Home / Posts tagged 'McClellan Chart in Focus'
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McClellan Chart In Focus: When Underperformance Reaches An Extreme – By Tom McClellan
When small cap stocks are outperforming on a relative basis, that is usually a bullish sign for the overall...
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McClellan Chart In Focus: High Yield Bonds Back to Bullish Mode – By Tom McClellan
June 06, 2019 The month of May 2019 gave us a scary-feeling selloff, as tariff worries gripped investors’...
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McClellan Chart In Focus: Fosback Absolute Breadth, An Old Indicator That is Still Useful – By Tom McClellan
Years ago, market analyst Norm Fosback came up with his 21-day Absolute Breadth Ratio, which looks at the absolute...
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McClellan Chart In Focus: Baltic Dry Index Leads Stock Prices – By Tom McClellan
The Baltic Dry Index (BDI) measures shipping rates on a type of cargo ship which hauls “dry” cargo, such...
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McClellan Chart In Focus: JOLTS Data Stumble, but A-D Line Says Don’t Worry – By Tom McClellan
May 09, 2019 There was a small dip in the number of job openings in February 2019, causing a bit of alarm...
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McClellan Chart in Focus: A New VIX Indicator (That’s Really Not All That New) – By Tom McClellan
A little bit of fear over the old saying about “Sell in May and go away” has led the VIX Index to pop...
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McClellan Chart in Focus: 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...
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McClellan Chart in Focus: 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...
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McClellan Chart in Focus: 2-Year Yield and Fed Funds Finally in Balance – By Tom McClellan
April 12, 2019 I have long advocated for the FOMC getting out of the business of setting short term interest...
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McClellan Chart in Focus: 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...