Top Advisors Corner

February 2015

Top Advisors Corner

Tom McClellan: 2-Year T-Note Shows Path For FOMC

by Tom McClellan

I wrote back in 2011 that the Fed could do a lot better with interest rate policy if the FOMC would just outsource the decision making task to the bond market, specifically the 2-year T-Note yield. The point is still the same, and the FOMC is still seemingly unaware... Read More 

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Tim Ord: The Ord Oracle - February 25, 2015

by Tim Ord

Monitoring purposes SPX: Long SPX on 2/3/15 at 2050.03. Monitoring purposes GOLD: Gold ETF GLD long at 173.59 on 9/21/11 Long Term Trend monitor purposes: Flat This chart looks at the short term picture for the SPY... Read More 

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Jack Steiman: Same Old Story as Bears Accomplish Nothing

by Jack Steiman

The market two good reasons to sell a bit on Monday. First, there was the overbought condition on the Nasdaq 100, and second, there was caution ahead of Yellen's testimony before Congress on Tuesday and Wednesday. That was enough to keep the buyers away for a day... Read More 

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Gene Inger: The Inger Letter - February 23, 2015

by Gene Inger

Only The ECB / Greek deal - is actually more frozen than the ice storms the USA is dealing with this week. Ours will melt; Europe's only slightly defrosted as it simply 'kicks the can' down the road by 4 months... Read More 

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Fingraphs: Japan - Abenomics 3 is only a matter of time

by Jean-Francois Owczarczak

All eyes on Europe this week with the GREXIT bluffing drama reaching a climax. More generally, Europe has been in the limelight since the beginning of the year: GREXIT, ECB Bond purchases, war in Ukraine, SNB’s surprise announcement... Read More 

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Martha Stokes: Entries and Exits

by Martha Stokes

Western Candlestick Patterns Retail technical traders often struggle with determining when and how to enter a stock, how long to hold the stock, how to determine the gain potential, and when and how to exit a stock... Read More 

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Tom McClellan: Architecture Billings Index Flashes Warning

by Tom McClellan

The latest news from the American Institute of Architects (AIA) has some economists alarmed, because it shows a potential shrinkage in housing related activity... Read More 

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Tim Ord- The Ord Oracle- February 18, 2015

by Tim Ord

Monitoring purposes SPX: Long SPX on 2/3/15 at 2050.03. Monitoring purposes GOLD: Gold ETF GLD long at 173.59 on 9/21/11 Long Term Trend monitor purposes: Flat Timers Digest recorded the Ord Oracle #6 in performance for 3 months updated February 13, 2015... Read More 

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Gene Inger: The Inger Letter - February 17, 2015

by Gene Inger

Inquiring minds - in the days ahead, might start to wander away from what has been 'roses for bulls' and 'thorns for bears' ahead of Valentine's Day, instead contemplate why a quick run-up to new highs. (Details are mostly reserved... Read More 

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Martha Stokes: Compression Pattern Indicator Analysis

by Martha Stokes

Quantity Indicators Allow For Early Entry All indicators have limitations, market conditions where the indicator fails or does not provide a true positive or negative pattern, or simply is unable to keep up with the speed of momentum price or volume activity... Read More 

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Fingraphs: Confirming the upside break-out

by Jean-Francois Owczarczak

In our late December year end review, we gave the current cyclical upturn the benefit of the doubt... Read More 

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Tom McClellan: Crude Oil Leads the Euro

by Tom McClellan

There is information about the future of the euro, and it is hidden in plain sight, right in the chart of crude oil prices. This week’s chart reveals that relationship, which is yet another example in a long series of what I call “liquidity wave” relationships... Read More 

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Tim Ord: The Ord Oracle - February 12, 2015

by Tim Ord

Monitoring purposes SPX: Long SPX on 2/3/15 at 2050.03. Monitoring purposes GOLD: Gold ETF GLD long at 173... Read More 

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Gene Inger: The Inger Letter - Feb 9, 2015

by Gene Inger

Market vulnerability - is actually elevated by virtue of not only higher levels (a further divorce from reality); by a renewal of overbought technical aspects; by a paucity of favorable earnings or 'policy' pronouncements ahead; but also by increased realization monetary policy i... Read More 

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W.H.C Basetti - Mongoose and Cobra

by W.H.C. Bassetti

The top chart, as is obvious, is the present state of the naked mud wrestling contest. Close your eyes and throw a dart, because there is no winning a contest of this sort -- except by not participating. It does show the stops -- ignore them at your peril... Read More 

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Fingraphs: How to deal with countertrends

by Jean-Francois Owczarczak

After many months of low activity, markets finally got going mid last year. Was it the anticipation of an end to US QE, war in Ukraine, the Saudis dumping oil, Abenomics, the SNB’s surprise move, GREXIT or anticipation of ECB’s own QE? It was probably a bit of all... Read More 

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Martha Stokes: Negative Divergences

by Martha Stokes

Shrinking Candlesticks and Falling Volume One of the more important Spatial Pattern Recognition Skills™ that technical traders need to be able to quickly identify, especially during a sideways price action is the negative divergence between Price and Volume... Read More 

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Tom McClellan: Pessimism Evident in QQQ Shares Outstanding

by Tom McClellan

QQQ is the ETF which tracks the Nasdaq 100 Index, and even though that index is only down 2.7% from its recent multi-year high, investors have been fleeing out of QQQ for the past few months... Read More 

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Tim Ord: The Ord Oracle - February 5, 2015

by Tim Ord

Monitoring purposes SPX: Long SPX on 2/3/15 at 2050.03. Monitoring purposes GOLD: Gold ETF GLD long at 173... Read More 

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Alan Newman: Crosscurrents - February 4, 2015

by Alan Newman

Rationales & Targets The most distressing development since our last issue was seeing major banks take out their December lows with a vast amount of room to spare... Read More 

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Jack Steiman: Reversal Up At the Dow 200's

by Jack Steiman

The market tried higher in the morning on Monday only to see the rally sell off quite fast. The usual market swings took place for the rest of the day until about 45 minutes left in the session. From there the daily index charts all put in bottoming candles... Read More 

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Gene Inger: The Inger Letter - February 3, 2015

by Gene Inger

The January 'barometer' - worked-out exactly as we projected; defying the historical rationale about years ending in 5; or post-midterm years. What for sure we mentioned others didn't, was that you 'never' had this many years of upward action, where the next year was also up... Read More