Top Advisors Corner

October 2016

Top Advisors Corner

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Mary Ellen McGonagle: Looking For Bright Spots in a Bleak Market

by Mary Ellen McGonagle

With six of the nine S&P Sectors trading below key support, it’s easy to be concerned about the near term prospects for the markets... Read More 

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Tom McClellan: Gold's 13-1/2 Month Cycle Low

by Tom McClellan

Gold was supposed to see a 13-1/2 month cycle low ideally due in October 2016, and that low appears to have arrived right on schedule. In past cycles, the actual price low can arrive +/- a month from the ideal date, and still be considered to be “on time”... Read More 

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Tom McClellan: The Post-Election Stock Market

by Tom McClellan

While the upcoming election is holding everyone’s attention, it is appropriate to look at what might lie beyond... Read More 

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Mary Ellen McGonagle: TWO STOCKS THAT SHOULD BENEFIT MOST FROM RECENT STRENGTH IN RETAIL SALES.

by Mary Ellen McGonagle

It’s been a tough year for Retail stocks as consumers continue to shift their spending habits. (see Retail ETF below)... Read More 

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Tim Ord: The Ord Oracle October 14, 2016

by Tim Ord

Monitoring purposes SPX: Short SPX on 10/5/16 at 2159.73. Monitoring purposes GOLD: Covered Short GDX on 10/6/16 at 22.88= gain 17.5%; Short GDX on 9/22/16 at 27.75. Long Term Trend monitor purposes: Short SPX on 1/13/16 at 1890... Read More 

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Gene Inger: The Inger Letter October 14, 2016

by Gene Inger

Propelled higher by Oil and Dollar strength - Monday's stock market thrust higher, though it wasn't reflecting the dogfight that followed testy positions taken by not just the candidates, but within the 'Parties'... Read More 

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Tom McClellan: Big Drops Do Not Mark Final Gold Bottoms

by Tom McClellan

Gold saw a huge 1-day drop on Tuesday, Oct. 4, triggering all sorts of rumors about a big fund having to liquidate, or maybe it was worries about ECB tapering. Whatever the cause eventually turns out to have been, the size of that drop by itself conveys important information... Read More