Top Advisors Corner October 31, 2022 at 12:35 AM
The stock market is probably pricing in a "pivot" of some sort from the Fed. This is a risky bet, especially in a poor liquidity environment. And if you're having a déjà vu flash, it's because this rally looks a lot like the summer rally... Read More
Top Advisors Corner October 28, 2022 at 06:10 PM
Friday was a very telling day. Four major tech stocks -- AMZN, GOOGL, META and MSFT-- got whacked after reporting earnings during the week, which would lead you to think the NASDAQ would get crushed... Read More
Top Advisors Corner October 28, 2022 at 02:59 PM
We have all heard that an economic recession is imminent, because, after all, the Fed is tightening aggressively, and we have an inverted yield curve... Read More
Top Advisors Corner October 26, 2022 at 12:39 PM
SPX Monitoring Purposes: Long SPX on 10/10/22 at 3612.39; sold 12/13/22 at 3669.91 = gain 1.59%. Monitoring Purposes GOLD: Long GDX on 10/9/20 at 40.78. Long Term SPX Monitor Purposes: Neutral. The top window is the SPY with its Bollinger Bands... Read More
Top Advisors Corner October 23, 2022 at 06:56 PM
Markets love to make fools of us all. And this market is so oversold that any positive surprise could launch a huge rally as pervasive bearishness, an olive branch from the Fed and, perhaps, a short-term improvement in liquidity may have arrived... Read More
Top Advisors Corner October 20, 2022 at 03:31 PM
I want to introduce you to a really old indicator created a few decades ago, but which still has relevance today. This week's chart shows an indicator that technical analysts for years have referred to as the "Coppock Curve". Developed years ago by the late E.S.C... Read More
Top Advisors Corner October 19, 2022 at 03:56 PM
SPX Monitoring Purposes: Long SPX on 10/10/22 at 3612.39; sold 12/13/22 at 3669.91 = gain 1.59%. Monitoring Purposes GOLD: Long GDX on 10/9/20 at 40.78. Long Term SPX Monitor Purposes: Neutral. The above chart is the "National Association of Active Investment Managers", a.k.a... Read More
Top Advisors Corner October 16, 2022 at 06:43 PM
The Fed isn't likely to stop raising rates anytime soon, which means cash is starting to become a viable competitor to the increasingly volatile trading in stocks and bonds. Moreover, liquidity is now reaching very dangerous levels... Read More
Top Advisors Corner October 12, 2022 at 03:48 PM
SPX Monitoring Purposes: Long SPX on 10/10/22 at 3612.39. Monitoring Purposes GOLD: Long GDX on 10/9/20 at 40.78. Long Term SPX Monitor Purposes: Neutral... Read More
Top Advisors Corner October 09, 2022 at 06:50 PM
The Fed is about to get its wish, as the stock market is showing the ominous signs that lead to significant losses. Hint: short sellers are increasing, and buyers are walking away... Read More
Top Advisors Corner October 07, 2022 at 12:53 PM
The data that the CFTC publishes in its weekly Commitment of Traders (COT) Report tell us about the positioning of the different types of traders that they track. That can provide useful sentiment indications for a variety of futures markets, if interpreted correctly... Read More
Top Advisors Corner October 01, 2022 at 10:17 PM
It looks as if the proverbial "Elvis has left the building" moment has finally arrived on Wall Street... Read More
