Top Advisors Corner

StockCharts.com Icon
About this blog: contains free samples of interesting market newsletters from a wide variety of professional authors. New articles are posted as they are received from the authors. Note that subscription solicitations may appear inside these articles. All opinions expressed in these articles are solely the opinion of the article's author, not that of StockCharts.com. The materials in these articles are the property of the article's author and may not be reposted without the author's explicit permission.

Latest Posts

Top Advisors Corner

Tom McClellan: XIV Volume Showing Sign of a Price Top

by Tom McClellan

The short VIX trade has been described recently as “the most crowded trade” out there.  But traders of XIV, an inverse VIX ETN, have not been all that excited about it lately, judging by the trading volume.  And that says we have a topping condition for prices. XIV invests in the two nearest month VIX futures contracts, so it is not a pure inverse VIX product.  The VIX futures sometimes behave a little bit differently from the spot VIX Index, and so anyone trading XIV should understand what they are getting into.  XIV has also become a darling of Read More 

Top Advisors Corner

David Keller: Revisiting Consumer Staples

by David Keller

Back in July, I wrote about the Consumer Staples sector rotating from the “Weakening” to the “Lagging” section of the RRG chart.  I used this as an opportunity to find potential short candidates, looking for actionable breakdowns. This week I wanted to update the RRG to gauge sector rotations, and review some of the charts from July to see what has happened since. This was the RRG chart that I used on July 11th.  Note that the Consumer Staples ETF (XLP) is circled in orange. Now here is an updated RRG chart, showing the action Read More 

Top Advisors Corner

Mark S. Young: Wall Street Sentiment-- To the Moon!!!

by Mark Young

In our last submission, we said that we had what we call a Borderline "Secret Hedge Fund" Buy and that any weakness at all would confirm a good buy.  I admitted it was a bit of bottom picking, but barring anything serious on the horizon, buying  dips is what you should do in a Bull Market. I didn't see much trouble at least in the financial sector and while the technicals looked undeniably sick, the most reliable tool we have--one that has made hundreds of millions of dollars over the years was saying Buy. I said that I was looking more long, not less so and that we would buy Read More 

Top Advisors Corner

Tom McClellan: Silver COT: Commercials Betting Against Breakout

by Tom McClellan

September 13, 2017 The price of spot silver is trying really hard to break a long term downtrend line, which would arguably be a bullish development if the breakout succeeds.  But the big-money “commercial” traders of silver futures are betting heavily on a failure of that breakout attempt. The Commitment of Traders (COT) Report is published every Friday by the CFTC, detailing futures positions held by traders in 3 different groups: Commercial traders are the big money, and usually the smart money. Non-commercial traders are large Read More 

Top Advisors Corner

Tom McClellan: Gold's 13-1/2 Month Cycle: Right Translation

by Tom McClellan

 Gold has been pushing up to higher closing highs, which is getting the gold bugs all excited.  But we are now late in the 13-1/2 month cycle that is dominant in gold prices, and so we should expect a drop into the major cycle low due at the end of 2017. But there is a lot more to the 13-1/2 month cycle than just when to expect the major lows.  For starters, there is a mid-cycle low that usually arrives around the mid-point of the whole cycle.  The mid-cycle low is usually not as punctual as the major cycle low, but it is still important for figuring out the message Read More 

Top Advisors Corner

Tim Ord: The Ord Oracle September 7, 2017

by Tim Ord

SPX Monitoring purposes; Short SPX on 8/30/17 at 2457.59. Monitoring purposes GOLD:  Neutral Long Term Trend monitor purposes: Neutral. The top window is the 5 day average of the “Total Put/Call ratio”. Readings .90 and less have appears near short term highs in the market, which was reached last Friday.  Market moved lower on Tuesday on high volume and a bearish sign.  A down gap formed on Tuesday’s open and market is attempting to test that gap level which is near 248 on the SPY.  If the gap is tested on at least 10% lighter volume, than gap will have resistance Read More 

Top Advisors Corner

Tom McClellan: GLD Assets Spike Higher

by Tom McClellan

August 31, 2017   A late-August surge in gold prices has finally attracted traders back into SPDR Gold Shares (GLD), the largest of the gold bullion ETNs.  This week’s chart looks at total assets held in the GLD Trust, which issues or redeems shares as needed in order to keep the share price as close as possible to the net asset value.  Those shares are backed by actual gold bullion, and so issuing more shares means more gold in their vaults.  Data are available from http://www.spdrgoldshares.com/usa/historical-data/.  The amount of assets Read More 

Top Advisors Corner

Years Ending In 7

by Tom McClellan

 Everyone knows about annual seasonality, and has heard of “Sell in May and go away”.  That slogan persists even though actual seasonal strength typically peaks in August, but nothing good rhymes with August.  There is also a strong tendency of the market to show regular patterns on a 10-year basis, now known as the Decennial Pattern.  And years ending in the number 7 have an ugly surprise for the bulls.  In year 7s, the stock market typically peaks in August and bottoms in early November.  And thus far the DJIA seems to be following the pattern Read More 

Top Advisors Corner

Mary Ellen McGonagle: EMERGING MARKETS CONTINUE TO SHINE WHILE THE U.S. STALLS ; Opportunities Outside U.S. Can Bolster Your Returns

by Mary Ellen McGonagle

While the U.S. markets have seen reduced breadth and increased volatility over the last month, there are pockets of strength overseas that are worth investigating. But first, let’s recap the recent action in the U.S. to highlight why it makes sense to broaden your exposure to other markets.   My work shows that strong earnings are the primary driver of a stocks upward move so we’ll begin with a review of 2nd quarter earnings for this year where strong earnings reports were met with selling. Using the S&P 500, it was a very healthy reporting season recently with close Read More 

Top Advisors Corner

Tim Ord: The Ord Oracle August 16, 2017

by Tim Ord

SPX Monitoring purposes;  Neutral. Monitoring purposes GOLD:  Covered short 8/11/17 at 23.15; loss 4.28; Short GDX @ 22.20 on 8/7/17 Long Term Trend monitor purposes: Neutral.   On yesterday’s commentary we said, “The Equity Put/Call ratio closed at .94 Friday; reading .75 and high have predicted a bounce in the market, 88% of the time, within the next 3 to 5 days with an average gain of 1.3. The combination tick and trin readings did not produce a bullish signal last week but the Put/Call ratios did.  There was an open gap from last Wednesday’s close to Thursday’s Read More 

Subscribe to Top Advisors Corner to be notified whenever a new post is added to this blog!