Top Advisors Corner

April 2017

Top Advisors Corner

Tom McClellan: High-Yield Bond A-D Line

by Tom McClellan

Junk bonds are the canaries in the stock market’s coal mine. If you want to know ahead of time that trouble is coming for the stock market, then one of the best places to look is the high-yield (or junk) bond market... Read More 

Top Advisors Corner

Tim Ord: The Ord Oracle April 26, 2017

by Tim Ord

SPX Monitoring purposes; Long SPX on 4/24/17 & 2374.15. Monitoring purposes GOLD: Neutral Long Term Trend monitor purposes: Neutral. How the March 1 high is tested will tell a lot about the strength of the market... Read More 

Top Advisors Corner

Tom McClellan: Is Iron Ore Weighing Down Stock Market?

by Tom McClellan

Some U.S. stock market investors are getting worried about the price of iron ore in China. This week’s chart helps to show why... Read More 

Top Advisors Corner

Tim Ord: The Ord Oracle April 19, 2017

by Tim Ord

SPX Monitoring purposes; Long SPX on 4/12/17 at 2344.93. Monitoring purposes GOLD: Sold GDX 4/18/17 at 24.27 near break even; Long GDX on 4/13/17 at 24.54. Long Term Trend monitor purposes: Neutral. This week is option expiration week which normally has a bullish bias... Read More 

Top Advisors Corner

Tom McClellan: Gold Resolves Some Bearish Divergences

by Tom McClellan

A week ago, it was not looking good for the gold bulls. The dollar price of gold had not yet made a higher high, even though the Japanese yen had already pushed to a higher high. When divergences like that happen, it is typically bearish news for both gold and the yen... Read More 

Top Advisors Corner

Tim Ord: The Ord Oracle April 12, 2017

by Tim Ord

SPX Monitoring purposes; Sold 4/5/17 at 2352.95= .4% gain; Long SPX on 3/24/17 at 2343.98. Monitoring purposes GOLD: Sold GDX at 24.33 on 2/22/07 = gain 20.15%; Long GDX on 12/28/16 at 20.25. Long Term Trend monitor purposes: Neutral... Read More 

Top Advisors Corner

Mary Ellen McGonagle: India's Proposal and Then Implementation of "Trump-Like" Policies Appears Close to Taking Hold.

by Mary Ellen McGonagle

It was with great fanfare that Narendra Modi was elected in May of 2014 as the Prime Minister of India... Read More 

Top Advisors Corner

Tom McClellan: AAII Survey Readings Nearing A Bottom Indication

by Tom McClellan

The bullish percentage in the AAII survey has been falling during 2017, and is getting close to a low enough reading to mark a good bottoming indication for prices. That fits well with my expectation from other sources for a low this month... Read More 

Top Advisors Corner

Tim Ord: The Ord Oracle April 5, 2017

by Tim Ord

SPX Monitoring purposes; Long SPX on 3/24/17 at 2343.98. Monitoring purposes GOLD: Sold GDX at 24.33 on 2/22/07 = gain 20.15%; Long GDX on 12/28/16 at 20.25. Long Term Trend monitor purposes: Neutral... Read More 

Top Advisors Corner

Tom McClellan: Lumber and Eurodollars: A Curious Intermarket Relationship

by Tom McClellan

Intermarket relationships are fun. They often reveal surprising relationships, and those relationships are all the more fun when they offer us insights from which we can make money... Read More