Top Advisors Corner August 29, 2021 at 03:20 PM
It's a decades-old adage, made famous by the late Marty Zweig: "Don't fight the Fed." And the market rally on 8/27/21 proved once again that it has stood the test of time... Read More
Top Advisors Corner August 27, 2021 at 12:42 PM
When last I wrote here about the NYSE Advance-Decline (A-D) Line in March 2021, there had just been a little divergence, which had resolved itself by the A-D Line moving to a higher high... Read More
Top Advisors Corner August 25, 2021 at 01:10 PM
SPX Monitoring Purposes: Sold 8/24/21 at 4486.23=gain 1.83%; Long SPX on 8/19/21 at 4405.80. Monitoring Purposes GOLD: Long GDX on 10/9/20 at 40.78. Long Term SPX Monitor Purposes: Neutral... Read More
Top Advisors Corner August 23, 2021 at 02:01 PM
Last week's breadth sell signal (see below) was fairly convincing and should be taken seriously. But, given the way the algos work, (stealth, cunning, sleight of hand, and misdirection), it's worth considering that the selloff is yet another head fake. And here is why... Read More
Top Advisors Corner August 18, 2021 at 05:54 PM
Unless things reverse, the New York Stock Exchange Advance Decline line (NYAD) has given a sell signal, as it has fallen below its 50-day moving average and below the 50 area on its RSI simultaneously. That is a Duarte 50-50 sell signal... Read More
Top Advisors Corner August 18, 2021 at 02:20 PM
SPX Monitoring Purposes: Sold long 8/9/21 at 4432.35=gain .466%; 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 Yesterday, we said "The strongest week seasonality-wise for the next four weeks is this week... Read More
Top Advisors Corner August 15, 2021 at 08:21 PM
"The edge of chaos is a transition space between order and disorder that is hypothesized to exist within a wide variety of systems. This transition zone is a region of bounded instability that engenders a constant dynamic interplay between order and disorder... Read More
Top Advisors Corner August 12, 2021 at 01:36 PM
Gold analysts have long "known" that the real interest rates have an effect on gold prices. By "real" interest rates, I am referring to the inflation-adjusted interest rates, which, in this week's chart, are represented by the 3-month T-Bill yield minus the CPI Inflation rate... Read More
Top Advisors Corner August 11, 2021 at 12:46 PM
SPX Monitoring Purposes: Sold long 8/9/21 at 4432.35=gain .466%; 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 This week is the week before options expiration week and is a week where whipsaws are common... Read More
Top Advisors Corner August 07, 2021 at 07:42 PM
"The edge of chaos is a transition space between order and disorder that is hypothesized to exist within a wide variety of systems. This transition zone is a region of bounded instability that engenders a constant dynamic interplay between order and disorder... Read More
Top Advisors Corner August 04, 2021 at 12:36 PM
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 A week ago last Friday, the 2-day TRIN closed at 3.36, which is a bullish sign short-term. Yesterday, the two day TRIN closed at 3... Read More
Top Advisors Corner July 31, 2021 at 08:21 PM
Despite some sloppy trading action and some sluggishness in the market's breadth, there may be some good news developing in the options market, which could bode well for stocks in the not-too-distant future (barring some sort of unpleasant surprise)... Read More
