Top Advisors Corner May 30, 2019 at 05:39 PM
Years ago, market analyst Norm Fosback came up with his 21-day Absolute Breadth Ratio, which looks at the absolute value of the daily Advance-Decline (A-D) difference and normalizes it by dividing by the sum of Advances plus Declines (A+D)... Read More
Top Advisors Corner May 29, 2019 at 01:22 PM
SPX Monitoring purposes: Neutral Monitoring purposes GOLD: Long GDX on 1/29/19 at 21.96. Long Term Trend SPX monitor purposes: Sold long SPX on 5/6/19 at 2932.61= gain 5.96%. We don’t have it shown, but the “3-day average of the Equity Put/Call ratio” stands at ... Read More
Top Advisors Corner May 23, 2019 at 01:13 PM
The Baltic Dry Index (BDI) measures shipping rates on a type of cargo ship which hauls “dry” cargo, such as iron ore, coal, etc., as opposed to tankers hauling oil or container ships hauling big steel boxes of stuff... Read More
Top Advisors Corner May 22, 2019 at 01:37 PM
SPX Monitoring purposes: Neutral Monitoring purposes GOLD: Long GDX on 1/29/19 at 21.96. Long Term Trend SPX monitor purposes: Sold long SPX on 5/6/19 at 2932.61= gain 5... Read More
Top Advisors Corner May 16, 2019 at 04:29 PM
The sharp decline in crude oil prices in Q4 of 2018 helped to take down the stock market in sympathy. And then the rapid rebound by oil has coincided with a robust rebound in stock prices, with strong breadth numbers to help confirm the stock market’s strength in 2019... Read More
Top Advisors Corner May 15, 2019 at 01:21 PM
SPX Monitoring purposes: Sold long SPX on 5/13/19 at 2811.87 = loss 2.05%; Long 5/9/19 at 2870.72. Monitoring purposes GOLD: Long GDX on 1/29/19 at 21.96. Long Term Trend SPX monitor purposes: Sold long SPX on 5/6/19 at 2932.61= gain 5.96%... Read More
Top Advisors Corner May 09, 2019 at 08:17 PM
There was a small dip in the number of job openings in February 2019, causing a bit of alarm among some labor economists. But it recovered part way in March, the latest month for which data are available... Read More
Top Advisors Corner May 08, 2019 at 01:24 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; Sold long SPX on 5/6/19 at 2932.61= gain 5.96%: Long SPX on 10-19-18 at 2767... Read More
Top Advisors Corner May 03, 2019 at 05:12 PM
A little bit of fear over the old saying about “Sell in May and go away” has led the VIX Index to pop up through its 50-day moving average (50MA), but stop right at its upper 50-1 Bollinger Band... Read More
Top Advisors Corner May 01, 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... Read More