Top Advisors Corner August 30, 2023 at 03:11 PM
SPX Monitoring Purposes: Neutral. Gain since 12/20/22: 15.50% Monitoring Purposes GOLD: Long GDX on 10/9/20 at 40.78. Yesterday, we said, "the light blue-shaded areas are when the 18-day averages for up down volume percent and advance/decline percent for GDX are above -10... Read More
Top Advisors Corner August 27, 2023 at 05:52 PM
After all the drama over the preceding days, the takeaways from Mr... Read More
Top Advisors Corner August 23, 2023 at 05:44 PM
The latest data just out on the monetary aggregate known as M2 showed a continued shrinkage of the money supply. M2, in nominal terms, is now down 3.7% from a year ago. But, at the same time, nominal GDP (not adjusted for inflation) for Q2 of 2023 is up 6.3% from Q2 of 2022... Read More
Top Advisors Corner August 23, 2023 at 03:42 PM
SPX Monitoring Purposes: Neutral. Gain since 12/20/22=15.50% Monitoring Purposes GOLD: Long GDX on 10/9/20 at 40.78. We updated this chart from yesterday, when we said, "panic only forms at bottoms in the market; no panic, no bottom... Read More
Top Advisors Corner August 20, 2023 at 03:03 PM
The market's worsening breadth and the lack of a robust bounce on 8/18/23, even as bond yields reversed course after their runaway freight train climb during the week, is worrisome... Read More
Top Advisors Corner August 17, 2023 at 06:48 PM
ETF investors who are interested in gold have long been able to turn to products like GLD and IAU as ways to invest in gold... Read More
Top Advisors Corner August 16, 2023 at 02:03 PM
SPX Monitoring Purposes: Long SPX 8/9/23 at 4467.71. Long SPX on 2/6/23 at 4110.98: Sold 6/16/23 at 4409.59 = gain of 7.26%. Gain since 12/20/22=17.68%. Monitoring Purposes GOLD: Long GDX on 10/9/20 at 40.78... Read More
Top Advisors Corner August 13, 2023 at 04:44 PM
The Fed is flying trial balloons about the end of the interest rate hike cycle, but the technology sector is ignoring them as the smart money move to energy continues... Read More
Top Advisors Corner August 10, 2023 at 09:02 PM
If you are a really long-term investor, then you want to buy stocks when everyone is happy, and no one likes the stock market or the economy. And when everyone is elated, that is the time to eschew stocks and turn to other assets... Read More
Top Advisors Corner August 09, 2023 at 01:27 PM
SPX Monitoring Purposes: Long SPX 6/21/23 at 4365.69; sold 7/21/23 4536.34=gain 3.91%. Long SPX on 2/6/23 at 4110.98: Sold 6/16/23 at 4409.59 = gain of 7.26%. Gain since 12/20/22=17.68%. Monitoring Purposes GOLD: Long GDX on 10/9/20 at 40.78... Read More
Top Advisors Corner August 06, 2023 at 06:04 PM
And just like that, the tech stocks are now in full distribution mode... Read More
Top Advisors Corner August 02, 2023 at 03:57 PM
SPX Monitoring Purposes: Long SPX 6/21/23 at 4365.69; sold 7/21/23 4536.34=gain 3.91%. Long SPX on 2/6/23 at 4110.98: Sold 6/16/23 at 4409.59 = gain of 7.26%. Gain since 12/20/22=17.68%. Monitoring Purposes GOLD: Long GDX on 10/9/20 at 40.78... Read More
