Top Advisors Corner October 31, 2018 at 04:27 PM
This chart clearly shows the break of the 2016 trend line. Below we will examine the placement of long term Basing Point stops. http://schrts.co/tfJisN It is always wise to know where the long term stops (calculated from Basing Points) are located... Read More
Top Advisors Corner October 30, 2018 at 09:37 AM
We are in a time when “normal” relationships are not working, and when any slight hint of misperformance is getting punished. So it is fascinating to see that AAPL’s normal quarterly price behavior pattern is still “working,” something I discussed here back in August... Read More
Top Advisors Corner October 29, 2018 at 09:16 AM
http://schrts.com/QNzSzd Readers might think we are in the gamma wave from our immediate past comments. That could be a bad mistake. Note that the market is resting right on a trendline from February and is solidly under the 50 and 200 day moving averages... Read More
Top Advisors Corner October 25, 2018 at 12:36 PM
The bearish seasonality of July to October got put off until the last minute, and now the stock market has tried to do 4 months’ worth of work in just a couple of weeks... Read More
Top Advisors Corner October 24, 2018 at 09:52 AM
SPX Monitoring purposes; Long SPX on 10/22/18 at 2755.88. Monitoring purposes GOLD: Long GDX at 18.72 on 8/17/18 Long Term Trend SPX monitor purposes; Long SPX on 10-19-18 at 2767... Read More
Top Advisors Corner October 23, 2018 at 01:33 PM
It’s been a tough month for the markets with declines of over 6.5% for the S&P 500 and 8.3% for the Nasdaq. And based on the recent price action overall, the markets appear to be headed toward further downside over the near future... Read More
Top Advisors Corner October 22, 2018 at 09:24 AM
Editor's Note: This article was originally posted in Technical Analysis of Stock Trends on Monday, October 22nd at 1:18am ET. http://schrts... Read More
Top Advisors Corner October 18, 2018 at 02:25 PM
Four years ago, we had a remarkably similar market price action to this year’s. And that makes no fundamental sense, since all of the factors which should matter are different. Four years ago, the Fed was still doing QE3... Read More
Top Advisors Corner October 17, 2018 at 09:34 AM
SPX Monitoring purposes; Neutral. Monitoring purposes GOLD: Long GDX at 18.72 on 8/17/18 Long Term Trend SPX monitor purposes; Covered short SPX on 10/10/18 at 2785.68= gain of 3.46%; Short long term on 10/5/18 at 2885.57... Read More
Top Advisors Corner October 15, 2018 at 09:44 AM
Editor's Note: This article was originally posted in Technical Analysis of Stock Trends on Sunday, October 14th at 11:49pm ET. http://schrts.co/ReUYY8 This is not the aftermath of Hurricane Michael, but it is the aftermath of a hurricane -- Hurricane Trump. http://schrts... Read More
Top Advisors Corner October 11, 2018 at 08:58 AM
Editor's Note: This article was originally posted in Technical Analysis of Stock Trends on Thursday, October 11th at 1:23am ET. Is any commentary needed? The crack we commented on several days ago grew into a chasm--today 831.83 points, 3.15%... Read More
Top Advisors Corner October 10, 2018 at 09:25 AM
SPX Monitoring purposes; Neutral. Monitoring purposes GOLD: Long GDX at 18.72 on 8/17/18 Long Term Trend SPX monitor purposes; Short SPX on 10/5/18 at 2885.57. The top window is the NYSE McClellan Oscillator... Read More
Top Advisors Corner October 05, 2018 at 10:40 AM
We are now in the period of bullish seasonality. And we are just about to enter the bullish 3rd year of the current presidential term. So all signs should be starting to point upward now, after the normal weakness of a presidential term’s 2nd year... Read More
Top Advisors Corner October 03, 2018 at 09:33 AM
SPX Monitoring purposes; Long SPX on 9/27/18 at 2914. Monitoring purposes GOLD: Long GDX at 18.72 on 8/17/18 Long Term Trend SPX monitor purposes; Sold long term SPX 7/16/18 at 2798.43= gain 2.95%; Long 6/29/18 at 2718.37. The chart above shows the new lows for the NYSE... Read More