Top Advisors Corner June 30, 2021 at 11:52 AM
SPX Monitoring Purposes: Long SPX 6/28/21 at 4290.61. Monitoring Purposes GOLD: Long GDX on 10/9/20 at 40.78. Long Term SPX Monitor Purposes: Neutral Today, the two-day TRIN closed at 3.09. Two-day TRIN that add up to over 3.00 have been a buy signal for the market... Read More
Top Advisors Corner June 27, 2021 at 07:08 PM
It's a strange association for sure, but I am officially expanding the concept of MEL, the complex adaptive system composed of the markets (M), the economy (E), and people's lives (L) to MELA, with A standing for Algos... Read More
Top Advisors Corner June 25, 2021 at 11:32 AM
Anyone can look at the VIX to get sentiment indications about the stock market. That's beginner stuff, although still pretty good. The real fun lies in going deeper into data that no one else looks at to find the fun insights... Read More
Top Advisors Corner June 23, 2021 at 01:37 PM
SPX Monitoring Purposes: Sold 6/21/21 at 4224.70= gain 1.40%; Long SPX on 6/18/21 at 4166.45. 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 June 20, 2021 at 11:29 PM
"It's coitains for you Rocky, coitains" – Bugs Bunny in "Racketeer Rabbit" (1940) A decisive break below 415 on the S&P 500 SPDR ETF could trigger a selling avalanche and create a large mess for the stock market in a hurry... Read More
Top Advisors Corner June 18, 2021 at 01:25 AM
The US Dollar Index is headed for a multi-month uptrend, if you can believe the message from tin prices. Tin is an industrial metal, used in electronics and for making corrosion-resistant coatings for other metals... Read More
Top Advisors Corner June 16, 2021 at 01:14 PM
SPX Monitoring Purposes: Sold 6/1/21 SPX at 4202.04 gain 2.1%;Long 5/19/21 at 4115.68. 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 June 13, 2021 at 02:09 PM
The path of least resistance for stocks remains up for now, as the S&P 500 (SPX) finally closed above the 4200 resistance area, although money continues to rotate from past leadership sectors to new areas... Read More
Top Advisors Corner June 10, 2021 at 12:24 PM
We all know that we are supposed to "sell in May and go away." Everyone says so. And so far, in 2021, that looks like the operative strategy, since stock prices have been chopping sideways, just like they are supposed to... Read More
Top Advisors Corner June 09, 2021 at 03:46 PM
SPX Monitoring Purposes: Sold 6/1/21 SPX at 4202.04 gain 2.1%; Long 5/19/21 at 4115.68. 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 June 06, 2021 at 03:44 PM
This could be one of those times when being a contrarian could pay off in a big way... Read More
Top Advisors Corner June 03, 2021 at 12:09 PM
The big winners in 2020 were the FANG stocks which dominate the Nasdaq 100 Index (NDX). They outpaced the S&P 500 Index (SPX) by a pretty large margin. But now, in 2021, there is a big adjustment going on, as those outsized gains of 2020 are getting digested and consolidated... Read More
Top Advisors Corner June 03, 2021 at 11:49 AM
SPX Monitoring Purposes: Sold 6/1/21 SPX at 4202.04 gain 2.1%; Long 5/19/21 at 4115.68. 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
