Top Advisors Corner February 26, 2023 at 07:04 PM
The correction in stock prices may be gathering steam, and the potential for a full-blown liquidity crisis seems to be rising. The reason may be that several big players in commercial real estate have recently defaulted on billions of dollars' worth of loans... Read More
Top Advisors Corner February 24, 2023 at 01:34 PM
Last week, I wrote about the Advance-Decline data for "high yield" bonds, which are reported every day by FINRA at this website... Read More
Top Advisors Corner February 19, 2023 at 08:56 PM
Something happened to the markets around Valentine's Day which could reverse the recent uptrend... Read More
Top Advisors Corner February 17, 2023 at 05:53 PM
Early in 2023, the S&P 500 broke out above the year-long downtrend line that everyone has been watching, and it has been struggling a little bit in February 2023 trying to extend that breakout... Read More
Top Advisors Corner February 15, 2023 at 05:03 PM
SPX Monitoring Purposes: Long SPX on 2/6/23 at 4110.98. Monitoring Purposes GOLD: Long GDX on 10/9/20 at 40.78. Long Term SPX Monitor Purposes: Neutral. Yesterday we said, "We posted this chart back in early January... Read More
Top Advisors Corner February 13, 2023 at 02:24 AM
The bears are getting louder as stocks consolidate recent gains. But the market's current price consolidation behavior, until proven otherwise, is quite normal, especially after a nearly 20% rally in the S&P 500 index ($SPX) since the October 2022 bottom... Read More
Top Advisors Corner February 10, 2023 at 04:13 PM
On February 2, 2023, the S&P 500 index completed what is known by technical analysts as a "Golden Cross", which is when the 50-day simple moving average crosses above the 200-day one... Read More
Top Advisors Corner February 08, 2023 at 05:06 PM
SPX Monitoring Purposes: Long SPX on 2/6/23 at 4110.98. 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 average of the TRIN. A 10-day average of the TRIN above 1... Read More
Top Advisors Corner February 05, 2023 at 08:51 PM
There are loud voices on Wall Street who continue to talk about bear markets. In my opinion, that's a good thing. That's because bull markets climb walls of worry, and the higher this rally goes, the more the bears seem to growl... Read More
Top Advisors Corner February 04, 2023 at 05:15 PM
Last week, I wrote about how the Price Oscillator for gold futures had gotten up to a really high level and turned down, which was a bearish signal... Read More
Top Advisors Corner February 01, 2023 at 04:57 PM
SPX Monitoring Purposes: Sold long SPX 1/27/23 at 4070.56 = Gain 6.51%; Long on 12/20/22 at 3821.62. The top window is the cumulative GDX Up Down Volume percent with a 200-day average, and the bottom window is the cumulative GDX Advance/Decline percent with a 200-day average... Read More
