Top Advisors Corner December 31, 2021 at 12:32 AM
As 2021 winds down, gold prices are starting to perk up again a little bit. But this very slight rise is still not having any effect on the public's willingness to own gold bullion ETFs... Read More
Top Advisors Corner December 29, 2021 at 01:07 PM
SPX Monitoring Purposes: Sold long 12/21/21 at 4649.23=gain 1.8%; long SPX 11/30/21 at 4566.97. Monitoring Purposes GOLD: Long GDX on 10/9/20 at 40.78. Long Term SPX Monitor Purposes: Neutral The second window up from the bottom is the VVIX/VIX ratio... Read More
Top Advisors Corner December 22, 2021 at 01:01 PM
SPX Monitoring Purposes: Sold long 12/21/21 at 4649.23=gain 1.8%; long SPX 11/30/21 at 4566.97. Monitoring purposes GOLD: Long GDX on 10/9/20 at 40.78. Long Term SPX Monitor Purposes: Neutral The chart is a little messy, but this is what I watch throughout the day... Read More
Top Advisors Corner December 19, 2021 at 07:06 PM
Don't make big bets just yet. The stock market is treading on thin ice. Fear is running rampant, but several key support levels held last week. That suggests that, as painful as trading was, we may be making a panic bottom in stocks... Read More
Top Advisors Corner December 17, 2021 at 04:39 PM
People think that the Fed controls inflation, and they think that because they were taught to think that while getting expensive educations at institutions of higher learning. And besides, everyone says so, so it must be true... Read More
Top Advisors Corner December 15, 2021 at 02:47 PM
SPX Monitoring Purposes: Long SPX 11/30/21 at 4566.97. Monitoring Purposes GOLD: Long GDX on 10/9/20 at 40.78. Long Term SPX Monitor Purposes: Neutral Yesterday, we said, "The second window up from the bottom is the correlation of SPX to VVIX. When this indicator reaches ... Read More
Top Advisors Corner December 12, 2021 at 05:12 PM
We may have a situation developing, folks. We have dueling central banks, with the Fed still tapering while China's central bank eases as the Evergrande default unfolds... Read More
Top Advisors Corner December 10, 2021 at 12:54 PM
The Federal Reserve Open Market Committee (FOMC) is still stuck at 0-0.25% as its target for the Fed Funds rate. This is the interest rate at which commercial banks lend each other money overnight to balance their deposits and loans... Read More
Top Advisors Corner December 08, 2021 at 03:18 PM
My first investment was plopping $3,000 into a Vanguard target-date fund in late 2005. I scrimped and saved as much as I could in the years following, working part-time jobs and internships through college... Read More
Top Advisors Corner December 08, 2021 at 03:03 PM
SPX Monitoring Purposes: Long SPX 11/30/21 at 4566.97. Monitoring Purposes GOLD: Long GDX on 10/9/20 at 40.78. Long Term SPX Monitor Purposes: Neutral We had a similar chart yesterday, but it was on the SPX. The one above is the NYSE Advancing Issues/Total Issues... Read More
Top Advisors Corner December 05, 2021 at 08:31 PM
The bull market is hanging on by a thread as epic crosscurrents attack traders from all sides... Read More
Top Advisors Corner December 03, 2021 at 07:24 PM
This has been quite a year for the S&P 500 (SPX). The US benchmark index has been up by as much as 26.3% for the year at its November 22nd highs — and has risen by an unbelievable 116.4% from the March 2020 COVID-19 lows... Read More
Top Advisors Corner December 03, 2021 at 01:58 PM
This week's chart is one of many that show the oversold situation that has appeared just recently. The 10% Trend of the daily A-D difference dipped all the way to -579 on Dec. 1, which is officially "pretty darned oversold... Read More
Top Advisors Corner December 01, 2021 at 01:41 PM
SPX Monitoring Purposes: Long SPX 11/30/21 at 4566.97. Monitoring Purposes GOLD: Long GDX on 10/9/20 at 40.78. Long Term SPX Monitor Purposes: Neutral On the close Friday, the TRIN jumped to 1.59 and the TICKs closed at -181, both in bullish territory... Read More
