Top Advisors Corner

January 2021

Top Advisors Corner

VIX Analogue Shows Pop Was On Schedule

by Tom McClellan

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

The Ord Oracle January 26, 2021

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: 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

At the Edge of Chaos: Homebuilders Rebound as Bond Yields Consolidate & the Market Delivers a Positive Breadth Divergence

by Joe Duarte

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

Looking Deeper at the NAAIM Survey Data

by Tom McClellan

For years, I have been tracking the investor sentiment data series known as the NAAIM Exposure Index... Read More 

Top Advisors Corner

The Ord Oracle January 19, 2021

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: 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

At the Edge of Chaos: Bonds and Volatility Will Influence 2021, But Trend Remains Up Until Proven Otherwise

by Joe Duarte

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

Gold Leads Interest Rates

by Tom McClellan

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

The Ord Oracle January 12, 2021

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. On Friday, we sent out a short note that said... Read More 

Top Advisors Corner

2021 and the Reflation Rally

by Tim Taschler

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

Extreme Point for Nasdaq Volume

by Tom McClellan

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

The Ord Oracle January 5, 2021

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: In a Rotating Market, Follow the Money, Trade With Sound Rules

by Joe Duarte

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