Top Advisors Corner

November 2023

Top Advisors Corner

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Weird Wednesdays for Put/Call Ratio

by Tom McClellan

There is a weird phenomenon that has cropped up in the options markets over the past couple of years. Even weirder is that this weird new phenomenon is flipping itself around. The CBOE Put/Call Volume Ratio compares the numbers of put options and call options traded each day... Read More 

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The Ord Oracle November 28, 2023

by Tim Ord

SPX Monitoring Purposes; Long SPX 10/27/23 at 4117.37. Gain Since 12/20/22: Over 26%. Monitoring Purposes GOLD: Long GDX on 10/9/20 at 40.78. There is a very good likelihood of a multi-year signal triggering for GDX in the coming months... Read More 

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The Ord Oracle November 21, 2023

by Tim Ord

SPX Monitoring Purposes: Long SPX 10/27/23 at 4117.37. Gain since 12/20/22: Over 26%. Monitoring Purposes GOLD: Long GDX on 10/9/20 at 40.78. Above is the monthly SPX chart... Read More 

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Bullish Holiday Seasonality Promises More Gains; Three Value Sectors to Consider

by Joe Duarte

Stock traders seem stunned by the recent fall in bond yields and the concurrent rally in stocks. As a result, short sellers have scrambled to reverse their bearish positions, which led to a gigantic short squeeze... Read More 

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Californians Caused Late October Dip (and Rebound)

by Tom McClellan

The stock market in 2023 has been tracking the Annual Seasonal Pattern (ASP) really closely -- until a late October 2023 extra dip in stock prices that was not on the ASP's program, that is. Since that dip, stock prices have been rallying hard to get back on track... Read More 

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The Ord Oracle November 13, 2023

by Tim Ord

SPX Monitoring Purposes: Long SPX 10/27/23 at 4117.37. Gain Since 12/20/22: Over 23%.Monitoring Purposes GOLD:Long GDX on 10/9/20 at 40.78. Above is a sentiment indicator which is the CBOE 5- and 21-day equity put/call ratio... Read More 

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In Bullish Trends, Seek Value and Momentum; Three Sectors to Watch as Year-End Rally Progresses

by Joe Duarte

The combination of a pause in the Fed's rate hikes and strong year-end seasonal tendencies have created an opportunity for investors to end the year on a positive note... Read More 

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McClellan Oscillator for Investment Grade Bonds

by Tom McClellan

T-Bond prices fell on Nov. 9, 2023, on news of an auction of $24 billion in new 30-year T-Bonds that did not go very well. The setup for this drop was already there, based on the recent run up in bond prices, which has also affected the corporate bond market... Read More 

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Santa May Be Warming Up His Sled; What's Next? Watch the Fed and the Bond Market

by Joe Duarte

The traditional year-end rally may have started with last week's liftoff on Wall Street, as the Fed's rate hikes start to bite and the economy shows signs of slowing. Investors hope the economy slows just enough to reduce inflation... Read More 

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Bitcoin Futures Open Interest Spike

by Tom McClellan

There is growing speculation that the Securities and Exchanged Commission (SEC) of the U.S. federal government is close to approving one or more spot Bitcoin ETFs to begin trading. That speculation has driven up Bitcoin prices to the highest level in more than a year... Read More