Top Advisors Corner October 29, 2021 at 03:02 PM
The message from uranium prices is that gold prices are headed higher. And I have no idea why this relationship works... Read More
Top Advisors Corner October 27, 2021 at 01:29 PM
SPX Monitoring Purposes: Sold 10/18/21 at 4486.46= gain 2.81% ;Long SPX on 10/13/21 at 4363.80. Monitoring Purposes GOLD: Long GDX on 10/9/20 at 40.78. Long Term SPX Monitor Purposes: Neutral. Above is the hourly chart for the SPY... Read More
Top Advisors Corner October 24, 2021 at 02:30 PM
Something's got to give in the markets. And it may not take long before the next long term trend becomes apparent... Read More
Top Advisors Corner October 22, 2021 at 08:37 PM
The 10-year T-Note is yielding 1.636% as of Oct. 20. The equivalent German bond is still at a negative yield of -0.119, although that yield is rapidly racing upward toward positive territory... Read More
Top Advisors Corner October 20, 2021 at 02:28 PM
SPX Monitoring Purposes: Sold 10/18/21 at 4480.66= gain 2.68%; Long SPX on 10/13/21 at 4363.80. Monitoring Purposes GOLD: Long GDX on 10/9/20 at 40.78. Long Term SPX Monitor Purposes: Neutral. Above is the daily SPY chart showing all the gaps going back to 9/20/21... Read More
Top Advisors Corner October 17, 2021 at 08:48 PM
I've been expecting a rally in stocks, so I'm not surprised at last week's bounce. What worries me is what's next. Certainly, last week's rally was a welcome change from the market over the prior few weeks... Read More
Top Advisors Corner October 14, 2021 at 01:47 PM
Presidents through the years have professed to care about a lot of different topics and causes. But if they really cared about reelection, they would learn to care more about oil prices... Read More
Top Advisors Corner October 13, 2021 at 01:00 PM
SPX Monitoring Purposes: Sold 10/4/21 at 4300.46=near breakeven; Long SPX 9/30/21 at 4307.54. Monitoring Purposes GOLD: Long GDX on 10/9/20 at 40.78. Long Term SPX Monitor Purposes: Neutral. The TRIN closed yesterday at 1.20 and today at 1.32, which adds up to 2... Read More
Top Advisors Corner October 10, 2021 at 06:32 PM
Although risk remains above average and trading is likely to remain choppy, active traders who are savvy in risk management should be on the lookout for selective trades on the long side in the short term... Read More
Top Advisors Corner October 08, 2021 at 06:53 PM
Last week, I discussed how gold prices give a leading indication for the movements of oil prices just under 20 months later. That model calls for higher oil prices going into 2022... Read More
Top Advisors Corner October 06, 2021 at 02:05 PM
SPX Monitoring Purposes: Sold 10/4/21 at 4300.46=near breakeven; Long SPX 9/30/21 at 4307.54. Monitoring Purposes GOLD: Long GDX on 10/9/20 at 40.78... Read More
Top Advisors Corner October 03, 2021 at 05:33 PM
Friday's rally had the feel of a big tradeable bottom, having formed after a multi-week spell of capitulation selling; specifically, both the Nasdaq 100 (NDX) and the S&P 500 (SPX) bounced off of oversold readings. At this point, though, all we can do is wait... Read More
Top Advisors Corner October 01, 2021 at 01:55 PM
I like getting answers ahead of time, especially answers about the financial markets. One of the best answer-givers I have found is the movements of gold prices... Read More
