Wal-Mart ( WMT) ($72.98) remains buy-rated and below its 50-day and 200-day SMAs at $75.97 and $73.83. My semiannual value level is $61.55 with a semiannual pivot at $75.96 and weekly risky level at $76.54. Over the weekend I found this graphic on http://www.advisorperspectives.com/dshort/. Look at the highs and lows of the ratio between assets allocated to equities vs. assets allocated to money markets. As the S&P 500 peaked in the year 2000 this ratio peaked at 3.09% then the bubble popped. At the S&P 500 bottom in late-2002 this ratio was down to 1.38. Just before the S&P 500 peaked in late-2007 this ratio hit 3.39. In 2009 after the S&P 500 bottomed the ratio slumped to 1.18. Today the ratio is at an all time high at 3.49, which is another fundamental warning of significant risk in the stock market. At the time of publication the author held no positions in any of the stocks mentioned.Follow @SuttmeierThis article is commentary by an independent contributor, separate from TheStreet's regular news coverage.