Top Advisors Corner May 30, 2014 at 01:20 PM
Most traders who look at options market data for market insights like to focus on the "Put/Call Volume Ratio", which examines the differences between the number of trades in bullish versus bearish bets... Read More
Top Advisors Corner May 30, 2014 at 10:13 AM
We may be assassinated by the gold bugs, but an analysis is an analysis -- if not a cigar. We ran a rule of 7 analysis on gold and came up with some fanciful targets. As you will remember in the use of the rule we take the first wave of the breakaway, here 243... Read More
Top Advisors Corner May 30, 2014 at 09:42 AM
A 'dearth of opportunities' - actually is behind both the risk and complacency of the current market environment... Read More
Top Advisors Corner May 29, 2014 at 03:00 PM
Technical patterns for Dark Pools often reveal the potential for a sudden huge gap or long white candle run caused by High Frequency Trading or HFT activity... Read More
Top Advisors Corner May 28, 2014 at 03:30 PM
Monitoring purposes SPX: Covered short on 5/27/14 at 1911.91 loss 1.42%. Short SPX on 5/19/14 at 1885.08. Monitoring purposes GOLD: Gold ETF GLD long at 173... Read More
Top Advisors Corner May 27, 2014 at 02:02 PM
If you follow our research you know that we have been bearish the housing sector since May 2013 when we warned falling lumber prices were a leading indicator of soon to be weakness for homebuilders... Read More
Top Advisors Corner May 24, 2014 at 04:01 PM
With Memorial Day on us it is worth reminding readers of the horrors of World War I... Read More
Top Advisors Corner May 22, 2014 at 05:00 PM
Happy Memorial Day! On this holiday weekend we commemorate our troops and pray for a safe Nation and fine Summer for all. I also know this extended S&P does not -yet- reflect broad declines... Read More
Top Advisors Corner May 22, 2014 at 02:00 PM
Much has been written about using trading volume in technical analysis, and if you ever want a good primer on this, you should check out Buff Dormeier's book Investing With Volume Analysis... Read More
Top Advisors Corner May 22, 2014 at 01:00 PM
At any one time in any stock there can be as many as 4 different orders: Buy orders with the intent that the stock will move up. Sell orders, either profit-taking or due to a loss. Sell short, selling borrowed stocks with the intent for the stock to move down in price... Read More
Top Advisors Corner May 21, 2014 at 03:20 PM
Monitoring purposes SPX: Short SPX on 5/19/14 at 1885.08. Monitoring purposes GOLD: Gold ETF GLD long at 173.59 on 9/21/11 Long Term Trend monitor purposes: Flat We had a short term target on the SPY near 189 range which is where a gap formed on 5/15... Read More
Top Advisors Corner May 20, 2014 at 02:08 PM
The following is an excerpt from the US Stock Market section of the May 12th "Keys To This Week" report, which also covers US Stock Market Sectors, US Interest Rates, the US Dollar, and economically influential commodities like copper, gold and crude oil... Read More
Top Advisors Corner May 16, 2014 at 05:36 PM
Coordinated complacency conspiracies - are likely the most evident tell-tale characteristics the first few months of 2014 will be remembered for... Read More
Top Advisors Corner May 16, 2014 at 04:44 PM
Short-Term Sentiment: Bullish. Overall Intermediate-Term Sentiment: Mixed for the market Individual Investor Sentiment: ST Neutral. IT Neutral for the market. Small Speculator Sentiment: ST Bullish-to-Mixed, and IT Bearish for the Market... Read More
Top Advisors Corner May 16, 2014 at 01:43 AM
The most superficial examination of the IWM reveals details with negative implications. A two month downtrend is obvious and prices are approaching the horizontal trendline. This trendline may well be the neckline of a mutant head and shoulders formation... Read More
