Top Advisors Corner

The Ord Oracle July 27, 2021

by Tim Ord

SPX Monitoring Purposes: Long 7/23/21 SPX 4411.79 Monitoring Purposes GOLD: Long GDX on 10/9/20 at 40.78. Long Term SPX Monitor Purposes: Neutral The FOMC meeting announcement is tomorrow around 2:00 Eastern Time and could see a gyration around that time... Read More 

Top Advisors Corner

At the Edge of Chaos: Market Bets on No End to QE due to Rising COVID Numbers

by Joe Duarte

The new highs in the market developed without a confirmation from the market's breadth last week. That's a very tricky situation which warrants a detailed trading approach... Read More 

Top Advisors Corner

Big Weekly Drop in Investors Intelligence Data

by Tom McClellan

A big selloff on Monday, July 19, 2021 brought a big sentiment reality check for a lot of investors, who were glad to part company with their stocks on a day that saw the DJIA fall by 726 points... Read More 

Top Advisors Corner

The Ord Oracle July 20, 2021

by Tim Ord

SPX Monitoring Purposes: Sold 7/20/21 SPX 4325= gain .08%; 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... Read More 

Top Advisors Corner

At the Edge of Chaos: Market Breadth Breaks Down; Is MELA Headed for a Stall?

by Joe Duarte

I hate to be bearish. And maybe it's just a passing thing. But it's hard to argue with the price charts at the moment. And their message is that the stock market is at a vulnerable spot. Moreover, that means that everything (MELA) is now vulnerable... Read More 

Top Advisors Corner

A Useful Misuse of Correlation Coefficient with VIX Index

by Tom McClellan

The text of this article originally appeared in our July 13 Daily Edition issue, and I thought that readers of the Chart In Focus series would appreciate knowing about this relationship as well. The charts presented here have been brought up to date as of July 14... Read More 

Top Advisors Corner

The Ord Oracle July 13, 2021

by Tim Ord

SPX Monitoring Purposes: Long SPX 6/28/21 at 4290.61. Monitoring Purposes GOLD: Long GDX on 10/9/20 at 40.78... Read More 

Top Advisors Corner

At the Edge of Chaos: Has a New QE Cycle Begun? Markets Think So

by Joe Duarte

It's hard to argue with a momentum market when it seems to be bulletproof. Take last week's volatility, in which a market that seemed to be setting up for a significant decline turned around and ended the week with new highs... Read More 

Top Advisors Corner

Stock Market Acting Like We Have a 2nd Term President

by Tom McClellan

There is a difference in how the stock market typically behaves in the first year of a presidential term depending on whether the incumbent party candidate wins versus the challenger party... Read More 

Top Advisors Corner

The Ord Oracle July 6, 2021

by Tim Ord

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 yesterday at 3.20, a bullish sign. Two-day TRIN that add up to over 3... Read More 

Top Advisors Corner

At the Edge of Chaos: Stay Long But Stay Limber and Keep a Hand on the Sell Button

by Joe Duarte

Stocks keep grinding higher, but the action in the options market says that, even as they continue to mark prices higher in what looks to be an accelerating momentum loop, the algos are simultaneously preparing for the next nasty surprise. You bet this is unsettling... Read More 

Top Advisors Corner

Gold and Dollar Share an 8-Year Cycle Period

by Tom McClellan

There is an important 8-year cycle operating in both gold prices and the Dollar. That part makes sense, since a rising Dollar tends to be harmful to gold's prospects. But it is more complicated and interesting than that... Read More