Top Advisors Corner January 30, 2022 at 06:01 PM
Boy, it's getting bearish out there, with panicky headlines just as the options market is signaling that a possible pause in the selling is materializing. In other words, the stock market may be setting up for a bounce... Read More
Top Advisors Corner January 27, 2022 at 05:54 PM
Back in December 2021, fears about the debut of the Omicron variant (yes that was just 6 weeks ago) caused a sharp stock market selloff and an oversold condition on a lot of indicators... Read More
Top Advisors Corner January 26, 2022 at 11:40 AM
SPX Monitoring Purposes: Covered 1/24/22 open 4356.32=7.57%; Short SPX 1/11/22 at 4713.07. Monitoring Purposes GOLD: Long GDX on 10/9/20 at 40.78. Long-Term SPX Monitor Purposes: Neutral The top window is the 10-day TRIN. Intermediate term lows form when the 10-day TRIN is 1... Read More
Top Advisors Corner January 23, 2022 at 06:30 PM
It's always darkest before the dawn. And the oversold market could certainly bounce back at the drop of a hat. All of which means that I would not be surprised to see a huge short-covering rally coming Sunday night in the futures market, carrying into Monday... Read More
Top Advisors Corner January 20, 2022 at 06:12 PM
The Baltic Dry Index (BDI) peaked back on October 7, 2021 and has fallen by 72% since then, as worldwide demand has fallen rapidly for cargo ships to haul iron ore and other "dry" cargos. This has a bearish implication for stock prices, illustrated in this week's chart... Read More
Top Advisors Corner January 19, 2022 at 01:37 PM
SPX Monitoring Purposes: Short SPX 1/11/22 at 4713.07. Monitoring Purposes GOLD: Long GDX on 10/9/20 at 40.78... Read More
Top Advisors Corner January 16, 2022 at 08:33 PM
I spotted an anomaly in the market last week, which makes me wonder what may happen next. And here is a hint: something big may be brewing. I'll tell you about it in detail in the market breadth section directly below... Read More
Top Advisors Corner January 13, 2022 at 12:25 PM
I used to believe, as others do, that the "proper" Advance-Decline (A-D) data come from the "common" stocks. After all, they are the real stocks, so they should know better what the stock market is doing. I stopped believing that once I looked at the data... Read More
Top Advisors Corner January 12, 2022 at 01:18 PM
SPX Monitoring Purposes: Short SPX 1/11/22 at 4713.07. Monitoring Purposes GOLD: Long GDX on 10/9/20 at 40.78. Long Term SPX Monitor Purposes: Neutral... Read More
Top Advisors Corner January 09, 2022 at 05:46 PM
I've said it here many times now. If it's bad for stocks, it's going to be bad for just about everything... Read More
Top Advisors Corner January 06, 2022 at 05:11 PM
A bullish signal is bullish, except when it's not. This week's chart looks at a McClellan A-D Oscillator, calculated using advances and declines for the stocks which make up the Nasdaq 100 Index... Read More
Top Advisors Corner January 05, 2022 at 01:41 PM
SPX Monitoring Purposes: Sold long SPX on 12/21/20 at 3694.90 = gain 1.3%; long 12/14/20 at 3647.49. Monitoring Purposes GOLD: Long GDX on 10/9/20 at 40.78. Long Term SPX Monitor Purposes: Long SPX on 10/26/20 at 3400.97... Read More
Top Advisors Corner January 04, 2022 at 04:56 PM
Advisors are sometimes challenged when trying to address client questions around market forecasts and expectations... Read More
Top Advisors Corner January 03, 2022 at 12:20 PM
The headlines blared the new highs on the S&P 500, but the market's breadth, although not completely falling apart, has been lagging behind. And the combination of a breadth divergence with the Fed's taper lurking in the near future makes me a bit worried... Read More
