Top Advisors Corner

December 2014

Top Advisors Corner

Tim Ord: The Ord Oracle - December 31, 2014

by Tim Ord

Monitoring purposes SPX; Closed short SPX on 12/10/14 at 2026.14= gain 2.37%. Short SPX 12/5/14 at 2075.37. Monitoring purposes Gold: Gold ETF GLD long at 173.59 on 9/21/11. Long Term Trend monitor purposes: Flat We updated this chart from yesterday... Read More 

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Gene Inger: The Inger Letter - December 29, 2014

by Gene Inger

A divergence in earnings - is one big factor not yet computed by Street consensus estimates for 2015. By some estimates current figures tend to overstate both growth rates and revenue estimates by up to a third (details)... Read More 

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Fingraphs: Following the trends into 2015

by Jean-Francois Owczarczak

Leading into 2015, we choose to focus on the longer term trends currently in place, extrapolating them into the first quarters of next year. To illustrate this multi asset review, we will use FinGraphs Mosaic Views of Weekly charts (one point per week)... Read More 

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Tom McClellan: Oil Follows Gold's Crash Pattern

by Tom McClellan

With oil prices having been cut in half over the past 6 months, many analysts are forecasting what this means for the economy, for jobs, for consumer spending, etc... Read More 

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Tom McClellan: Yield Curve's Effect Thwarted By Fed's Actions

by Tom McClellan

The Fed’s fingerprints are all over the charts. Whether or not that is a good thing depends upon one’s point of view. The yield curve still matters, in spite of former Fed Chairman Ben Bernanke’s 2007 assertions to the contrary... Read More 

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Gene Inger: The Inger Letter - December 22, 2014

by Gene Inger

Quadruple Witching - was huge; and now skepticism remains appropriate again; but seasonally-tempered. Before the explosive rebound; I'd warned the Street wanted this to scream higher toward year-end and beyond (tax gain deferral plus performance comparisons)... Read More 

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Martha Stokes: Divergences Between Quantity/Volume And Price Indicators

by Martha Stokes

How To Use Divergences As Leading Indicators Many technical traders are often surprised when the indexes or stocks appear to suddenly reverse or collapse in price or value... Read More 

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Tim Ord: The Ord Oracle - December 18, 2014

by Tim Ord

Monitoring purposes SPX; Closed short SPX on 12/10/14 at 2026.14= gain 2.37%. Short SPX 12/5/14 at 2075.37. Monitoring purposes Gold: Gold ETF GLD long at 173.59 on 9/21/11. Long Term Trend monitor purposes: Flat The top window is the NYSE new highs and NYSE new lows... Read More 

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David England: Plan B-Final

by David England

Today, I finalize my series per your question, “Are there securities that go up when the market goes down?” During the 2007-2009 time frame, we saw that the S&P 500 dropped over 55 percent while all four Bear/Inverse funds performed as designed and were up a lot more percentage w... Read More 

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Jack Steiman: The Market Showing Its Dark Side

by Jack Steiman

Volatility is soaring and traders are suffering. It's too difficult to play with massive whipsaw moves intraday just about everywhere, while the trend remains clearly lower for now... Read More 

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Martha Stokes CMT: The Price Indicator Rate Of Change

by Martha Stokes

Comparative Analysis Indicators Comparative and relational indicators are a vital part of every technical trader indicator tool kit. These indicators provide an unusual perspective on how Price and/or Volume are behaving, by comparing the most current data to X period ago... Read More 

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Fingraphs: USD Deleveraging in Emerging Markets, a Significant Risk in 2015

by Jean-Francois Owczarczak

Early November, we reaffirmed our medium and long term positive view on the Dollar (“Still bullish on the Dollar, yet …” in the TAC 7th November)... Read More 

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Tom McClellan: What Hindenburg Omens and an Oil Crash Mean

by Tom McClellan

The two big financial news items in December have been the multiple Hindenburg Omen signals and the crash in crude oil prices. I recently went on CNBC to talk about the former. Its relationship to the latter is inescapable... Read More 

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David England: Plan B--Part II

by David England

Today, I continue with my series per your question, “Are there other securities that go up when the market goes down?” In order to provide a sufficient answer, I use three inverse market ETFs and one Bear Mutual Fund: 1. ProShares Short DOW 30 ETF (DOG); 2... Read More 

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Tim Ord: The Ord Oracle - December 11, 2014

by Tim Ord

Monitoring purposes SPX: Closed short SPX on 12/10/14 at 2026.14= gain 2.37%. Short SPX 12/5/14 at 2075.37. Monitoring purposes GOLD: Gold ETF GLD long at 173... Read More 

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Jack Steiman: Game Still in Hand of Longs

by Jack Steiman

Was Monday's selling bearish? Not at all. No heavy push negative on the daily oscillators. No big gap down that closed at or near the lows. Just overbought conditions getting unwound as they need to be... Read More 

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Gene Inger: The Inger Letter - December 8, 2014

by Gene Inger

Popping bubbles of this magnitude - doesn't come easily. October's very successful downside move was in my view a harbinger of what can happen; and in that essence 'they' had to bring it back to prevent a serious debacle... Read More 

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Tom McClellan: Capitulation Not Over in Crude Oil

by Tom McClellan

Crude oil prices had a seemingly exhaustive washout selloff following the Nov. 27 OPEC meeting. Oil bulls had been hoping for a production cutback at that meeting, but Saudi Arabia successfully led an effort to oppose such cuts... Read More 

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Fingraphs: China - Skyrocketing and could continue

by Jean-Francois Owczarczak

If you talk Asia lately, you talk Japan. You’d mention its aggressive Abenomics, its rising stock market and ways to profit from it without bearing the currency risk (e.g. the DXJ ETF). The limelight however has already shifted... Read More 

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Martha Stokes: Cumulative Indicators and Moving Averages

by Martha Stokes

There are several ways that data can be managed by an indicator formula. The two most common used for stock indicators are the cumulative formula and the standard moving average... Read More 

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David England: Ready for Plan B?

by David England

Recently, I addressed your question, “When equities go down, do bonds go up?” I compared top bond funds performance vs. the market (S&P 500) during previous sell-offs. Most of these funds did go up when the market sold off, but nowhere near the percentage that the market dropped... Read More 

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Tim Ord: The Ord Oracle - December 4, 2014

by Tim Ord

Monitoring purposes SPX; Sold 9/30/14 at 1972.29= gain .003%; Long SPX on 9/25/14 at 1965.99. Monitoring purposes Gold: Gold ETF GLD long at 173.59 on 9/21/11. Long Term Trend monitor purposes: Flat The following is near what we said yesterday and see little need to make changes... Read More 

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Jack Steiman: Bears Making Progress

by Jack Steiman

At least the bears can say they made some progress on Monday. Not exactly what they would love to see but at least they have something more positive to hold on to... Read More 

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Alan Newman: Crosscurrents - December 1, 2014

by Alan Newman

Rationales & Targets The rally from the October 15th low has been stunning for the rapidity of the advance, the complete reversal of volatility and the complete reversal of sentiment, which finally turned excessively pessimistic for the first time in 2014... Read More 

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Gene Inger: The Inger Letter - December 1, 2014

by Gene Inger

Descriptive superlatives - are unnecessary to see the risk in this market. It is overbought of course; manipulated probably; technically eye-opening just by virtue of an historic string of sessions failing to break even the S&P 5-day Moving Average... Read More