Top Advisors Corner June 30, 2022 at 03:32 PM
Pessimism is taking over the silver futures market, at least among the small speculators... Read More
Top Advisors Corner June 29, 2022 at 12:38 PM
SPX Monitoring Purposes: Long SPX on 5/31/22 at 4151.09. Monitoring Purposes GOLD: Long GDX on 10/9/20 at 40.78. Long Term SPX Monitor Purposes: Neutral. Above is a an indicator that works well for signaling short term reversals... Read More
Top Advisors Corner June 26, 2022 at 01:45 PM
Until proven otherwise, the current bounce, as delightful as it may be, still has the hallmark of a bear market rally. On the other hand, it is certainly plausible that a tradable bottom in stocks is being put in place... Read More
Top Advisors Corner June 24, 2022 at 06:30 PM
The bears have been in charge of the market for months now, going back to the beginning of January when the S&P topped out at 4818, just as our Chief Market Strategist Tom Bowley warned our members that a market storm was about to begin... Read More
Top Advisors Corner June 19, 2022 at 06:06 PM
Did you hear the one about Google firing an engineer who claims that artificial intelligence is becoming sentient? It's heady stuff for sure. Moreover, it sounds as if it's straight out of a sci-fi story. (Mr... Read More
Top Advisors Corner June 17, 2022 at 03:07 PM
Last week, I wrote about some of the corporate bond Advance-Decline (A-D) data published by FINRA. The high yield bonds behave more like the stock market than like T-Bonds, so their behavior can be an indication about liquidity that will come around and affect the stock market... Read More
Top Advisors Corner June 15, 2022 at 11:23 AM
SPX Monitoring Purposes: Long SPX on 5/31/22 at 4151.09. Monitoring Purposes GOLD: Long GDX on 10/9/20 at 40.78. Long Term SPX Monitor Purposes: Neutral. Yesterday, we said "There is panic everywhere in the TRIN, TICK, VVIX, VIX and McClellan Oscillator... Read More
Top Advisors Corner June 12, 2022 at 09:28 PM
The bad news just keeps on coming. At least one Wall Street bank is calling on the Federal Reserve to raise the Fed Funds rate by 0.75 percent, just ahead of the central bank's Open Market Committee (FOMC) meeting which is scheduled for June 14 and 15... Read More
Top Advisors Corner June 11, 2022 at 12:31 AM
After making an oversold low on May 19, the S&P 500 had a pretty impressive rebound effort, which included 3 really strong breadth days on May 25-27, 2022. That got a lot of analysts talking about a "breadth thrust" signal of various flavors... Read More
Top Advisors Corner June 10, 2022 at 05:43 PM
Just before the market closed Friday, I saw there were over 400 companies that were at 52-week lows. By any measure, that's a TON of stocks that traders have given up on as the market continues its move lower... Read More
Top Advisors Corner June 08, 2022 at 12:11 PM
SPX Monitoring Purposes: Long SPX on 5/31/22 at 4151.09. Monitoring Purposes GOLD: Long GDX on 10/9/20 at 40.78. Long Term SPX Monitor Purposes: Neutral. It's a good sign for a rally in the SPX when both VVIX (top window) and VIX (bottom window) trade to new short-term lows... Read More
Top Advisors Corner June 05, 2022 at 04:11 PM
The ultimate truth in any market is the price of an asset. And, at present, money is cautiously moving back into the market, although it's doing so in an unpredictable and seemingly haphazard fashion... Read More
Top Advisors Corner June 03, 2022 at 12:24 PM
Part of the Fed's response to COVID-19 in 2020 was a dramatic increase in the money supply, pushing up the money supply measure known as M2 at the fastest rate in the history of record-keeping... Read More
Top Advisors Corner June 01, 2022 at 01:26 PM
SPX Monitoring Purposes: Long SPX on 5/31/22 at 4151.09. Monitoring Purposes GOLD: Long GDX on 10/9/20 at 40.78. Long Term SPX Monitor Purposes: Neutral. The bottom window is the NYSE McClellan Oscillator... Read More
