Top Advisors Corner

December 2020

Top Advisors Corner

COT for Canadian Dollar Has Message for Oil

by Tom McClellan

Sometimes, it is not about what you know, but who you listen to. And if you learn to get answers from unusual places where no one else is looking, that can be the most useful information of all... Read More 

Top Advisors Corner

The Ord Oracle December 29, 2020

by Tim Ord

SPX Monitoring Purposes: Sold long SPX on 12/21/20 at 3694.90 = gain 1.3%; long 12/14/20 at 3647.49. Monitoring Purposes GOLD: Long GDX on 10/9/20 at 40.78. Long Term SPX Monitor Purposes: Long SPX on 10/26/20 at 3400.97... Read More 

Top Advisors Corner

At the Edge of Chaos: Bull Market Still Has Legs; Selectivity Matters

by Joe Duarte

Despite the gloom and doom emanating from some quarters, investors in the right sectors and individual stocks are likely to continue to make money in 2021, as central banks continue to pump money into the financial system and robotic trading algorithms continue to answer the age-... Read More 

Top Advisors Corner

The Ord Oracle December 23, 2020

by Tim Ord

SPX Monitoring purposes; Sold long SPX on 12/21/20 at 3694.90 = gain 1.3%; long 12/14/20 at 3647.49. Monitoring purposes GOLD: Long GDX on 10/9/20 at 40.78. Long Term SPX monitor purposes; Long SPX on 10/26/20 at 3400.97... Read More 

Top Advisors Corner

At the Edge of Chaos: Focus on Individual Stocks; Monitor Each Position Separately

by Joe Duarte

It doesn't feel like it on the surface, but the next four-to-six weeks could be a major nail biter for investors. But, as the action during last week's Quadruple Witching options expiration showed, wide price swings are possible, and indeed may be likely... Read More 

Top Advisors Corner

The Ord Oracle December 15, 2020

by Tim Ord

SPX Monitoring Purposes: Long SPX 12/14/20 at 3647.49. Monitoring Purposes GOLD: Long GDX on 10/9/20 at 40.78. Long Term SPX Monitor Purposes: Long SPX on 10/26/20 at 3400.97. It's a bullish longer-term sign when the 5- and 10-day TRIN reach bullish levels in the same time... Read More 

Top Advisors Corner

At the Edge of Chaos: Stocks Seem Ready for a Short-Term Rest

by Joe Duarte

As 2020 comes to a close, many of the worries and circumstances that have driven the market higher all year remain in place, and, in many cases, their intensity has risen... Read More 

Top Advisors Corner

Fosback Absolute Breadth Ratio Says This is Not a Top

by Tom McClellan

To get an important price top, you usually need to see the Advance-Decline (A-D) numbers quiet down. We do not have that condition now, and thus we likely are not seeing the conditions for an important price top (yet)... Read More 

Top Advisors Corner

The Ord Oracle December 8, 2020

by Tim Ord

SPX Monitoring Purposes: Sold 11/27/20 at 3638.61=gain 5.36%; Long SPX 10/22/20 at 3453.49 Monitoring Purposes GOLD: Long GDX on 10/9/20 at 40.78 Long Term SPX Monitor Purposes: Long SPX on 10/26/20 at 3400.97 There is evidence that a pullback to 350 SPY may not be in the cards... Read More 

Top Advisors Corner

At the Edge of Chaos: Breadth Breakout Provides Bullish Backdrop for Stocks - Unless Bonds Think Otherwise

by Joe Duarte

We are in the early stages of the traditionally bullish end-of-year seasonal period in the stock market, in the face of record low interest rates, with a COVID vaccine near distribution and with a stimulus deal likely to come out of Washington before Congress breaks for the holid... Read More 

Top Advisors Corner

Gold Prices and Full Moons

by Tom McClellan

Several years ago, I undertook a project intent upon proving that there was no possible relationship between gold prices and full moons, as some other analysts had asserted... Read More 

Top Advisors Corner

The Ord Oracle December 1, 2020

by Tim Ord

SPX Monitoring Purposes: Sold 11/27/20 at 3638.61=gain 5.36%; Long SPX 10/22/20 at 3453.49. Monitoring Purposes GOLD: Long GDX on 10/9/20 at 40.78. Long Term SPX Monitor Purposes: Long SPX on 10/26/20 at 3400.97. Yesterday, we said "Today the TICK closed at -270 and TRIN at 1... Read More