Top Advisors Corner

April 2019

Top Advisors Corner

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Tom McClellan: Lofty RASI Says Uptrend Is Not Done Yet

by Tom McClellan

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 

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Tim Ord: The Ord Oracle April 23, 2019

by Tim Ord

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 

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Tom McClellan: Lumber Gets Its Mojo Back

by Tom McClellan

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 

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Tim Ord: The Ord Oracle April 17, 2019

by Tim Ord

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 

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Tom McClellan: 2-Year Yield and Fed Funds Finally in Balance

by Tom McClellan

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 

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Tim Ord: The Ord Oracle April 9, 2019

by Tim Ord

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 

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W.H.C. Bassetti: The snowball...

by W.H.C. Bassetti

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 

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Tom McClellan: VIX Futures Open Interest

by Tom McClellan

VIX futures contracts have only been a thing since March 2004, and they were not a big thing when they first started... Read More 

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Tim Ord: The Ord Oracle April 2, 2019

by Tim Ord

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