McClellan Summation Index

McClellan Summation Index

  Sometimes the stock market is quiet, and there isn’t a whole lot of price movement in either direction. But other times, the market gets excited and surges powerfully in a particular direction. We call this sharp shift in sentiment a “thrust.” One of our...
Gathering Steam

Gathering Steam

OVERVIEW   U.S. stocks rallied last week, with the S&P 500 climbing 2.47%. The Dow Jones Industrial Average rose 1.81%, and the Nasdaq Composite surged 4.32%. Growth stocks were out in front of the rally, swelling 3.34% for the week, whereas value stocks rose...
Leading the Way

Leading the Way

  This week, I want to spotlight a research tool that does a great job of telling us where the stock market is likely headed next. It’s called the Leading Indicator Model. As the name implies, the model consists of 10 indicators with a history of leading the...
Big Mo

Big Mo

  Big Mo, or “Big Momentum,” is an indicator we use to measure the trend and momentum of the stock market. It’s one of the best tools around for measuring the technical health of the broader equity market. It does this by combining over 100 component indicators...