Top Advisors Corner February 28, 2021 at 06:22 PM
The Federal Reserve is clenched in a cage match with the bond market from which there is no escape for them or for the markets. Point in fact were the technical sell signals in the major indices and the increasing weakness in the market's breadth, as I detail below... Read More
Top Advisors Corner February 26, 2021 at 12:09 PM
Liquidity is bullish for the stock market. It is even more bullish for small-cap stocks and other types of issues which are more sensitive to liquidity. That is why indicators like the A-D Line are so useful for gauging the health of the liquidity pool... Read More
Top Advisors Corner February 23, 2021 at 07:30 PM
SPX Monitoring Purposes: Long SPX on 2/22/21 at 3876.50 Monitoring Purposes GOLD: Long GDX on 10/9/20 at 40.78 Long Term SPX Monitor Purposes: Sold long SPX on 1/15/21 at 3768.25= gain 10.80%; Long SPX on 10/26/20 at 3400.97 Yesterday, we said "Last Thursday the TRIN closed at 1... Read More
Top Advisors Corner February 21, 2021 at 05:57 PM
The battle between bond traders and the Federal Reserve is starting to heat up as bond yields wrestle with crucial overhead resistance and the broad market continues in lockstep with bond yields... Read More
Top Advisors Corner February 19, 2021 at 10:55 PM
A year ago, I wrote here about how the nature of structures in the McClellan A-D Oscillator carries important information about what lies ahead. A "complex" structure is one that features chopping up and down without a crossing of the zero line... Read More
Top Advisors Corner February 16, 2021 at 12:57 PM
Constant Fed liquidity is only one reason for the recent rise in stock prices. In fact, there is now evidence of a second and equally important source of capital that is steadily moving into stocks: money exiting the bond market... Read More
Top Advisors Corner February 12, 2021 at 11:36 AM
This article originally appeared in the Jan. 6, 2021 issue of The McClellan Market Report. Watching the money supply numbers used to be a favorite activity of traders and investors back in the late 1960s and nearly 1970s, and below I will show you why... Read More
Top Advisors Corner February 10, 2021 at 12:15 PM
SPX Monitoring Purposes: Long SPX on 2/9/21 at 3911.23 Monitoring Purposes GOLD: Long GDX on 10/9/20 at 40.78. Long Term SPX Monitor Purposes: Sold long SPX on 1/15/21 at 3768.25= gain 10.80%; Long SPX on 10/26/20 at 3400.97... Read More
Top Advisors Corner February 08, 2021 at 07:10 PM
Most individual and professional investors would agree that the day-to-day twists and turns in the stock market, and the intraday volatility, have significantly increased over the past few years... Read More
Top Advisors Corner February 08, 2021 at 11:42 AM
Anyone, myself included, who thought the stock market might crash last week now knows that the Fed's QE is, at the moment, in full control of trading behavior as, once the dust cleared from the "Reddit short squeeze," it was back to business as usual... Read More
Top Advisors Corner February 05, 2021 at 11:48 AM
I am always on the search for signs of liquidity problems, and Advance-Decline (A-D) Lines are among the best voices to tell us about such problems. It takes a lot of money being thrown at the stock market to lift the majority of stocks... Read More
Top Advisors Corner February 03, 2021 at 11:12 AM
SPX Monitoring Purposes: Long SPX 1/29/21 at 3714.04 Monitoring Purposes GOLD: Long GDX on 10/9/20 at 40.78. Long Term SPX Monitor Purposes: Sold long SPX on 1/15/21 at 3768.25= gain 10.80%; Long SPX on 10/26/20 at 3400.97... Read More