NYSE McClellan Oscillator

The Baby Boom started in 1946, and continued through 1964.  Boomers saw their first instance of a financial bubble in the 1970s when gold was finally released from its permanent fix to the dollar, and was allowed to float.  It went from $42 to $900 in a decade, then collapsed throughout the 1980s. 

After the gold bubble of the 1970s, Boomers and others swore they would never get caught up in another bubble in something as frivolous as gold.  No, no, from now on they would only invest in things that actually had earnings, like technology stocks.

After the Internet bubble hit its peak in 2000, Boomers swore they would never invest in something ephemeral like Internet stocks.  From now on, they would stick to... Read More

We do a lot of work with Advance-Decline (A-D) statistics, and some people may not be aware that the same sort of analysis can be done on Up Volume and Down Volume (UV-DV) data.  In the same way that we add up all of the past values of advances and declines to construct a cumulative A-D Line, we can also construct a cumulative UV-DV Line, also called a Daily Volume Line.

One big difference between the two is that every listed issue gets exactly one vote per day in the A-D statistics.  But the voting is unlimited when looking at the volume statistics, so heavier volume days can move the Daily Volume Line more.  Stocks that trade more shares also get to vote more, which may or may not be problematic.

When comparing... Read More