Top Advisors Corner July 31, 2020 at 01:03 PM
Farmers in the U.S. were excited this week about the news of China agreeing to buy 1.9 million tons of corn. That news has not yet given a lift to corn futures prices, but this week's chart says that a major multi-month uptrend is coming... Read More
Top Advisors Corner July 29, 2020 at 11:51 AM
SPX Monitoring Purposes: Sold 7/21/20 at 3257.30= gain 1.01%; Long SPX on 7/17/20 at 3224.73. Monitoring Purposes GOLD: Long GDX on 7/8/20 at 38.62. Long Term Trend SPX Monitor Purposes: Short SPX 5/13/20 at 2820... Read More
Top Advisors Corner July 26, 2020 at 06:26 PM
For investors, at least in the present, it's not what the economy can do to the markets that matters most. Instead, it's what the Fed can do to the markets, to 401 (k) plans and to trading accounts that should keep us up at night... Read More
Top Advisors Corner July 24, 2020 at 03:04 PM
Silver prices have had quite a run since making a COVID Crash bottom on March 18, 2020, especially in the past few days. Silver futures bottomed in March at the $12 level, and have now just cleared the $20 mark on July 20 for the first time since September 2016... Read More
Top Advisors Corner July 22, 2020 at 01:58 PM
SPX Monitoring Purposes: Sold 7/21/20 at 3257.30= gain 1.01%; Long SPX on 7/17/20 at 3224.73. Monitoring Purposes GOLD: Long GDX on 7/8/20 at 38.95. Long Term Trend SPX Monitor Purposes: Short SPX 5/13/20 at 2820... Read More
Top Advisors Corner July 19, 2020 at 05:45 PM
"Engage people with what they expect; it is what they are able to discern and confirms their projections. It settles them into predictable patterns of response, occupying their minds while you wait for the extraordinary moment — that which they cannot anticipate... Read More
Top Advisors Corner July 17, 2020 at 02:16 PM
5 months ago, I wrote here about crude oil prices dropping below the $50 level and how that drop was unfolding in a way that was foretold by gold. In that article, I noted that gold's 20-month leading indication said that more decline was still coming for crude oil prices... Read More
Top Advisors Corner July 15, 2020 at 03:29 PM
SPX Monitoring Purposes: Neutral. Monitoring Purposes GOLD: Long GDX on 7/8/20 at 38.95. Long Term Trend SPX Monitor Purposes: Short SPX 5/13/20 at 2820. SPY matched its June high yesterday and VIX made a higher low compared to its June low, which is a divergence... Read More
Top Advisors Corner July 12, 2020 at 08:14 PM
With earnings season gearing up, a rising election and COVID-19 uncertainty, the actions of the Federal Reserve are now more important than ever. There's no doubt that no one knows which way the future will unfold... Read More
Top Advisors Corner July 10, 2020 at 02:02 PM
The stock market rally went into pause mode in June - or at least that is the case as measured by the S&P 500's behavior. But traders are still piling into the tech stocks, which dominate the Nasdaq 100 Index... Read More
Top Advisors Corner July 08, 2020 at 01:23 PM
SPX Monitoring Purposes: Sold long SPX on 7/2/20 at 3130.01= gain 1.5%; long on 6/25 at 3083.76. Monitoring Purposes GOLD: Sold GDX on 6/11/20 at 32.83=gain; long GDX on 6/8/20 at 32.79. Long Term Trend SPX Monitor Purposes: Short SPX 5/13/20 at 2820... Read More
Top Advisors Corner July 05, 2020 at 05:20 PM
The bulls lived to fight another day last week, as the potential sell signal from Duarte's 50-50 Rule did not come to pass... Read More
Top Advisors Corner July 01, 2020 at 01:56 PM
SPX Monitoring purposes: Long SPX on 6/25/20 at 3083.76. Monitoring Purposes GOLD: Sold GDX on 6/11/20 at 32.83=gain; long GDX on 6/8/20 at 32.79. Long Term Trend SPX Monitor Purposes: Short SPX 5/13/20 at 2820. It's common for the VIX to lead the SPX... Read More
