#193 'The Bulls Are No Longer In Charge' — Tom McClellan On What The Market Is Signaling Right Now

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Tom McClellan, editor of The McClellan Market Report, and a prominent figure in the field of stock market analysis and technical analysis, joins Julia La Roche on episode 193 to share his views on the economy and markets in a presentation of charts.

Tom is the son of Sherman and Marian McClellan, who are recognized for creating the McClellan Oscillator and Summation Index in 1969. Tom McClellan has done extensive analytical spreadsheet development for the stock and commodities markets, including the synthesizing of the four-year Presidential Cycle Pattern.  He is a graduate of the U.S. Military Academy at West Point and served as an Army helicopter pilot for 11 years.

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Timestamps:

0:00 Welcome back Tom

1:00 Where we are today in the markets

2:00 McClellan Oscillator showing the bulls are no longer in control

6:30 Presidential Cycle Pattern

10:50 Liquidity

12:40 Gold

20:29 Japanese Yen

22:00 Mexican Peso

23:25 Gold

25:25 Dollar

31:40 McClellan Oscillator explained, signaling an overbought and bearish condition in the markets

33:16 Are recession signals flashing in the market?

36:00 Demographics

38:27 Market timing

40:41 Federal Reserve is 13 months overdue for cutting

43:00 Presidential Cycle

46:29 Parting thoughts

Links:  

https://www.mcoscillator.com/

https://twitter.com/McClellanOsc