Future Retirement Success
  • Politics
  • Business
  • Investing
  • Stocks
  • Politics
  • Business
  • Investing
  • Stocks

Future Retirement Success

Stocks

The Ord Oracle November 13, 2023

by November 14, 2023
November 14, 2023
The Ord Oracle November 13, 2023

SPX Monitoring Purposes: Long SPX 10/27/23 at 4117.37.
Gain Since 12/20/22: Over 23%.
Monitoring Purposes GOLD: Long GDX on 10/9/20 at 40.78.

Above is a sentiment indicator which is the CBOE 5- and 21-day equity put/call ratio. The red lines and pink-shaded areas are times when the 5- and 21-day equity put/call ratio reached bullish levels for the market. It’s interesting that the SPX went straight up over the last couple of weeks, while the put/call players lean solidly bearish both on the weekly and monthly timeframe, which in turn is bullish. There could be a consolidation this week, but next week (Thanksgiving week), seasonality leans bullish and, with the put/call ratio remaining in bullish territory, the SPX rally may continue. We are long SPX 10/27/23 at 4117.37.

Join me on TFNN.com Tuesday 3:30 Eastern Time and Thursday 3:20 Eastern Time.

This week is the 10th-worst week of the year for performance and could see a pullback. The bottom window is the 10-day average of the TRIN. Readings near 1.20 and higher are bullish for the market; the current reading is 1.17, which leans bullish. The next higher window is the VIX. Readings below 17 suggests the market is in a trending mode (current reading is 14.62). Also notice that the SPY has made higher highs and the VIX has flipped sideways over the last several days, which is a negative divergence. There is a possibility of a pullback, but 10-day TRIN and pull/put call ratio (page 1) suggests ultimately the market will move higher.

Tim Ord,

Editor

www.ord-oracle.com. Book release “The Secret Science of Price and Volume” by Timothy Ord, buy at www.Amazon.com.

Signals are provided as general information only and are not investment recommendations. You are responsible for your own investment decisions. Past performance does not guarantee future performance. Opinions are based on historical research and data believed reliable; there is no guarantee results will be profitable. Not responsible for errors or omissions. I may invest in the vehicles mentioned above.

0
FacebookTwitterGoogle +Pinterest
previous post
More Bad News for Link Taxes, Eh?
next post
Sector Spotlight: Sector Rotation and Macro Insights for the Economic Cycle!

You may also like

Why ADX Can Mislead You — And How...

June 4, 2025

DP Trading Room: Home Affordability Down 50%!

September 19, 2022

‘Outrun the Bear’ With This Indicator

November 17, 2022

Personalized Options Trading Strategies: Discover High-Yield Covered Calls...

April 29, 2025

Investing with the Trend: Appendix

June 13, 2024

Breadth Indicators Illustrate Recent Dire Conditions

October 10, 2023

Timing the Market With the WillTrend Indicator

September 20, 2023

The Ord Oracle October 10, 2023

October 11, 2023

Mish’s Daily: Why Higher Inflation Matters and Transportation...

September 13, 2022

Check Out This Economic Indicator

April 21, 2023

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free

    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • Trump ally stands firm against ‘big, beautiful bill’ despite pressure: ‘It’ll completely backfire’

      June 8, 2025
    • Rubio condemns assassination attempt on Colombian presidential candidate Miguel Uribe

      June 8, 2025
    • Obama WH physician says Biden doc should have performed cognitive test

      June 8, 2025
    • Trump warns of ‘serious consequences’ if Elon Musk funds Democrats

      June 7, 2025
    • Musk jokes about reconsidering stance on Big Beautiful Bill after Schiff’s praise

      June 7, 2025
    • Musk deletes explosive posts about Trump and Epstein files

      June 7, 2025

    Categories

    • Business (8,152)
    • Investing (2,019)
    • Politics (15,571)
    • Stocks (3,136)
    • About us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: futureretirementsuccess.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 futureretirementsuccess.com | All Rights Reserved