Top Advisors Corner

January 2019

Top Advisors Corner

Tom McClellan: As Goes January...? Really?

by Tom McClellan

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 

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Tim Ord: The Ord Oracle January 29, 2019

by Tim Ord

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 

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W.H.C. Bassetti: Still damned if you do, damned...

by W.H.C. Bassetti

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 

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Tom McClellan: Junk Bond Strength is Bullish For Stocks

by Tom McClellan

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 

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Tim Ord: The Ord Oracle January 22, 2019

by Tim Ord

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 

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W.H.C. Bassetti: The present state of the market...

by W.H.C. Bassetti

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 

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Tom McClellan: Countertrend Rally or New Uptrend? RASI Holds The Key

by Tom McClellan

“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 

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Tim Ord: The Ord Oracle January 15, 2019

by Tim Ord

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 

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Gene Inger: The Inger Letter (highlights) - January 14, 2019

by Gene Inger

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 

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Tom McClellan: Crude Oil Leads Bond Yields

by Tom McClellan

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 

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Tim Ord: The Ord Oracle January 8, 2019

by Tim Ord

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 

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W.H.C. Bassetti: Safe to go in the water? With a toe maybe...

by W.H.C. Bassetti

http://schrts... Read More 

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Mark Young: Wall Street Sentiment -- Bear Market Low?

by Mark Young

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 

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Tom McClellan: Santa Claus' Report Card Is In

by Tom McClellan

“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 

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W.H.C. Bassetti: The ominous...

by W.H.C. Bassetti

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 

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Tim Ord: The Ord Oracle December 31, 2018

by Tim Ord

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