Top Advisors Corner

October 2018

Top Advisors Corner

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W.H.C. Bassetti: The Long View of the Market with Basing Point Stops...

by W.H.C. Bassetti

This chart clearly shows the break of the 2016 trend line. Below we will examine the placement of long term Basing Point stops. http://schrts.co/tfJisN It is always wise to know where the long term stops (calculated from Basing Points) are located... Read More 

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Tom McClellan: AAPL Still Following Its Quarterly Pattern

by Tom McClellan

We are in a time when “normal” relationships are not working, and when any slight hint of misperformance is getting punished. So it is fascinating to see that AAPL’s normal quarterly price behavior pattern is still “working,” something I discussed here back in August... Read More 

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W.H.C. Bassetti: Gamma wave -- or Alpha Wave???

by W.H.C. Bassetti

http://schrts.com/QNzSzd Readers might think we are in the gamma wave from our immediate past comments. That could be a bad mistake. Note that the market is resting right on a trendline from February and is solidly under the 50 and 200 day moving averages... Read More 

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Tom McClellan: NDX Stocks Showing the Oversold Condition

by Tom McClellan

The bearish seasonality of July to October got put off until the last minute, and now the stock market has tried to do 4 months’ worth of work in just a couple of weeks... Read More 

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Tim Ord: The Ord Oracle October 24th, 2018

by Tim Ord

SPX Monitoring purposes; Long SPX on 10/22/18 at 2755.88. Monitoring purposes GOLD: Long GDX at 18.72 on 8/17/18 Long Term Trend SPX monitor purposes; Long SPX on 10-19-18 at 2767... Read More 

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Mary Ellen McGonagle: Correction or Bear Market? Using Longer Term Charts With Certain Indicators Will Provide Insight and Perspective

by Mary Ellen McGonagle

It’s been a tough month for the markets with declines of over 6.5% for the S&P 500 and 8.3% for the Nasdaq. And based on the recent price action overall, the markets appear to be headed toward further downside over the near future... Read More 

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W.H.C. Bassetti: Time to wait...

by W.H.C. Bassetti

Editor's Note: This article was originally posted in Technical Analysis of Stock Trends on Monday, October 22nd at 1:18am ET. http://schrts... Read More 

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Tom McClellan: 4 Years Ago, and Again Today

by Tom McClellan

Four years ago, we had a remarkably similar market price action to this year’s. And that makes no fundamental sense, since all of the factors which should matter are different. Four years ago, the Fed was still doing QE3... Read More 

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Tim Ord: The Ord Oracle October 17, 2018

by Tim Ord

SPX Monitoring purposes; Neutral. Monitoring purposes GOLD: Long GDX at 18.72 on 8/17/18 Long Term Trend SPX monitor purposes; Covered short SPX on 10/10/18 at 2785.68= gain of 3.46%; Short long term on 10/5/18 at 2885.57... Read More 

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W.H.C. Bassetti: Alphabetagamma etcetc.

by W.H.C. Bassetti

Editor's Note: This article was originally posted in Technical Analysis of Stock Trends on Sunday, October 14th at 11:49pm ET. http://schrts.co/ReUYY8 This is not the aftermath of Hurricane Michael, but it is the aftermath of a hurricane -- Hurricane Trump. http://schrts... Read More 

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W.H.C. Bassetti: Black Wednesday...

by W.H.C. Bassetti

Editor's Note: This article was originally posted in Technical Analysis of Stock Trends on Thursday, October 11th at 1:23am ET. Is any commentary needed? The crack we commented on several days ago grew into a chasm--today 831.83 points, 3.15%... Read More 

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Tim Ord: The Ord Oracle October 10, 2018

by Tim Ord

SPX Monitoring purposes; Neutral. Monitoring purposes GOLD: Long GDX at 18.72 on 8/17/18 Long Term Trend SPX monitor purposes; Short SPX on 10/5/18 at 2885.57. The top window is the NYSE McClellan Oscillator... Read More 

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Tom McClellan: A-D Line Diverging

by Tom McClellan

We are now in the period of bullish seasonality. And we are just about to enter the bullish 3rd year of the current presidential term. So all signs should be starting to point upward now, after the normal weakness of a presidential term’s 2nd year... Read More 

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Tim Ord: The Ord Oracle October 3, 2018

by Tim Ord

SPX Monitoring purposes; Long SPX on 9/27/18 at 2914. Monitoring purposes GOLD: Long GDX at 18.72 on 8/17/18 Long Term Trend SPX monitor purposes; Sold long term SPX 7/16/18 at 2798.43= gain 2.95%; Long 6/29/18 at 2718.37. The chart above shows the new lows for the NYSE... Read More