Top Advisors Corner

April 2022

Top Advisors Corner

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Dollar's 8-Year Cycle

by Tom McClellan

The US Dollar Index is climbing up to its highest levels now since 2002, which is getting a lot of currency traders excited. U.S. manufacturers are a lot less excited, because a more valuable dollar makes it harder to sell products overseas... Read More 

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The Ord Oracle April 26, 2022

by Tim Ord

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 top window is the 2 day (Rate of Change) for the VIX... Read More 

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Weekly $SPX Head and Shoulders Chart Pattern

by Leslie Jouflas

On January 11, 2022, I presented a segment for StockCharts TV's Your Daily Five show titled "Are Market Indexes Hinting at Long-Term Weakness?". The week of April 18, 2022 to April 22, 2022 saw prices in all indexes trending down for 2 days... Read More 

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At the Edge of Chaos: The Fed is Chasing Windmills as Sellers Gain Strength

by Joe Duarte

There's an old saying, "You're not paranoid if they really are after you." And in this market, you've got to wonder what gives. Last week in this space, I noted that earnings season could be bumpy and that a host of macro trends were converging... Read More 

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The Ord Oracle April 20, 2022

by Tim Ord

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... Read More 

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Edson Gould's Daily Point Index

by Tom McClellan

I have spent the past week going through old records, books and other materials with my father Sherman McClellan, and we came across some promotional materials from the late Edson Gould's Findings & Forecasts newsletter service... Read More 

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At the Edge of Chaos: After You Secure the Present, Focus on What's Next

by Joe Duarte

As earnings season develops, it's likely that we will see a fair amount of volatility in the stock market. That's just the nature of things... Read More 

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Multiyear Records for AAII Survey

by Tom McClellan

The American Association of Individual Investors (www.aaii.com) surveys its members every week to see if they are bullish, bearish or neutral. This week's data, released on Thursday, April 14, showed the most negative bull-bear spread since April 2013... Read More 

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The Ord Oracle April 12, 2022

by Tim Ord

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. Yesterday we said, "Above is 'the American Association of Individual Investors bull bear ratio'... Read More 

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At the Edge of Chaos: Price Charts Say Niet to "Petro Ruble", For Now

by Joe Duarte

There is a growing chorus, certainly on the fringes of financial analysis at the moment, that the U.S. Dollar is in the early stages of collapsing as the world's reserve currency. This set of expectations is based on familiar themes: the long-standing and growing U.S... Read More 

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T-Bond Yields Following Gold's Footsteps

by Tom McClellan

Inflation worries are finally getting the attention of investors and the Fed, and that has long-term rates finally starting to climb. It is weird for anyone who lived in the 1970s and 1980s to see an inflation rate approaching 8%, and long term T-Bond yields are still at 2... Read More 

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The Ord Oracle April 5, 2022

by Tim Ord

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. Next week is options expiration week and, during the week before (a.k.a. this week), whipsaws are common... Read More 

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At the Edge of Chaos: Stock Rally is Not Dead Until Proven Otherwise

by Joe Duarte

I remain cautiously bullish on stocks at the moment, based on the fact that nothing has really changed in the last couple of weeks, especially when it comes to the technical aspects of the market... Read More 

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Put/Call Ratio Range Shift

by Tom McClellan

When the market changes its mood, indicators can sometimes change theirs to match. That is the message of this week's chart. Traders and analysts have been watching the Put/Call Ratio ever since the late Martin Zweig first called attention to it decades ago... Read More