Top Advisors Corner January 29, 2021 at 03:22 PM
The Jan. 27 VIX pop was fueled by worries over Reddit-inspired traders making a raid upon the established order, which threatened the sanctity of the Wall Street machine and the hedge funds which are part of that machine... Read More
Top Advisors Corner January 27, 2021 at 12:39 PM
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: Sold long SPX on 1/15/21 at 3768.25= gain 10.80%; Long SPX on 10/26/20 at 3400.97... Read More
Top Advisors Corner January 24, 2021 at 02:52 PM
Amid the noise in the markets last week, Friday afternoon saw an interesting development as, even though the major indexes were decidedly lower, the New York Stock Exchange Advance Decline line (NYAD), as I will fully describe below, delivered an up day... Read More
Top Advisors Corner January 21, 2021 at 05:10 PM
For years, I have been tracking the investor sentiment data series known as the NAAIM Exposure Index... Read More
Top Advisors Corner January 20, 2021 at 12:13 PM
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: Sold long SPX on 1/15/21 at 3768.25= gain 10.80%; Long SPX on 10/26/20 at 3400.97... Read More
Top Advisors Corner January 17, 2021 at 06:37 PM
Thanks to the Federal Reserve and the ever-present "Buy the Dip" crowd, I don't expect this market's uptrend to pause for long periods of time in the foreseeable future... Read More
Top Advisors Corner January 14, 2021 at 04:02 PM
There are answers available to the observant about what lies ahead in the future. To enjoy those answers, one must accept that they are imperfect answers. Gold is the great leader of many other financial market data series. It leads grain prices by 15 months... Read More
Top Advisors Corner January 13, 2021 at 01:02 PM
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. On Friday, we sent out a short note that said... Read More
Top Advisors Corner January 10, 2021 at 06:10 PM
It sure feels and looks a lot like 1999 and 2007. Time will tell, but markets have divorced themselves from reality, and that usually leads to a reversal... Read More
Top Advisors Corner January 07, 2021 at 07:56 PM
We are seeing some wild numbers for Nasdaq share volume lately, much bigger than anything in recent years. This points to a speculative blowoff underway... Read More
Top Advisors Corner January 06, 2021 at 11:50 AM
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 January 03, 2021 at 06:13 PM
The stock market ended 2020 with a moderate bang, which suggests that, at least in the early going, 2021 may be just an extension of 2020... Read More
