Top Advisors Corner

February 2017

Top Advisors Corner

Alan Newman: Crosscurrents February 28, 2017

by Alan Newman

Rationales & Targets British economist John Maynard Keynes coined quite a few memorable phrases in his illustrious career, including “The market can stay irrational longer than you can stay solvent,” the principal reason we have not been willing to short as prices have risen to r... Read More 

Top Advisors Corner

Tom McClellan: Crude Oil Foretold the Trump Rally 10 Years Ago

by Tom McClellan

February 23, 2017 President Trump is being given credit for the post-election rally, based on analysts’ understandings of investors’ assumptions about what potential policy changes might mean. And someday, I am pretty sure Mr... Read More 

Top Advisors Corner

Mary Ellen McGonagle: Energy Stocks in Downtrend While Crude Hits New High and the Utility Sector Turns Positive in a Bull Market

by Mary Ellen McGonagle

Energy Stocks in Downtrend While Crude Hits New High and the Utility Sector Turns Positive in a Bull Market……Unusual Sector Moves and How to Play Them. For the most part, the markets tend to act in a fairly predictable way... Read More 

Top Advisors Corner

Tim Ord: The Ord Oracle February 22, 2017

by Tim Ord

SPX Monitoring purposes; Covered short SPX 1/31/17 at 2278.87 =.09% gain; Short on 1/30/17 at 2280.90 Monitoring purposes GOLD: Long GDX on 12/28/16 at 20.25. Long Term Trend monitor purposes: Short SPX on 1/13/16 at 1890... Read More 

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Tom McClellan: VIX Futures Traders Finally Getting Complacent

by Tom McClellan

The recent story about low readings for the spot VIX Index is well-reported. What has escaped the attention of many is that prices are now finally coming down for VIX futures at the long end of the maturity spectrum... Read More 

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Mary Ellen McGonagle: Important Tools to Help Navigate These Politicized Markets

by Mary Ellen McGonagle

As investors, it’s easy to get caught up in headline-driven swings that the markets can deliver. Trump’s recent election has brought us a particularly charged environment with real and proposed policy changes pushing various sectors in both directions... Read More 

Top Advisors Corner

Tom McClellan: Low QQQ Volume a sign of a Top

by Tom McClellan

When investors get complacent, they do certain things. They show up as bullish in the various surveys. They bid tiny premiums on options, driving down the VIX. They put all of their cash to work, letting money market fund levels get down really low... Read More 

Top Advisors Corner

Tim Ord: The Ord Oracle February 8, 2017

by Tim Ord

SPX Monitoring purposes; Covered short SPX 1/31/17 at 2278.87 =.09% gain; Short on 1/30/17 at 2280.90 Monitoring purposes GOLD: Long GDX on 12/28/16 at 20.25. Long Term Trend monitor purposes: Short SPX on 1/13/16 at 1890.28 Equity Put/Call ratio (CPCE) closed yesterday at .75... Read More 

Top Advisors Corner

Tom McClellan: A-D Line New High

by Tom McClellan

When the NYSE’s A-D Line hits a new high, it conveys a clear message that liquidity is plentiful. The market might encounter other types of problems, such as investors’ emotions suddenly swinging, or a big news event rocking the market... Read More