Top Advisors Corner December 29, 2017 at 01:01 PM
We are now entering the upward phase of gold’s 8-year cycle, and that should bring some fun gains. And this comes at a time when gold has not been getting much of investors’ attention... Read More
Top Advisors Corner December 28, 2017 at 01:11 PM
SPX Monitoring purposes; Long SPX on 12/27/17 at 2682.62. Monitoring purposes GOLD: Long GDX on 12/20/17 at 22.49 Long Term Trend monitor purposes: Neutral. Yesterday the Tick closed at -216 and today the TRIN closed at 1.42 and a short term bullish combination... Read More
Top Advisors Corner December 21, 2017 at 02:00 PM
December 20, 2017 The folks at the American Institute of Architects, www.aia.org, publish an interesting set of data each month, collectively known as the Architecture Billing Index, or ABI... Read More
Top Advisors Corner December 20, 2017 at 02:00 PM
SPX Monitoring purposes; Sold long 12/11/17 at 2659.99 = gain 1.17%; Long SPX on 12-6-17 at 2629.27. Monitoring purposes GOLD: Covered short GDX 12/12/17 at 21.40=gain 5.14%; Short GDX on 11/13/17 at 22.56 Long Term Trend monitor purposes: Neutral... Read More
Top Advisors Corner December 15, 2017 at 10:18 AM
There is a strong positive feedback mechanism involving consumer sentiment and the economy. As conditions get better, people get more confident, which causes them to spend more, so companies hire more, which makes people more confident…... Read More
Top Advisors Corner December 13, 2017 at 12:42 PM
SPX Monitoring purposes; Sold long 12/11/17 at 2659.99 = gain 1.17%; Long SPX on 12-6-17 at 2629.27. Monitoring purposes GOLD: Covered short GDX 12/12/17 at 21.40=gain 5.14%; Short GDX on 11/13/17 at 22.56 Long Term Trend monitor purposes: Neutral... Read More
Top Advisors Corner December 08, 2017 at 11:26 AM
I like it best when all of my indicators agree, but I don’t get to enjoy that condition very often. This week, I have conflicting signs for the future of crude oil. The chart above shows gold’s leading indication for crude oil prices... Read More
Top Advisors Corner December 06, 2017 at 11:23 AM
SPX Monitoring purposes; Neutral Monitoring purposes GOLD: Short GDX on 11/13/17 at 22.56 Long Term Trend monitor purposes: Neutral. Last Friday had a big jump in Volume suggesting “Selling Climax”... Read More
Top Advisors Corner December 05, 2017 at 10:58 AM
I have always been entertained when stocks find support and resistance at big round numbers. I’m not the only one to have noticed this phenomenon, as you can see from articles by stockcharts.com writers Arthur Hill and Greg Schnell... Read More
Top Advisors Corner December 01, 2017 at 12:30 PM
The high volume seen in QQQ on a recent selloff was a signal that short term bearish sentiment had gotten overdone. The tech selloff on Nov. 29, 2017 was a peculiar one, as it was not echoed elsewhere in the market... Read More
