Guest: Tom McClellan brings us some interesting insight into the presidential cycle and how that may play out the remainder of the year. We also discuss the recent lack of volatility, the VIX Index as well as some of the economic indicators that we are looking forward to seeing in...
Last night I was reading some interesting commentary that stated that the Hindenburg Omen, a somewhat obscure technical indicator, had been triggered. However, just the day before, I was reading Tom McClellan’s daily commentary which explicitly stated that only parts of the equation that make up the signal had been...
Earlier in the week we discussed the divergence of the Spearman Indicator and how the indicator is used. It was also showing that there was more potential downside that could be coming as the breakdown and slope was providing downward pressure from an “overbought” condition.
With all of the bad news...
Just to state what we see – it looks as if the massive sell-off that occurred yesterday, “felt” like it is close to a capitulation bottom. That said, what any of us “feels” is unimportant. The market direction and volume is the best indicator and history has often shown that...
Chart In Focus – Oil Predicts Stock Market Dip
March 25, 2011
Just over a year ago, I looked at the 10-year leading indication that crude oil prices give for the stock market. It is time to take another look at that relationship, especially in light of the trouble ...
