Top Advisors Corner September 25, 2022 at 08:15 PM
If this was a market with "normal" levels of liquidity, with the current level of fear and its oversold state, we would likely see a potentially tradeable bounce back in prices of some sort fairly soon. But it's not a liquid market, thanks to the Federal Reserve... Read More
Top Advisors Corner September 23, 2022 at 07:57 PM
At its low on Friday, the Dow Jones closed below its June 17 low of 29,653. The S&P got within 11 points of its June low of 3636. The NASDAQ held above its June 17 low but still saw deep losses... Read More
Top Advisors Corner September 21, 2022 at 03:28 PM
SPX Monitoring Purposes: Neutral. Monitoring purposes GOLD: Long GDX on 10/9/20 at 40.78. Long Term SPX Monitor Purposes: Neutral. Above is the American Association of Individual Investors Bull/Bear ratio. Readings below .40 have market intermediate-term lows in the SPX... Read More
Top Advisors Corner September 18, 2022 at 10:57 PM
Cue the rip-roaring rally!! If the stock market follows its recent script, we may see some sort of bounce in stocks in the next few days... Read More
Top Advisors Corner September 13, 2022 at 03:21 PM
SPX Monitoring Purposes: Long 8/29/22 4030.61; sold 3990.03 on 9/2/22= loss 1%. Monitoring Purposes GOLD: Long GDX on 10/9/20 at 40.78. Long Term SPX Monitor Purposes: Neutral. The low last week did not record panic in the TRIN to the degree we like to see for a durable bottom... Read More
Top Advisors Corner September 11, 2022 at 06:37 PM
Things happen at the speed of light when robot traders rule the market. You'd think that, with the Fed's threat to cause "pain" with higher interest rates, short sellers would be crushing it these days... Read More
Top Advisors Corner September 08, 2022 at 11:26 AM
This week's chart is the one I have been watching very closely the past few days and sharing in my Daily Edition. It has multiple things all going on at the same time, and presents a great lesson on a couple of important chart analysis principles... Read More
Top Advisors Corner September 07, 2022 at 01:26 PM
SPX Monitoring Purposes: Long 8/29/22 4030.61; sold 3990.03 on 9/2/22= loss 1%. Monitoring Purposes GOLD: Long GDX on 10/9/20 at 40.78. Long Term SPX Monitor Purposes: Neutral... Read More
Top Advisors Corner September 04, 2022 at 06:49 PM
Forget the employment report. There are bigger things to be concerned about. September is traditionally a bad month for stocks... Read More
