Top Advisors Corner July 31, 2015 at 08:12 AM
A commentator on CNBC recently stated that former Fed Chairman Paul Volcker is “revered” in the bond market for having slayed the inflation dragon... Read More
Top Advisors Corner July 30, 2015 at 10:03 AM
If you take the time to study the weekly charts you'll see that many of them have unwound those overbought oscillators quite a bit while price held critical support. The SP 500 has really unwound quite a bit and that's good news for the bulls... Read More
Top Advisors Corner July 29, 2015 at 10:35 AM
Monitoring purposes SPX: Sold long SPX on 7/16/15 at 2124.29= gain 1.05%. Long SPX on 6/25/15 at 2102.31. Monitoring purposes GOLD: Flat Long Term Trend monitor purposes: Flat Chart above is the daily NYSE composite... Read More
Top Advisors Corner July 29, 2015 at 10:29 AM
An interesting test inadvertently occurred - with implications that go well beyond the economic and market conditions in China... Read More
Top Advisors Corner July 29, 2015 at 10:20 AM
The big picture: US GDP data have ticked up and markets remain in shallow up-trends. We remain bullish though market internals have weakened due to choppy trading in narrow price ranges... Read More
Top Advisors Corner July 27, 2015 at 01:07 PM
List of Differences Between Upside & Downside Candlesticks During an Intermediate Term Correction caused by several major industries in an industry cycle bear market, momentum sell down runs can be a lucrative trading method for Swing, Day, and Momentum traders who know how to Se... Read More
Top Advisors Corner July 24, 2015 at 03:00 PM
Last night we saw a strong move higher out of Amzn, everyone's favorite all time froth stock. They reported earnings. Yes, it can happen. The stock blasted higher and so did the futures but that wasn't the only reason the stock futures shot up... Read More
Top Advisors Corner July 24, 2015 at 12:40 PM
The Summation Index was invented by my parents back in 1969, as a companion to the McClellan Oscillator. But it was in more recent years that we refined our understanding of the importance of the Summation Index in revealing what lies ahead for the stock market... Read More
Top Advisors Corner July 23, 2015 at 12:35 PM
Monitoring purposes SPX: Sold long SPX on 7/16/15 at 2124.29= gain 1.05%. Long SPX on 6/25/15 at 2102.31... Read More
Top Advisors Corner July 20, 2015 at 12:42 PM
We have to thank Chip Anderson for giving us a unique opportunity to compare a discretionary style to a systematic approach using Indian stock indexes. Vipul Ramaiya now has a column analysing India, which uses a discretionary approach, where the rules are ‘soft-coded’... Read More
Top Advisors Corner July 17, 2015 at 01:39 PM
I like to tell my newsletter readers that if you want to look at a chart of gold prices to get a good technical perspective, then look at gold as priced in euros, rather than in dollars... Read More
Top Advisors Corner July 17, 2015 at 10:55 AM
New Topping Formations List and New Entry & Exits Selling short is a trading style few retail and technical traders use even during major Bear Markets... Read More
Top Advisors Corner July 16, 2015 at 01:30 PM
The Cocoa ETN (NIB) is the strongest commodity ETN, as cocoa responds to a stronger British Pound Sterling. A review the trend strength of other commodity ETFs/ETNs and explain their performance by assessing trend strength of the related futures markets... Read More
Top Advisors Corner July 15, 2015 at 05:36 PM
Monitoring purposes SPX: Long SPX on 6/25/15 at 2102.31. Monitoring purposes GOLD: Flat Long Term Trend monitor purposes: Flat The middle window in the chart above is the CBOE put volume/CBOE call volume. The CBOE put/call volume ratio becomes extreme when it reaches above 1... Read More
Top Advisors Corner July 13, 2015 at 12:18 PM
A tough week for the bulls Monday through Thursday. Some really bearish candles printed, especially yesterday with a big reversal lower after a huge gap up. Today looked as if it would be the day the market finally gave up Sp 2040 with some force... Read More
Top Advisors Corner July 12, 2015 at 10:04 AM
Editor's Note: We are thrilled to welcome Tushar Chande to our list of market commentators here at StockCharts.com. Dr. Chande is a noted author and has invented several of the technical indicators we offer here. He is also a frequent contributor to Stocks & Commodities magazine... Read More
Top Advisors Corner July 10, 2015 at 12:45 PM
'Brinksmanship' - pretty accurately describes where many markets and crisis stand ahead of the weekend... Read More
Top Advisors Corner July 09, 2015 at 12:35 PM
Monitoring purposes SPX: Long SPX on 6/25/15 at 2102.31. Monitoring purposes GOLD: Flat Long Term Trend monitor purposes: Flat Above is a longer term view of the market... Read More
Top Advisors Corner July 07, 2015 at 12:20 PM
Crude oil prices had been hovering around the $60/barrel level since late April 2015, seemingly held at a quiet hover. But it has just recently broken its hold on that price level, with a move downward that has been attributed to the economic uncertainty in Greece... Read More
Top Advisors Corner July 06, 2015 at 01:55 PM
Fireworks or a Pandora's Box - of troubles, which shall it be? Both are likely the way things are shaping up... Read More
Top Advisors Corner July 02, 2015 at 01:53 PM
When the situation in Greece came to a head over the past weekend, traders responded with one of the biggest one-day selloffs we have seen in recent months... Read More
Top Advisors Corner July 02, 2015 at 12:51 PM
How to Identify Support Levels The Rounding Top Candlestick Pattern used to be a rare topping pattern, however in the last few years this type of top is the most commonly missed topping formation... Read More
Top Advisors Corner July 02, 2015 at 12:45 PM
Monitoring purposes SPX: Long SPX on 6/25/15 at 2102.31. Monitoring purposes GOLD: Flat Long Term Trend monitor purposes: Flat We do a lot of work with the TRIN and Ticks... Read More
Top Advisors Corner July 02, 2015 at 12:38 PM
As we look towards the 2nd half of 2015 the market continues to be choppy with our major Indices pivoting on the day to day news out of Greece. The Dow and SP 500 closed out the 1st half of the year little changed and we continue to hold in 7 Month basing patterns... Read More