Top Advisors Corner June 30, 2023 at 12:20 AM
The eurodollar futures contract is now no more, having been replaced by the new SOFR contract (Secured Overnight Financing Rate)... Read More
Top Advisors Corner June 26, 2023 at 01:16 AM
By the time this article hits the presses, there may be a fully developing civil war in Russia. Two weeks ago in this space, I noted that the AI-fueled rally was due for a pullback. And the Fed and a cadre of central banks gave sellers the excuse to take profits... Read More
Top Advisors Corner June 22, 2023 at 02:28 PM
Traders have a tendency to "think" in their own currencies, which is a natural human action. But it is worth paying attention to how other traders may think, because how they see prices can affect their behavior in ways we might not be seeing through our own lenses... Read More
Top Advisors Corner June 18, 2023 at 05:25 PM
The Federal Reserve is still talking tough via its dot-plot, which forecasts two more interest rate increases before the end of 2023. But the markets are not agreeing. My money, for now, is with the markets... Read More
Top Advisors Corner June 14, 2023 at 02:58 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. We updated this chart from yesterday... Read More
Top Advisors Corner June 11, 2023 at 05:38 PM
First things first. Last week, the headlines blared the S&P 500 index ($SPX) is in a bull market after a 20% gain from the October 2022 bottom. That's nice, but the real winner has been the Tech sector, as measured by the Nasdaq 100 index ($NDX), up some 38% over the same period... Read More
Top Advisors Corner June 04, 2023 at 07:52 PM
The week of June 5 should be momentous as the bears who have been left behind consider whether to fully capitulate. The stock market is back in rally mode as seasonal tendencies for a summer rally, especially in the third year of the presidential cycle, assert their influence... Read More
Top Advisors Corner June 02, 2023 at 02:51 PM
Gold is valuable, not just because you can sell it for a lot of money, but also because it gives us answers that we cannot get anywhere else... Read More
