Top Advisors Corner January 30, 2024 at 03:21 PM
SPX Monitoring Purposes: Long SPX on 1/18/24 at 4780.94. Our Gain 1/1/23 to 12/31/23: SPX=28.12%; SPX gain 23.38%. Monitoring Purposes GOLD: Long GDX on 10/9/20 at 40.78. Our gain for 2023 came in at 28.12% and SPX gain for 2023 came in at 23.38... Read More
Top Advisors Corner January 28, 2024 at 05:40 PM
There's an old Wall Street adage that says: "What's important is the return of your money, not the return on your money." This is one of those times... Read More
Top Advisors Corner January 25, 2024 at 02:52 PM
I like to find interesting comparisons between seemingly unrelated data, as they offer insights that some people might not have thought of. Someone asked me recently how I come up with such comparisons... Read More
Top Advisors Corner January 25, 2024 at 02:45 PM
Those of us who have been bullish on the homebuilder sector got a reality check on 1/23/24 when, despite beating on revenues, D.R. Horton (DHI) missed earnings expectations and the stock tanked, taking prices for other homebuilders such as Lennar (LEN) down as well... Read More
Top Advisors Corner January 23, 2024 at 04:32 PM
A breakout in the major indexes, with a last-minute recovery in the market's breadth and rising bond yields, made for a mixed options expiration week... Read More
Top Advisors Corner January 23, 2024 at 03:36 PM
SPX Monitoring Purposes: Long SPX on 1/18/24 at 4780.94. Gain Since 1/1/23 SPX: 28.12%; SPX gain 23.38%. Monitoring purposes GOLD: Long GDX on 10/9/20 at 40.78. Our gain for 2023 came in at 28.12% and the SPX gain for 2023 came in at 23.38... Read More
Top Advisors Corner January 18, 2024 at 09:39 PM
Here is a fun magic trick that some technical indicators can do. This week's chart shows the 14-3 stochastic oscillator for T-Bond futures prices -- 14-3 means a 14-trading-day lookback period and a 3-day simple moving average for smoothing... Read More
Top Advisors Corner January 18, 2024 at 01:54 PM
I've been bullish on the homebuilder stocks for a long time, and I haven't changed my long-term positive view. Lately, the sector has had some ups and downs related to the ebb and flow of interest rates... Read More
Top Advisors Corner January 17, 2024 at 02:04 PM
SPX Monitoring Purposes: Neutral. Our Gain since 1/1/23 SPX: 28.12%; SPX gain 23.38%. Monitoring Purposes GOLD: Long GDX on 10/9/20 at 40.78. Our gain for 2023 came in at 28.12%, and the SPX gain for 2023 came in at 23.38. We made 8 SPX trades, with one loss and 7 wins in 2023... Read More
Top Advisors Corner January 14, 2024 at 06:05 PM
The bounce in the stock market, boosted by the short squeeze in the Magnificent Seven stocks housed in the QQQ ETF (which I predicted here last week), may have some staying power, as the Nasdaq 100 Index (NDX) remains resilient... Read More
Top Advisors Corner January 12, 2024 at 08:00 AM
The SEC finally gave approval to trade for eleven different spot Bitcoin ETFs, a long-anticipated action that many analysts and traders are expecting will increase demand for Bitcoins, now that ordinary investors can "own" Bitcoin in their brokerage accounts... Read More
Top Advisors Corner January 11, 2024 at 03:22 PM
The December CPI numbers, released this morning, showed that, at the very least, the recent downward path in inflation has slowed... Read More
Top Advisors Corner January 07, 2024 at 03:59 PM
The stock market stumbled into 2024. But under the hood, until proven otherwise, the action resembles a sector rotation more than a full-blown correction. Because of the magnitude of the Q4 rally, this consolidation/rotation could last a while... Read More
Top Advisors Corner January 05, 2024 at 12:58 PM
January has long been considered one of the stronger months for the stock market from a seasonal perspective. But this is only true if you average together price data going back many decades. More recent years have shown us a different story... Read More
Top Advisors Corner January 03, 2024 at 02:22 PM
SPX Monitoring Purposes: Long SPX 1/2/24 at 4742.83. Gain Since 1/1/23 SPX: 28.12%; SPX gain 23.38%. Monitoring Purposes GOLD: Long GDX on 10/9/20 at 40.78. Our gain for 2023 came in at 28.12%, and the SPX gain for 2023 came in at 23.38... Read More
