Top Advisors Corner December 30, 2022 at 11:00 PM
Now that the November 2022 mid-term elections are behind us, the stock market is now in year 3 of the 4-year presidential cycle pattern... Read More
Top Advisors Corner December 30, 2022 at 10:46 PM
2022 has come to an end with a collective "Thank Goodness!" There's just no sugarcoating it; 2022 was a brutal year for those who were long stocks. This was particularly true for those who stuck with technology stocks, with the tech-heavy NASDAQ falling 33% for the year... Read More
Top Advisors Corner December 28, 2022 at 02:34 PM
Last week, trading was below last week's low on lighter volume, but then closed above last week's low. It's said, "If a market can't take out the previous low on higher volume, it will reverse and attempt to take out the previous high... Read More
Top Advisors Corner December 24, 2022 at 12:20 AM
The Fed boosted the size of the money supply in a huge way because of COVID-19, exacerbating an upswing that was already underway in the ratio of M2 to GDP featured in this week's chart... Read More
Top Advisors Corner December 18, 2022 at 03:15 PM
This is my final Market Summary for 2022. I will be back in January; subscribers can expect portfolio summaries and intermittent alerts as usual... Read More
Top Advisors Corner December 16, 2022 at 12:41 AM
Total federal debt has risen every year since the 1950s. It even rose during the supposed budget surpluses back in 1999–2000. A little bit of debt is not a problem, but, when the total debt gets up to a really high level, it becomes a big problem... Read More
Top Advisors Corner December 14, 2022 at 03:14 PM
SPX Monitoring Purposes: Long SPX on 11/10/22 at 3956.27 Monitoring Purposes GOLD: Long GDX on 10/9/20 at 40.78. Long Term SPX Monitor Purposes: Neutral. We have updated the chart and statistics from yesterday... Read More
Top Advisors Corner December 11, 2022 at 08:28 PM
The stock market is preparing for a big move as volatility bands tighten around the major indexes. There are three major factors to consider at the moment: the Fed, tax selling, and sector specificity. Technical developments suggest the market is weakening... Read More
Top Advisors Corner December 07, 2022 at 12:22 PM
SPX Monitoring Purposes: Long SPX on 11/10/22 at 3956.27. Monitoring Purposes GOLD: Long GDX on 10/9/20 at 40.78. Long-Term SPX Monitor Purposes: Neutral. Yesterday, we said, "The 10-day average of the Arms Index (TRIN) close near 1.20 appears near short-term lows... Read More
Top Advisors Corner December 04, 2022 at 02:21 PM
We remain in a seasonally bullish period for stocks. And while the bullish trend could end abruptly once the Fed makes its latest interest rate decision known on December 14, so far, against all apparent odds, the seasonal trends seem to be holding up... Read More
Top Advisors Corner December 01, 2022 at 07:15 PM
Gold prices have moved up by almost $200 off the October lows. Generally, that would bring a response from investors to start buying into SPDR Gold Shares (GLD) and iShares Gold Trust (IAU), the big gold bullion exchange-traded funds (ETFs)... Read More
