Top Advisors Corner March 30, 2022 at 02:15 PM
SPX Monitoring Purposes: Long SPX on 3/25/22 at 4543.06. Monitoring Purposes GOLD: Long GDX on 10/9/20 at 40.78. Long-Term SPX Monitor Purposes: Neutral. We updated this chart from yesterday, when we said, "The bottom window in the chart above is the NYSE McClellan Oscillator... Read More
Top Advisors Corner March 27, 2022 at 04:22 PM
Sometimes it's best to look at the stock market as if it was the only thing that mattered. And this maybe one of those times, at least from a purely analytical and trading standpoint... Read More
Top Advisors Corner March 27, 2022 at 03:59 PM
It has been a great accomplishment that the unemployment rate has fallen in the 2 years since the COVID shutdown in 2020, and is almost back to the pre-COVID low. But this progress is likely coming to an end right now... Read More
Top Advisors Corner March 23, 2022 at 01:24 PM
SPX Monitoring Purposes: Sold Long 3/3/22 at 4363.49 =3.27% gain; Long SPX on 2/23/22 at 4225.50. Monitoring Purposes GOLD: Long GDX on 10/9/20 at 40.78. Long Term SPX Monitor Purposes: Neutral... Read More
Top Advisors Corner March 20, 2022 at 04:09 PM
So, the Fed raised the Fed Funds and the Discount rate, promising six more rate increases in 2022. And the stock and the bond markets rallied. Go figure. Yet, as weird as it all seems, this was no accident, as I will describe below... Read More
Top Advisors Corner March 18, 2022 at 12:46 PM
The Fed hiked its policy rate by a quarter-point this week. The May FOMC meeting will be more interesting — odds suggest it could be either another 25 bps or a half-point increase. The market has already moved. The U.S. 2-Year Treasury rate was barely above 0... Read More
Top Advisors Corner March 18, 2022 at 12:25 PM
When the Nasdaq 100 Index (NDX) hit its low point (so far) for the current downtrend on March 8, 2022, the NDX was down 20.0% from its all-time high of 16,573, which was made on Nov. 19, 2021. That is for the index itself... Read More
Top Advisors Corner March 16, 2022 at 12:54 PM
SPX Monitoring purposes: Sold long 3/3/22 at 4363.49 =3.27% gain; Long SPX on 2/23/22 at 4225.50. Monitoring Purposes GOLD: Long GDX on 10/9/20 at 40.78. Long Term SPX Monitor Purposes: Neutral... Read More
Top Advisors Corner March 13, 2022 at 05:49 PM
Aside from the stress and discomfort of the return of Daylight Savings Time, the financial markets are heading into a crucial period as the three P's – Powell & the Fed, Putin & Ukraine and Puts (the action in the options market) – all converge as the future of the markets, and p... Read More
Top Advisors Corner March 11, 2022 at 01:41 PM
The Daily A-D Line for corporate high yield bonds continues to look quite ugly... Read More
Top Advisors Corner March 09, 2022 at 02:02 PM
SPX Monitoring Purposes: Sold Long 3/3/22 at 4363.49 =3.27% gain; Long SPX on 2/23/22 at 4225.50. Monitoring Purposes GOLD: Long GDX on 10/9/20 at 40.78. Long Term SPX Monitor Purposes: Neutral... Read More
Top Advisors Corner March 06, 2022 at 01:45 PM
This is one of those what-could-possibly-go-wrong markets. For sure, certain parts of the market are doing fairly well, while others are getting hammered... Read More
Top Advisors Corner March 04, 2022 at 01:46 PM
Economists fear an inverted yield curve because of its historical tendency to be a harbinger of a coming recession. But when it comes to the stock market, a steepening yield curve is the more problematic condition... Read More
Top Advisors Corner March 02, 2022 at 12:13 PM
SPX Monitoring Purposes: Long SPX on 2/23/22 at 4225.50. Monitoring Purposes GOLD: Long GDX on 10/9/20 at 40.78. Long Term SPX Monitor Purposes: Neutral. The SPX has been consolidating for the last couple of days... Read More
