Today I had the privilege of welcoming Tom McClellan to our webinar, whose parents developed the eponymous McClellan Oscillator. Picking up where his parents left off, Tom runs mcoscillator.com, a really phenomenal service for sentiment readers and market timers – and one I rely on. Every day, Tom puts a report together that covers the different aspects of the markets from his vantage point. It’s a great read, to put it mildly.
During the webinar, Tom told the story of how the McClellan Oscillator got started, and he shared different ways to assess of the markets based on readings. Tom and I both took questions at the end before I zipped through a “lightning round” of chart analysis. You’ll also hear our analysis of the current market environment and how things look going forward.