Top Advisors Corner

September 2015

Top Advisors Corner

Jack Steiman: Closing the Books on September...Pessimism Extreme...Testing Weekly Support Lines...

by Jack Steiman

I thought, based on the markets behavior ending last Friday, that we'd see a bull bear spread on the Investors Intelligence survey of around minus -7% today when the new number was released. I wasn't pessimistic enough apparently as the number came in at -10.4%... Read More 

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Tim Ord: The Ord Oracle September 30, 2015

by Tim Ord

Monitoring purposes SPX: long SPX on 9/22/15 at 1942.74. Monitoring purposes GOLD: Flat Long Term Trend monitor purposes: Flat The bottom window in the above chart is the SPY/TRIN ratio which helps to gauge the panic in the TRIN compared to the price of the SPY... Read More 

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Gene Inger: The Inger Letter September 28, 2015

by Gene Inger

'Denial' is not a river in Egypt - as market price behavior has affirmed over at least a few months now... Read More 

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Tom McClellan: Bund Spread Gives Permission for Bear Market

by Tom McClellan

In an April 2014 Chart In Focus article, I noted how the yield spread between 10-year German government bonds and the equivalent U.S. government bonds was saying that the bull market could not yet be over... Read More 

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Tim Ord: The Ord Oracle September 24, 2015

by Tim Ord

Monitoring purposes SPX: long SPX on 9/22/15 at 1942.74. Monitoring purposes GOLD: Flat Long Term Trend monitor purposes: Flat Today the 5 day average of the TRIN closed at 1.80. The bottom window in the chart above is the 5 day average of the TRIN going back 10 months... Read More 

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Gene Inger: The Inger Letter September 18, 2015

by Gene Inger

Monetary policy slowing 'crushing' - private sector economic recovery, was one reason to have preferred a Fed 'hike'. Behind the scenes Fed folks likely 'get' how they overstayed an excessively easy 'emergency' policy posture... Read More 

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Tom McClellan: Misplaced Optimism on Housing

by Tom McClellan

Recent data from the American Institute of Architects (AIA) shows that there is some gathering optimism about the future prospects for the housing and construction areas of the U.S. economy... Read More 

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Tim Ord: The Ord Oracle September 16, 2015

by Tim Ord

Monitoring purposes SPX: long SPX on 8/21/15 at 1970.89. Monitoring purposes GOLD: Flat Long Term Trend monitor purposes: Flat The pattern forming appears to be a bearish “Rising Wedge”... Read More 

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Jack Steiman: Waiting On The Fed...What The Market Likely Wants...Weeklies Unwind...Big Picture Outlook...

by Jack Steiman

The market seems to have found some stability after the bug push lower that saw the market flash crash one day and even though it recovered some, saw some real technical damage once the heavy selling episode was over... Read More 

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Tom McClellan: VIX Above All of Its Futures Contracts

by Tom McClellan

The August 2015 minicrash caused the spot VIX Index to move up above the price level of all of its futures contracts, which currently extend out to May 2016... Read More 

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Martha Stokes: Market Correction

by Martha Stokes

How to Know when It Is Over Often times Technical and Retail Traders jump back into buying stocks before a Market Correction has ended. Sometimes this is a “Buy-on-the-Dip” strategy that backfires as the market opens up, then sells down the remainder of the day... Read More 

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Tim Ord: The Ord Oracle September 9, 2015

by Tim Ord

Monitoring purposes SPX: long SPX on 8/21/15 at 1970.89. Monitoring purposes GOLD: Flat Long Term Trend monitor purposes: Flat Friday’s short term report, noted that there was a possibility that the September 1 low may be tested... Read More 

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Tom McClellan: DJIA's Proportional Price Oscillator

by Tom McClellan

When my parents, Sherman and Marian McClellan, first came up with the math for the McClellan Oscillator in 1969, they were applying it to the daily difference between Advances and Declines (A-D)... Read More 

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Martha Stokes: Bollinger Bands %B & Volume Oscillator - A Leading Indicator Combination

by Martha Stokes

How to Use Bollinger Bands with Quantity Indicators Bollinger Bands are an outstanding indicator for analyzing sideways patterns... Read More 

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Gene Inger: The Inger Letter- September 4, 2015

by Gene Inger

Gene Inger's Daily Briefing (highlights)- for Friday, September 4, 2015 Thanks to ECB 'puffery' - about more potential Quantitative Easing; markets in Europe, and initially (if illogically) for the US, ran up in a swift sharp move in today's (Thursday) trading... Read More 

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Tim Ord: The Ord Oracle September 3, 2015

by Tim Ord

Monitoring purposes SPX: long SPX on 8/21/15 at 1970.89. Monitoring purposes GOLD: Flat Long Term Trend monitor purposes: Flat Above is the chart that was posted on the July 28 report... Read More 

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Alan Newman: Crosscurrents - September 1, 2015

by Alan Newman

Rationales & Targets While the bear camp has indeed expanded in recent weeks, the shift in bias has been quite modest and there seemed to be precious little in the way of actual capitulation on the trading floor, thus we must presume this is only the first leg down of a much larg... Read More