Top Advisors Corner March 31, 2021 at 12:41 PM
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 March 27, 2021 at 07:27 PM
If you're wondering why the stock market is suddenly so volatile, look no further than the options market... Read More
Top Advisors Corner March 24, 2021 at 11:45 AM
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 March 23, 2021 at 06:14 PM
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 March 22, 2021 at 12:35 PM
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 March 21, 2021 at 04:24 PM
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 March 19, 2021 at 11:33 AM
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 March 17, 2021 at 02:05 PM
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 March 17, 2021 at 01:42 PM
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 March 13, 2021 at 08:12 PM
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 March 12, 2021 at 11:32 AM
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 March 10, 2021 at 12:38 PM
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 March 07, 2021 at 04:10 PM
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 March 05, 2021 at 12:41 AM
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 March 03, 2021 at 01:28 PM
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
