Top Advisors Corner April 25, 2019 at 01:00 PM
We are now 4 months into the rebound off of the Dec. 24, 2018 low, so it is a natural question to wonder if the uptrend is going to continue, or whether instead the major averages are going to stop here at the level of the prior highs... Read More
Top Advisors Corner April 24, 2019 at 12:37 PM
SPX Monitoring purposes; Sold SPX 3/28/19 & 2815.44= gain .61%; Long 2798.36 & 3/25/19. Monitoring purposes GOLD: Long GDX on 1/29/19 at 21.96. Long Term Trend SPX monitor purposes; Long SPX on 10-19-18 at 2767.78 Not expecting a runaway market here... Read More
Top Advisors Corner April 18, 2019 at 01:51 PM
Back on March 22, I wrote here about how the price of lumber had lost its ability to correctly foretell several economic data series which tend to follow in lumber’s footsteps... Read More
Top Advisors Corner April 17, 2019 at 01:05 PM
SPX Monitoring purposes; Sold SPX 3/28/19 & 2815.44= gain .61%; Long 2798.36 & 3/25/19. Monitoring purposes GOLD: Long GDX on 1/29/19 at 21.96. Long Term Trend SPX monitor purposes; Long SPX on 10-19-18 at 2767... Read More
Top Advisors Corner April 12, 2019 at 12:56 PM
I have long advocated for the FOMC getting out of the business of setting short-term interest rates, and instead they should outsource that job to the 2-year T-Note yield... Read More
Top Advisors Corner April 10, 2019 at 01:10 PM
SPX Monitoring purposes; Sold SPX 3/28/19 & 2815.44= gain .61%; Long 2798.36 & 3/25/19. Monitoring purposes GOLD: Long GDX on 1/29/19 at 21.96. Long Term Trend SPX monitor purposes; Long SPX on 10-19-18 at 2767.78 Next week is options expiration week and the week before (i.e... Read More
Top Advisors Corner April 08, 2019 at 12:43 PM
http://schrts.co/EETcHtyM The power of this wave is illustrated here. The horizontal line is resistance and, as you can see, that resistance has stopped price many times. Two reactions here mark minor and major wave highs. The implications of this first recovery wave are great... Read More
Top Advisors Corner April 05, 2019 at 01:01 PM
VIX futures contracts have only been a thing since March 2004, and they were not a big thing when they first started... Read More
Top Advisors Corner April 03, 2019 at 12:50 PM
SPX Monitoring purposes; Sold SPX 3/28/19 & 2815.44= gain .61%; Long 2798.36 & 3/25/19. Monitoring purposes GOLD: Long GDX on 1/29/19 at 21.96. Long Term Trend SPX monitor purposes; Long SPX on 10-19-18 at 2767.78. Divergences are still present... Read More