Top Advisors Corner

February 2020

Top Advisors Corner

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Wall Street Sentiment - Bullish with Caveat

by Mark Young

In our last submission, I said that we had to be generally constructive barring something major happening, which led me to my caveat: while the technicals were fine and so was the sentiment, we felt that international events could swamp both the economy and the stock market... Read More 

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Track (pun intended) Transportation Sector's 200-WMA

by Mish Schneider

Although the Transportation IYT was not the first one to show signs of weakness long before the recent crash, this sector has broken down hard. (The distinction of the first sector to tell us something was amiss goes to our Prodigal Son Regional Banks KRE... Read More 

Top Advisors Corner

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Playing the Potential Retest

by Aleksandar Bozic

Hello fellow StockCharts users! My name is Aleksandar Bozic I'm the newest contributor for the Top Advisors Corner blog. I have a passion for technical analysis and, more specifically, "breakouts... Read More 

Top Advisors Corner

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Brick and Mortar Retail Has Its Own Virus

by Mish Schneider

As you will see when you check out the chart of Granny Retail, she has had a virus since 2015. Only once, in 2018, did she look cured... Read More 

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The Ord Oracle February 25, 2020

by Tim Ord

SPX Monitoring purposes: Long SPX on 2/24/20 at 3225.90 Monitoring purposes GOLD: Long GDX on 1/29/19 at 21.96. Long Term Trend SPX monitor purposes: Long SPX on 1/30/20 3283.66; sold 2/21/20=gain 1.65%... Read More 

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It Takes 15 Months for Yield Curve Inversion To Be Felt

by Tom McClellan

We had an inverted yield curve in 2019, and yet the planet did not tumble off its axis. The sky did not fall... Read More 

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Crude Oil's Drop Was Foretold by Gold

by Tom McClellan

The movements of gold prices tend to show up again about 20 months later in the movements of oil prices. Crude oil futures have seen a big drop during 2020, exacerbated by falling demand from China because of the coronavirus outbreak there... Read More 

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The Ord Oracle February 11, 2020

by Tim Ord

SPX Monitoring purposes: Sold SPX at 3327.71 on 2/7/20= gain 1.57%; long SPX on 1/28/20 at 3276.24. Monitoring purposes GOLD: Long GDX on 1/29/19 at 21.96. Long Term Trend SPX monitor purposes: Long SPX on 1/30/20 3283... Read More 

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Wall Street Sentiment - Bullish with Caveat

by Mark Young

In our last submission, I said that the never-before (since the early 1990s)-seen reading from our Wall Street Sentiment Survey of ZERO Bulls was Bullish. Period. I strongly felt that we had to be longer-term bullish... Read More 

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A Quick Look at GDX

by Tim Taschler

I have written my last several pieces about the gold futures COT report and, since nothing has really changed on that front, I thought it might be worthwhile to look at GDX, the ETF basket of gold miners... Read More 

Top Advisors Corner

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Choppy or Simple Structures in McClellan Oscillator

by Tom McClellan

The McClellan Oscillator value on Feb. 5, 2020 was +23.36. Taken all by itself, that is not a very useful piece of information. Yes, it is above zero, meaning slightly positive recent acceleration upward in the Advance-Decline data on the NYSE... Read More