Top Advisors Corner January 31, 2019 at 04:16 PM
The stock market’s relationship to its normal seasonality has gotten wacky lately. October to December is supposed to be an up period for stock prices, and instead we saw a very sharp correction... Read More
Top Advisors Corner January 30, 2019 at 09:37 AM
SPX Monitoring purposes; Neutral. Monitoring purposes GOLD: Long GDX on 1/29/19 at 21.96. Long Term Trend SPX monitor purposes; Long SPX on 10-19-18 at 2767.78 The top window in the chart above is the NYSE McClellan Summation index... Read More
Top Advisors Corner January 29, 2019 at 09:32 AM
http://schrts.co/tXAfNmEr As we wrote last week, we dipped a tiny toe into the market while repeating our mantra: if this doesn't work we'll run for it. Well, we ran for it. This in spite of technical tools which point to higher prices... Read More
Top Advisors Corner January 24, 2019 at 03:16 PM
High-yield bonds, or “junk” bonds, are corporate bonds, but they trade a lot more like the stock market than they do like T-Bonds... Read More
Top Advisors Corner January 23, 2019 at 12:34 PM
SPX Monitoring purposes; Neutral. Monitoring purposes GOLD: Sold 11/27/18 at 18.88=gain .075%; Long GDX at 18.72 on 8/17/18 Long Term Trend SPX monitor purposes; Long SPX on 10-19-18 at 2767.78There is a confluence of Fibonacci levels of 50% and 61... Read More
Top Advisors Corner January 19, 2019 at 06:31 PM
http://schrts.co/NZCENeFF It is interesting to note that during the recent sell-off prices did not take out the very strong and long P&F trend line. We won't go into the niceties of P&F charting except to say that trend lines have the same import as bar chart trend lines... Read More
Top Advisors Corner January 17, 2019 at 03:03 PM
“Gobs of breadth is a good thing.” That is one of my favorite sayings, and we seem to be getting it since the Dec. 24, 2018 bottom. When there are multiple days in a short period with really strong Advance-Decline (A-D) numbers, it is a sign of strong liquidity... Read More
Top Advisors Corner January 16, 2019 at 09:41 AM
SPX Monitoring purposes; Neutral. Monitoring purposes GOLD: sold 11/27/18 at 18.88=gain .075%; Long GDX at 18.72 on 8/17/18 Long Term Trend SPX monitor purposes; Long SPX on 10-19-18 at 2767.78 Equity Put/Call ratio closed Friday at ... Read More
Top Advisors Corner January 14, 2019 at 01:40 PM
Note: This sample of our work shares the current weekend report without, of course, the voice-over-chart video technical analysis and commentary. Just a few months ago, we limited distribution in fairness to actual subscribers... Read More
Top Advisors Corner January 10, 2019 at 09:43 AM
If you want to know what long-term bond yields are going to do, you don’t need some fancy econometric model that incorporates GDP growth, unemployment rates, factory utilization and all of the many other data series that economists watch... Read More
Top Advisors Corner January 09, 2019 at 09:21 AM
SPX Monitoring purposes; Long SPX on 10/22/18 at 2755.88. Monitoring purposes GOLD: sold 11/27/18 at 18.88=gain .075%; Long GDX at 18.72 on 8/17/18 Long Term Trend SPX monitor purposes; Long SPX on 10-19-18 at 2767.78 The bottom window is the five day average of the TRIN... Read More
Top Advisors Corner January 08, 2019 at 01:07 PM
http://schrts... Read More
Top Advisors Corner January 06, 2019 at 04:15 PM
In our last submission, we were firmly in the Bull camp as we were hammering out the late winter lows. Since then, we saw a dramatic rally and, over the past couple months, a painful decline. In fact, the decline took us into what we call a "Bear Market Condition... Read More
Top Advisors Corner January 04, 2019 at 10:03 AM
“If Santa Claus should fail to call, the bears may come to Broad and Wall.” That’s the old saying in the financial markets, referring to the “Santa Claus Rally” period, which consists of the last 5 trading days of the year plus the first two of the next year... Read More
Top Advisors Corner January 04, 2019 at 09:52 AM
http://schrts.co/iofWKS This is ten years of the market in weekly bars. A year ago at an AAPTA meeting, we told professional technical analysts that we wouldn't have a bear market until the long term trend line was broken... Read More
Top Advisors Corner January 02, 2019 at 09:31 AM
SPX Monitoring purposes; Long SPX on 10/22/18 at 2755.88. Monitoring purposes GOLD: sold 11/27/18 at 18.88=gain .075%; Long GDX at 18.72 on 8/17/18 Long Term Trend SPX monitor purposes; Long SPX on 10-19-18 at 2767.78 Seasonality is bullish into Thursday (Santa Claus rally)... Read More