Top Advisors Corner May 15, 2014 at 01:43 AM
Four years ago I wrote about crude oil's 10-year leading indication for the movements of the DJIA. I expressed some doubt that it would continue to work, because it conflicted with the 40-year cycle analysis discussed here... Read More
Top Advisors Corner May 14, 2014 at 11:06 AM
This week, let’s study colored Volume Bars and how to avoid whipsaw trade risk by understanding how volume and volume-based indicators reveal the weakness in a candlestick pattern... Read More
Top Advisors Corner May 10, 2014 at 09:05 PM
Who says they don't ring a bell at the top? Coincident with our 'inflection' June S&P short-sale early in March at the 1890 level; we proclaimed internally the high was at-hand, if not already behind for a few leading technology stocks... Read More
Top Advisors Corner May 09, 2014 at 09:01 PM
Short-Term Sentiment: Bearish. Overall Intermediate-Term Sentiment: Mixed for the market. Individual Investor Sentiment: ST Mildly Bearish. IT Bullish for the market. Small Speculator Sentiment: ST Bearish, and IT Bearish for the Market... Read More
Top Advisors Corner May 08, 2014 at 06:33 PM
I like to get answers ahead of time. So I like to find data relationships which can do that for me. This week's chart features a fun one, employing data from the weekly Commitment of Traders (COT) Report... Read More
Top Advisors Corner May 07, 2014 at 10:15 PM
Monitoring purposes SPX: Sold SPX on 4/1/14 at 1885.52 = gain 1.78%; Long SPX on 3/26/14 at 1852.56. Monitoring purposes GOLD: Gold ETF GLD long at 173.59 on 9/21/11 Long Term Trend monitor purposes: Flat Above is the bullish percent index for the NYSE... Read More
Top Advisors Corner May 06, 2014 at 04:17 PM
The Right Indicator Combinations Are Key To Strong Trading Results. In my analysis of the stock market, I like to put together indicators that provide a multi-faceted view of what is going on within the price movement of stocks, indexes, and ETFs... Read More
Top Advisors Corner May 05, 2014 at 09:57 AM
Here is the weekly report for all the various sentiment indicators that we track for the week ending on May 2nd, 2014. Our Wall Street Sentment Survey Results: Weekly BULLS: 11% Weekly BEARS: 56% Our `Smart Money' Pollees were 0% Bullish and 80% Bearish... Read More
Top Advisors Corner May 03, 2014 at 06:23 PM
Bracing for impact - from any number of concerns; technical, geopolitical and fundamental; remains a focus of nimble trading (nimble because expecting alternating moves this year, and this week, we found need to trade S&P moves in both directions)... Read More
Top Advisors Corner May 02, 2014 at 04:44 PM
Rationales & Targets We are contrarians, thus when a consensus forms, we look at reasons for an opposing view. Typically, one sided sentiment is meaningful and results in an opposite direction from the consensus forecast... Read More
Top Advisors Corner May 02, 2014 at 12:50 AM
(This first part of this article was originally written in December 2013) The story is told of the conquest of Mexico (a rousing good story with wonderful books by Thomas, Prescott, et al) during which Cortez kidnapped the Aztec emperor, Montezuma, and forced him to turn over the... Read More
Top Advisors Corner May 01, 2014 at 06:23 PM
One easy way to evaluate investors' appetite for risk is to make a comparison of a couple of SPDR sector ETFs, XLY and XLP. XLY is the ETF which tracks the "consumer discretionary" sector, as Standard and Poors defines it. XLY's top 5 holdings are Comcast, Walt Disney, Amazon... Read More
Top Advisors Corner May 01, 2014 at 05:37 PM
Monitoring purposes SPX: Sold SPX on 4/1/14 at 1885.52 = gain 1.78%; Long SPX on 3/26/14 at 1852.56. Monitoring purposes GOLD: Gold ETF GLD long at 173.59 on 9/21/11 Long Term Trend monitor purposes: Flat Rennie Yang of www.marketells... Read More
