens, I have become increasingly cautious about the stock market. The put/call ratio (CPC) is a bit low, indicating rising complacency. Past instances of a combination of a rapidly falling CPC and low CPC have seen the market struggle to advance. While this is not immediately bearish, it is a flag for caution.Here are some other reasons why I am cautious.The full post can be found here.