Top Advisors Corner November 30, 2022 at 02:53 PM
SPX Monitoring Purposes: Long SPX on 11/10/22 at 3956.27. Monitoring Purposes GOLD: Long GDX on 10/9/20 at 40.78. Long-Term SPX Monitor Purposes: Neutral. The bottom window is the 10-day moving average of the Arms Index TRIN. Generally, panic forms at market bottoms... Read More
Top Advisors Corner November 23, 2022 at 07:57 PM
After trending downward since the summer of 2020, T-Bond prices have seen a small upturn here in November 2022. That price rise for T-Bonds had coattails, helping to boost the prices of investment-grade corporate bonds... Read More
Top Advisors Corner November 17, 2022 at 10:46 PM
The elephant in the room is the implosion of crypto exchange FTX and the potential contagion effect of its demise... Read More
Top Advisors Corner November 16, 2022 at 04:15 PM
SPX Monitoring Purposes: Long SPX on 11/10/22 at 3956.27. Monitoring Purposes GOLD: Long GDX on 10/9/20 at 40.78. Long Term SPX Monitor Purposes: Neutral. Yesterday, we said "The top window is the NYSE Summation index... Read More
Top Advisors Corner November 13, 2022 at 04:25 PM
Financial markets hate higher interest rates and uncertainty above everything else. And now that the election is mostly past, the market is refocusing on the Federal Reserve, inflation, and the future of interest rates. I don't want to get into a political discussion... Read More
Top Advisors Corner November 08, 2022 at 01:37 PM
A lot of market analysts like to use Pearson's Correlation Coefficient, because it is included in their software and it is pretty simple. You can use it quite easily in any spreadsheet program... Read More
Top Advisors Corner November 06, 2022 at 06:29 PM
There are mixed signals developing in this market. On the one hand, there is the daily and highly chaotic price action, while, on the other hand, the market's breadth and liquidity may be improving... Read More
Top Advisors Corner November 04, 2022 at 07:02 PM
Now that the Fed has thrown everything at the market including the kitchen sink, namely by raising the Fed Funds rate by another 0.75 percentage points and signaling they'll continue to raise rates as much as necessary down the road, traders are wondering what might come next... Read More
Top Advisors Corner November 04, 2022 at 02:29 PM
I like getting the answers ahead of time, and one of the fun relationships that does this is shown in this week's chart. The movements of gold prices tend to get echoed almost 20 months later in corresponding movements of oil prices... Read More
Top Advisors Corner November 02, 2022 at 01:35 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... Read More
