Top Advisors Corner

January 2018

Top Advisors Corner

David Keller: The Case for Bearish Engulfing Patterns

by David Keller

For long-term investors, candle patterns can provide an early warning sign that a trend change is afoot. So when I noticed a proliferation of bearish engulfing patterns on the stockcharts... Read More 

Top Advisors Corner

Scott Carney: Introducing the XABCD Harmonic Pattern Tool for StockCharts

by Scott Carney

After a great session this week with Tom and Erin of the StockCharts MarketWatchers program, I am happy to follow up with my first blog article to introduce the XABCD measurement tool we discussed during the program... Read More 

Top Advisors Corner

Tom McClellan: Finally, An Actual Use For Bitcoin

by Tom McClellan

Bitcoin and the other cryptocurrencies have captured the hearts of millennial speculators around the world... Read More 

Top Advisors Corner

Tim Ord: The Ord Oracle January 24, 2018

by Tim Ord

SPX Monitoring purposes; Long on 1/23/18 & 2839.13. Monitoring purposes GOLD: Neutral. Long Term Trend monitor purposes: Neutral. Momentum is the name of the game. Momentum weakens first before a high in the market. See red squares on chart above... Read More 

Top Advisors Corner

Tom McClellan: Ending How It Began (Parabolically)?

by Tom McClellan

There is a lot of talk lately about the market “going parabolic”. Most of the time when that term is used, people are thinking about prices swooping upward like the main cable on a suspension bridge, with each additional lateral increment seeing increasing vertical increments... Read More 

Top Advisors Corner

David Keller: Concerned About Commodities

by David Keller

Commodities as an asset class have been on an exceptional run for the last seven months. However, a series of signals suggest potential short-term weakness for commodities as well as the Energy sector... Read More 

Top Advisors Corner

Tim Ord: The Ord Oracle January 17, 2018

by Tim Ord

SPX Monitoring purposes; Sold long SPX 1/10/18 at 2748.22=gain 2.45%. Long on 12/27/17 & 2682.62. Monitoring purposes GOLD: Long GDX on 1/12/18 at 24.01 Long Term Trend monitor purposes: Neutral. Above is the SPY chart going back 1 ½ years with its RSI... Read More 

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Mary Ellen McGonagle: Biotech Stocks Are Heating Up Again - How To Play The Move When The Fundamentals Aren't There

by Mary Ellen McGonagle

It’s been quite an explosive start to the New Year with a broad-based rally that has close to 200 stocks in the U.S. markets up 10% or more so far after only 8 days of trading... Read More 

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Tom McClellan: The Chart That Worries Me: HY Bond A-D Line

by Tom McClellan

There is no divergence yet between stock indices and the NYSE’s composite A-D Line. But there is one in the High Yield Bonds A-D Line, and that is an early warning of big trouble to come... Read More 

Top Advisors Corner

Tom McClellan: Gold in Euros Not Confirming

by Tom McClellan

Since bottoming on Dec. 12, gold has had an impressive run higher, closing up on 13 out of the past 14 trading days. Or at least that’s true for gold prices measured in dollars... Read More 

Top Advisors Corner

Tim Ord: The Ord Oracle January 3, 3018

by Tim Ord

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. Last Thursday’s report we said. “Tuesday the Tick closed at -216 and yesterday the TRIN closed at 1... Read More