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The Ord Oracle 2024-01-03

The document provides an analysis of market and investment updates from Tim Ord, Editor of ord-oracle.com. It summarizes returns for 2023, including a 28.12% gain for investments tracked by Ord and a 23.38% gain for the S&P 500. It also notes recent signals that the market may be near a short-term low based on indicators like the 10-day TRIN. Updates are provided on gold mining ETF GDX and trends in the premium for the Sprott Gold Trust that suggest potential upside for GDX.

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Ryan Reitz
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0% found this document useful (0 votes)
184 views4 pages

The Ord Oracle 2024-01-03

The document provides an analysis of market and investment updates from Tim Ord, Editor of ord-oracle.com. It summarizes returns for 2023, including a 28.12% gain for investments tracked by Ord and a 23.38% gain for the S&P 500. It also notes recent signals that the market may be near a short-term low based on indicators like the 10-day TRIN. Updates are provided on gold mining ETF GDX and trends in the premium for the Sprott Gold Trust that suggest potential upside for GDX.

Uploaded by

Ryan Reitz
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PDF, TXT or read online on Scribd
You are on page 1/ 4

01/03/24

The All New Market Analysis

Tim Ord, Editor 16928 Van Dorn Street Walton, Nebraska 68461
www.ord-oracle.com (402) 413-0980. [email protected]

SPX Monitoring purposes; Long SPX 1/2/24 at 4742.83.


Our Gain since 1/1/23 SPX= 28.12%; SPX gain 23.38%
Monitoring purposes GOLD: Long GDX on 10/9/20 at 40.78.
We have "800" phone update that cost $6.00 per call, and billed to a credit card. Call (1-970-586-4760) for sign up.
We update Eastern Time at 9:45 and 4:10. Question? Call (402) 413-0980.

Our gain for 2023 came in at 28.12% and SPX gain for 2023 came in at 23.38. We made 8 SPX trades with
one loss and 7 wins in 2023.
Above is the daily SPY. The SPY was up 5 days in a row going into 12/28/23 high. Five up days in a row predict
market will be higher within five days 83% of the time. The bottom window is the 10 day TRIN which stands at
1.20 as of Friday’s close. Ten days TRINS of 1.20 and higher shows there is panic in the market and panic forms at

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. Copyright 1996-2023. To unsubscribe email to [email protected].
01/03/24

lows. It appears the market is near a short term low. Long SPX on 1/2/24 at 4742.83. Join me on TFNN.com
Tuesday 3:30 Eastern; Thursday 3:20 Eastern, Tune in.

The middle window is the weekly VIX/VVIX ratio. This chart goes back to mid 2016. We noted with
blue arrows the times when the weekly SPY was making higher highs and the weekly VIX/VVIX ratio
was making higher lows which is a bearish divergence. This divergence was suggesting the SPY was
nearing an intermediate term high (which it was). Currently the weekly SPY is making higher highs and
2

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. Copyright 1996-2023. To unsubscribe email to [email protected].
01/03/24

weekly VIX/VVIX ratio is making lower lows which suggest a positive divergence for the SPY in the
coming months. Join us at @OrdOracle

The bottom window is the daily GDX and next higher window is the Sprott physical gold Trust (premium/
discount price). The premium/discount price measure the price of purchasing of the Sprott GoldTrust.
Right now one can buy the Sprott gold Trust at a 2.13% discount. Previous times when the discount as
3

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. Copyright 1996-2023. To unsubscribe email to [email protected].
01/03/24

been 2% or less, GDX has been near a low (marked with dotted red lines). Seasonality is bullish starting
in mid December and running to mid January. Evidence suggests there is more room to the upside for
GDX over the next couple of weeks. Book release "The Secret Science of Price and Volume" by Timothy
Ord, buy 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. Copyright 1996-2023. To unsubscribe email to [email protected].

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