Top Advisors Corner

March 2021

Top Advisors Corner

The Ord Oracle March 30, 2021

by Tim Ord

SPX Monitoring Purposes: Long SPX on 3/24/21 at 3889.14. 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: Options, NYAD and Major Stock Indexes are Setting Up for Big Move + Two Waste Stocks That Smell Like Roses

by Joe Duarte

If you're wondering why the stock market is suddenly so volatile, look no further than the options market... Read More 

Top Advisors Corner

The Ord Oracle March 23, 2021

by Tim Ord

SPX Monitoring Purposes: Neutral. 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. For very short term, the SPY may be nearer to a low than a high... Read More 

Top Advisors Corner

Wall Street Sentiment - One Year From the Low: Cause for Concern

by Mark Young

In our last submission, we wondered aloud, "Is it time to panic?" and, despite the ugly decline, our answer was a resounding "I don't think so... Read More 

Top Advisors Corner

Prepare Yourself for Much Higher Long-Term Interest Rates

by John Kosar

The Bottom Line: History Matters The recent rise above 1.37% to 1.47% in the yield of the benchmark 10-Year Note appears to be an emerging secular trend change toward significantly higher long term US interest rates. A sustained rise above a 1... Read More 

Top Advisors Corner

At the Edge of Chaos: Why Options are More Important than You May Think

by Joe Duarte

I'm not bearish at this moment, but it's hard to argue with the self-evident truth – stocks are struggling. Certainly, stock traders tend to focus on stocks, yet equities are part of a much larger complex system composed of the markets (M), the economy (E) and people's lives (L)... Read More 

Top Advisors Corner

Are Deficits Bullish for Gold?

by Tom McClellan

Congress and the White House seem intent upon spending a lot more money. In the past 12 months ending in February 2021, the federal government has spent $2 for every $1 it took in... Read More 

Top Advisors Corner

Expect Federal Reserve-Related Volatility This Afternoon

by Joe Duarte

As usual when the Fed reveals its intentions for the next few weeks, at the conclusion of their current FOMC meeting, the algos will react to the headlines. But, of course, the real action will begin when Mr... Read More 

Top Advisors Corner

The Ord Oracle March 16, 2021

by Tim Ord

SPX Monitoring Purposes: Long SPX on 3/12/21 at 3943.32 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: Dude - Is That a Dell or a Bond Yield Breakout?

by Joe Duarte

What a strange week it was, as shares of Dell Technologies (DELL) and the U.S. Ten Year Note (TNX) scored simultaneous breakouts and raised questions about what's next... Read More 

Top Advisors Corner

Another New A-D Line High

by Tom McClellan

Gobs of breadth is a good thing. When there is enough money sloshing around the stock market to lift all boats, that means there is a rising tide, which is a condition that tends to persist... Read More 

Top Advisors Corner

The Ord Oracle March 9, 2021

by Tim Ord

SPX Monitoring Purposes: Neutral. 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. The above chart is updated on today's data... Read More 

Top Advisors Corner

At the Edge of Chaos: The New Sexy - Rolled-Up Sleeve Stocks Are In

by Joe Duarte

The stock market is adapting to a new macro situation, wherein the leading perception is that the U.S. economy is recovering from the COVID pandemic... Read More 

Top Advisors Corner

Bitcoin's Quirky Leading Indication for Stocks

by Tom McClellan

The relationship between Bitcoin and the stock market is an extremely curious one. Stock prices are supposedly backed by the future earnings capacity of the company. Bitcoin's value is not really backed by anything. Its value is whatever somebody thinks the value is... Read More 

Top Advisors Corner

The Ord Oracle March 2, 2021

by Tim Ord

SPX Monitoring Purposes: Long SPX on 3/1/21 at 3901.82 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