Top Advisors Corner June 30, 2016 at 08:57 AM
Extremes get overdone - on the downside or the upside; as the June swoon of course was seen before the projected washout on a Brexit 'Leave' vote; with the combination of both straddle and short-sale strategies, given our expectation the day ahead of Brexit, that the vote would b... Read More
Top Advisors Corner June 29, 2016 at 09:58 AM
Monitoring purposes SPX: Long SPX on 6/27/16 at 2000.54. Monitoring purposes GOLD: Sold GDX on 6/10/16 at 25.96 = gain 14.97%. Long GDX on 5/31/16 at 22.58. Long Term Trend monitor purposes: Short SPX on 1/13/16 at 1890... Read More
Top Advisors Corner June 29, 2016 at 08:22 AM
Rationales & Targets Apropos comments made on page three, Janet Yellen, the Chair of the Board of Governors of the Federal Reserve, has often spoken of the wealth effect... Read More
Top Advisors Corner June 28, 2016 at 09:44 AM
With the Brexit vote now decided, a lot of attention has turned to gold as a supposed “safety” asset. Most traders who lived through the big decline of 1980s do not think of gold as a “safe” asset... Read More
Top Advisors Corner June 23, 2016 at 12:39 PM
Monitoring purposes SPX: Covered 6/13/16 at 2079.06 = gain .81%; Short SPX on 6/10/16 at 2096.07. Monitoring purposes GOLD: Sold GDX on 6/10/16 at 25.96 = gain 14.97%. Long GDX on 5/31/16 at 22.58. Long Term Trend monitor purposes: Short SPX on 1/13/16 at 1890... Read More
Top Advisors Corner June 17, 2016 at 02:09 PM
The most interesting thing to take away from the past two years of trading in our sideways range has been the continued under performance of those tech stocks everyone loves to own... Read More
Top Advisors Corner June 17, 2016 at 12:14 PM
Stagnation and deflation - will never be affirmed by the Fed; though indirectly they've done that by lowering the Fund's forward target for 2017... Read More
Top Advisors Corner June 16, 2016 at 12:00 PM
Monitoring purposes SPX: Covered 6/13/16 at 2079.06 = gain .81%; Short SPX on 6/10/16 at 2096.07. Monitoring purposes GOLD: Sold GDX on 6/10/16 at 25.96 = gain 14.97%. Long GDX on 5/31/16 at 22.58. Long Term Trend monitor purposes: Short SPX on 1/13/16 at 1890... Read More
Top Advisors Corner June 15, 2016 at 02:00 PM
Monitoring purposes SPX: Covered 6/13/16 at 2079.06 = gain .81%; Short SPX on 6/10/16 at 2096.07. Monitoring purposes GOLD: Sold GDX on 6/10/16 at 25.96 = gain 14.97%. Long GDX on 5/31/16 at 22.58. Long Term Trend monitor purposes: Short SPX on 1/13/16 at 1890... Read More
Top Advisors Corner June 13, 2016 at 12:21 PM
It was a very interesting week. The banks had started to lead higher some weeks back when it was considered a slam dunk that the fed would raise rates at the June meeting coming up next week... Read More
Top Advisors Corner June 10, 2016 at 05:15 PM
Headwinds Remain At SP 500 2100-2135......Some Key Sectors Stall At Long Term Down Trend Lines..... It was a very interesting week... Read More
Top Advisors Corner June 10, 2016 at 10:47 AM
I like to say that there are only 2 fundamental factors which matter for the overall stock market: 1. How much money is there? 2. How much does that money want to be invested? Change either of those, and the market will move up or down... Read More
Top Advisors Corner June 09, 2016 at 09:50 AM
Monitoring purposes SPX: neutral. Monitoring purposes GOLD: Long GDX on 5/31/16 at 22.58; stop 22.00. Long Term Trend monitor purposes: Short SPX on 1/13/16 at 1890.28 Above is a short term picture for the SPY... Read More
Top Advisors Corner June 03, 2016 at 10:05 AM
Some people think they know what the relationship is between the US Dollar Index and stock prices. But as I noted in a Chart In Focus article over a year ago, the correlation between stocks and the dollar regularly flips from positive to inverse... Read More
Top Advisors Corner June 02, 2016 at 11:05 AM
Rationales & Targets Wendy’s recently reported plans for self-serving kiosks that will ostensibly cost far less than the $15 per hour minimum wage that is highly anticipated somewhere down the road. Of course... Read More
Top Advisors Corner June 02, 2016 at 11:05 AM
Monitoring purposes SPX: neutral. Monitoring purposes GOLD: Long GDX on 5/31/16 at 22.58; stop 21.41. Long Term Trend monitor purposes: Short SPX on 1/13/16 at 1890.28 The chart above has a longer term view of the SPX. In general when the TRIN is above 1... Read More
