Top Advisors Corner

September 2017

Top Advisors Corner

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Tom McClellan: Coppock Curve for DJIA Getting Up to High Level

by Tom McClellan

Years ago, a technical analyst and money manager named E.S.C. (Sedge) Coppock created an indicator that has since come to be known as the “Coppock Curve”. Coppock never called it that himself, instead calling it his Very Long Term (VLT) Momentum Index... Read More 

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Mary Ellen McGonagle: FACEBOOK HAS HEMORRHAGE WITH WEDGE PATTERN - Will The Stock Make a Quick Recovery?

by Mary Ellen McGonagle

Facebook’s stock dropped sharply last Monday following news that Zuckerberg will be selling up to 75 million shares over the next 18 months. The 4... Read More 

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Tim Ord: The Ord Oracle September 27, 2017

by Tim Ord

SPX Monitoring purposes; Short SPX on 8/30/17 at 2457.59. Monitoring purposes GOLD: Neutral Long Term Trend monitor purposes: Neutral. The pattern forming on the hourly chart appears to be a Head and Shoulders top where the Head is last Monday, Tuesday and Wednesday trading... Read More 

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Tom McClellan: XIV Volume Showing Sign of a Price Top

by Tom McClellan

The short VIX trade has been described recently as “the most crowded trade” out there. But traders of XIV, an inverse VIX ETN, have not been all that excited about it lately, judging by the trading volume. And that says we have a topping condition for prices... Read More 

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David Keller: Revisiting Consumer Staples

by David Keller

Back in July, I wrote about the Consumer Staples sector rotating from the “Weakening” to the “Lagging” section of the RRG chart. I used this as an opportunity to find potential short candidates, looking for actionable breakdowns... Read More 

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Mark S. Young: Wall Street Sentiment-- To the Moon!!!

by Mark Young

In our last submission, we said that we had what we call a Borderline "Secret Hedge Fund" Buy and that any weakness at all would confirm a good buy... Read More 

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Tom McClellan: Silver COT: Commercials Betting Against Breakout

by Tom McClellan

September 13, 2017 The price of spot silver is trying really hard to break a long term downtrend line, which would arguably be a bullish development if the breakout succeeds... Read More 

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

by Tom McClellan

Gold has been pushing up to higher closing highs, which is getting the gold bugs all excited. But we are now late in the 13-1/2 month cycle that is dominant in gold prices, and so we should expect a drop into the major cycle low due at the end of 2017... Read More 

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Tim Ord: The Ord Oracle September 7, 2017

by Tim Ord

SPX Monitoring purposes; Short SPX on 8/30/17 at 2457.59. Monitoring purposes GOLD: Neutral Long Term Trend monitor purposes: Neutral. The top window is the 5 day average of the “Total Put/Call ratio”. Readings ... Read More 

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Tom McClellan: GLD Assets Spike Higher

by Tom McClellan

August 31, 2017 A late-August surge in gold prices has finally attracted traders back into SPDR Gold Shares (GLD), the largest of the gold bullion ETNs... Read More