Top Advisors Corner September 29, 2023 at 01:16 PM
One of the not-too-surprising correlations in the financial markets is shown in this week's chart. There is a strong positive correlation between the dollar price of crude oil and the Canadian dollar-to-US dollar exchange rate... Read More
Top Advisors Corner September 27, 2023 at 02:34 PM
SPX Monitoring Purposes: Short SPX on 9/1/23 at 4515.77; cover short 9/5/23 at 4496.83 = gain .43%. Gain since 12/20/22: 15.93%. Monitoring Purposes GOLD: Long GDX on 10/9/20 at 40.78... Read More
Top Advisors Corner September 24, 2023 at 02:14 PM
The stock market suddenly has the look of a wounded prize fighter. And the bond market is bordering on being dysfunctional. In a word, the market is disoriented. Disorientation leads to mistakes. Don't be fooled... Read More
Top Advisors Corner September 22, 2023 at 02:59 AM
The proponents of Bitcoin (BTC) and other cryptocurrencies have long argued that it is like gold, serving as another venue for storing your wealth and not having it subject to the vicissitudes of fiat currencies... Read More
Top Advisors Corner September 19, 2023 at 03:57 PM
SPX Monitoring purposes; Short SPX on 9/1/23 at 4515.77; cover short 9/5/23 at 4496.83 = gain .43%. Gain Since 12/20/22: 15.93%. Monitoring Purposes GOLD: Long GDX on 10/9/20 at 40.78. Chart 1 This week is the weakest week of the year, according to seasonality... Read More
Top Advisors Corner September 17, 2023 at 02:58 PM
If your gut is telling you that something big is brewing in the markets, don't ignore it. The relationship between interest rates and stocks is about to be tested, perhaps in a big way... Read More
Top Advisors Corner September 13, 2023 at 08:36 PM
Back in March 2023, I wrote a piece here titled, "Three Signs Employment Is Going to Take a Hit". It looked at 3 different leading indication relationships that were all calling for a rise in the unemployment rate... Read More
Top Advisors Corner September 12, 2023 at 01:51 PM
SPX Monitoring Purposes: Short SPX on 9/1/23 at 4515.77; cover short 9/5/23 at 4496.83 = gain .43%. Gain since 12/20/22: 15.93%. Monitoring Purposes GOLD: Long GDX on 10/9/20 at 40.78... Read More
Top Advisors Corner September 10, 2023 at 04:47 PM
In uncertain times, selective investors will outperform the indexes. We're entering a market where external events and seasonal forces combine to increase uncertainty... Read More
Top Advisors Corner September 07, 2023 at 06:53 PM
There are fishhook structures forming in several indicators, and here is why we should be getting excited about that. A fishhook structure forms in a Price Oscillator or Summation Index chart when there is a brief reversal of trend that does not persist... Read More
Top Advisors Corner September 03, 2023 at 06:24 PM
The dog days of August are mercifully over. And as Wall Street gets back to work, new trends are emerging which could influence what the stock market does for the rest of the year... Read More
Top Advisors Corner September 01, 2023 at 02:24 PM
Some analysts talk about seasonality in gold prices, but this does not make sense because of a very important factor. Gold prices have a dominant 13.5-month cycle, not an annual cycle, and so looking at annual seasonality does not make for reliable projections. This 13... Read More