Top Advisors Corner February 26, 2015 at 01:58 PM
I wrote back in 2011 that the Fed could do a lot better with interest rate policy if the FOMC would just outsource the decision making task to the bond market, specifically the 2-year T-Note yield. The point is still the same, and the FOMC is still seemingly unaware... Read More
Top Advisors Corner February 25, 2015 at 02:17 PM
Monitoring purposes SPX: Long SPX on 2/3/15 at 2050.03. Monitoring purposes GOLD: Gold ETF GLD long at 173.59 on 9/21/11 Long Term Trend monitor purposes: Flat This chart looks at the short term picture for the SPY... Read More
Top Advisors Corner February 23, 2015 at 04:00 PM
The market two good reasons to sell a bit on Monday. First, there was the overbought condition on the Nasdaq 100, and second, there was caution ahead of Yellen's testimony before Congress on Tuesday and Wednesday. That was enough to keep the buyers away for a day... Read More
Top Advisors Corner February 23, 2015 at 12:30 PM
Only The ECB / Greek deal - is actually more frozen than the ice storms the USA is dealing with this week. Ours will melt; Europe's only slightly defrosted as it simply 'kicks the can' down the road by 4 months... Read More
Top Advisors Corner February 20, 2015 at 03:25 PM
All eyes on Europe this week with the GREXIT bluffing drama reaching a climax. More generally, Europe has been in the limelight since the beginning of the year: GREXIT, ECB Bond purchases, war in Ukraine, SNB’s surprise announcement... Read More
Top Advisors Corner February 20, 2015 at 11:45 AM
Western Candlestick Patterns Retail technical traders often struggle with determining when and how to enter a stock, how long to hold the stock, how to determine the gain potential, and when and how to exit a stock... Read More
Top Advisors Corner February 20, 2015 at 10:41 AM
The latest news from the American Institute of Architects (AIA) has some economists alarmed, because it shows a potential shrinkage in housing related activity... Read More
Top Advisors Corner February 18, 2015 at 02:40 PM
Monitoring purposes SPX: Long SPX on 2/3/15 at 2050.03. Monitoring purposes GOLD: Gold ETF GLD long at 173.59 on 9/21/11 Long Term Trend monitor purposes: Flat Timers Digest recorded the Ord Oracle #6 in performance for 3 months updated February 13, 2015... Read More
Top Advisors Corner February 17, 2015 at 11:33 AM
Inquiring minds - in the days ahead, might start to wander away from what has been 'roses for bulls' and 'thorns for bears' ahead of Valentine's Day, instead contemplate why a quick run-up to new highs. (Details are mostly reserved... Read More
Top Advisors Corner February 13, 2015 at 03:20 PM
Quantity Indicators Allow For Early Entry All indicators have limitations, market conditions where the indicator fails or does not provide a true positive or negative pattern, or simply is unable to keep up with the speed of momentum price or volume activity... Read More
Top Advisors Corner February 13, 2015 at 03:00 PM
In our late December year end review, we gave the current cyclical upturn the benefit of the doubt... Read More
Top Advisors Corner February 12, 2015 at 12:47 PM
There is information about the future of the euro, and it is hidden in plain sight, right in the chart of crude oil prices. This week’s chart reveals that relationship, which is yet another example in a long series of what I call “liquidity wave” relationships... Read More
Top Advisors Corner February 12, 2015 at 11:11 AM
Monitoring purposes SPX: Long SPX on 2/3/15 at 2050.03. Monitoring purposes GOLD: Gold ETF GLD long at 173... Read More
Top Advisors Corner February 09, 2015 at 01:10 PM
Market vulnerability - is actually elevated by virtue of not only higher levels (a further divorce from reality); by a renewal of overbought technical aspects; by a paucity of favorable earnings or 'policy' pronouncements ahead; but also by increased realization monetary policy i... Read More
Top Advisors Corner February 08, 2015 at 02:30 PM
The top chart, as is obvious, is the present state of the naked mud wrestling contest. Close your eyes and throw a dart, because there is no winning a contest of this sort -- except by not participating. It does show the stops -- ignore them at your peril... Read More
Top Advisors Corner February 06, 2015 at 12:10 PM
After many months of low activity, markets finally got going mid last year. Was it the anticipation of an end to US QE, war in Ukraine, the Saudis dumping oil, Abenomics, the SNB’s surprise move, GREXIT or anticipation of ECB’s own QE? It was probably a bit of all... Read More
Top Advisors Corner February 06, 2015 at 12:08 PM
Shrinking Candlesticks and Falling Volume One of the more important Spatial Pattern Recognition Skills™ that technical traders need to be able to quickly identify, especially during a sideways price action is the negative divergence between Price and Volume... Read More
Top Advisors Corner February 06, 2015 at 11:54 AM
QQQ is the ETF which tracks the Nasdaq 100 Index, and even though that index is only down 2.7% from its recent multi-year high, investors have been fleeing out of QQQ for the past few months... Read More
Top Advisors Corner February 05, 2015 at 12:00 PM
Monitoring purposes SPX: Long SPX on 2/3/15 at 2050.03. Monitoring purposes GOLD: Gold ETF GLD long at 173... Read More
Top Advisors Corner February 04, 2015 at 01:01 PM
Rationales & Targets The most distressing development since our last issue was seeing major banks take out their December lows with a vast amount of room to spare... Read More
Top Advisors Corner February 03, 2015 at 11:00 AM
The market tried higher in the morning on Monday only to see the rally sell off quite fast. The usual market swings took place for the rest of the day until about 45 minutes left in the session. From there the daily index charts all put in bottoming candles... Read More
Top Advisors Corner February 03, 2015 at 10:50 AM
The January 'barometer' - worked-out exactly as we projected; defying the historical rationale about years ending in 5; or post-midterm years. What for sure we mentioned others didn't, was that you 'never' had this many years of upward action, where the next year was also up... Read More
