Top Advisors Corner April 30, 2021 at 11:39 AM
I have been writing professionally about the financial markets since 1995 and, in all of that time, I have almost never referenced valuation... Read More
Top Advisors Corner April 28, 2021 at 12:50 PM
The middle window is the two-day average of the TRIN; readings above 1.50 are bullish for the market and below .65 are bearish. Today's close comes in .82 and leans bearish; a reading above 1.00 would lean bullish... Read More
Top Advisors Corner April 25, 2021 at 05:03 PM
If you're uncomfortable with this market, you are not alone; it certainly is a head-scratching place for sure. Yet the combination of the ever-present Wall of Worry and easy money from the Fed continue to move stocks higher as every dip is being bought over and over again... Read More
Top Advisors Corner April 23, 2021 at 01:44 PM
The lumber futures market is a pretty thin market, with only around 3,000 contracts open. Compare that to the eMini SP500 futures contract, which has 2.6 million contracts open. In lumber futures, a single small order can move the market... Read More
Top Advisors Corner April 21, 2021 at 01:42 PM
SPX Monitoring Purposes: Sold long 4/9/21 SPX at 4128.80= gain 6.16%; 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 April 18, 2021 at 10:56 PM
As crazy as it may sound, the odds are still better than even that this rally in stocks may be well from over... Read More
Top Advisors Corner April 16, 2021 at 11:54 AM
The Nasdaq 100 Index (NDX) is finally back to making new all-time highs, something that the S&P 500 has been doing more regularly in 2021. The NDX suffered a painful dip in February 2021, as big tech suddenly fell out of favor. Now, those stocks are back in favor once again... Read More
Top Advisors Corner April 14, 2021 at 10:44 AM
SPX Monitoring Purposes: Sold long 4/9/21 SPX at 4128.80= gain 6.16%; 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... Read More
Top Advisors Corner April 11, 2021 at 02:37 PM
As I've suggested over the last two weeks, the stock market was poised for a breakout. And the odds for more gains in the short-term are still well above average... Read More
Top Advisors Corner April 08, 2021 at 11:50 AM
Indicators like the McClellan Summation Index can tell us a lot by the level they get to. But they can also tell us a lot based on the patterns they show, or, in some cases, the patterns they don't show... Read More
Top Advisors Corner April 07, 2021 at 12:32 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. The market is in a strong position... Read More
Top Advisors Corner April 04, 2021 at 04:18 PM
"I go to parties sometimes until four. It's hard to leave when you can't find the door" – Joe Walsh. As I've said here many times, I'm not bearish, but there is something quite unusual going on in this market and it's worth exploring in some detail... Read More
