Top Advisors Corner January 30, 2018 at 12:25 PM
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 January 29, 2018 at 09:35 AM
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 January 25, 2018 at 12:10 PM
Bitcoin and the other cryptocurrencies have captured the hearts of millennial speculators around the world... Read More
Top Advisors Corner January 24, 2018 at 12:15 PM
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 January 19, 2018 at 02:00 PM
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 January 17, 2018 at 02:00 PM
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 January 17, 2018 at 01:30 PM
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
Top Advisors Corner January 12, 2018 at 05:15 PM
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
Top Advisors Corner January 12, 2018 at 09:55 AM
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 January 05, 2018 at 10:06 AM
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 January 03, 2018 at 10:55 AM
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
