Top Advisors Corner

Corn and Wheat Prices Headed Higher

by Tom McClellan

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

The Ord Oracle July 28, 2020

by Tim Ord

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

At the Edge of Chaos: Worry About the Fed and Market First, Then About the Economy

by Joe Duarte

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

Silver Blowoff

by Tom McClellan

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

The Ord Oracle July 21, 2020

by Tim Ord

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

At the Edge of Chaos: Throw Out the Old Playbook; The Market is Now Leading the Economy

by Joe Duarte

"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

Crude Oil: Uptrend to October

by Tom McClellan

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

The Ord Oracle July 14, 2020

by Tim Ord

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

At the Edge of Chaos: Watch the Fed as Big Move in Stocks Looms

by Joe Duarte

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

Traders Chase QQQ, "The Only Thing Working"

by Tom McClellan

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

The Ord Oracle July 7, 2020

by Tim Ord

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

At the Edge of Chaos: Bull Run Likely to Continue as Fed Has No Choice Except for Another Round of QE

by Joe Duarte

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

The Ord Oracle June 30, 2020

by Tim Ord

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