rssfeed

Chart In Focus

small chart

December 12, 2024

Gold’s Short Term Price Oscillator

The recent 4-day up move in gold futures prices has produced an interesting overbought condition that is worth talking about.  This week's chart is one I featured recently in my Daily Edition, talking about how when gold gets to a short term overbought condition like this it is a pretty good marker of a short term top.  Gold has since started dropping out of that overbought condition. Our Short Term Price Oscillator (STPO) is a variation on the regular McClellan Price Oscillator, which is the difference between the 10% Trend and 5% Trend of closing prices.  Some analysts may prefer to… more

 

Past Charts in Focus

Dec 05, 2024

small chart Presidential Cycle Effects With a New President

Nov 29, 2024

small chart Credit Spreads Tell A Story

Nov 21, 2024

small chart Sunspots: A Driver of Unemployment

Nov 14, 2024

small chart Post-Election Celebrations We Have Seen Before
 

Nov 07, 2024

small chart New York Rain and Stocks - - Silly, But Accurate

Nov 01, 2024

small chart Bond Yields Foretell Polling Data

Oct 25, 2024

small chart Reverse Repos Mitigate Fed’s QT

Oct 17, 2024

small chart Employment To Population Ratio Lagging
 

Oct 11, 2024

small chart SP500 Choppiness Index

Oct 04, 2024

small chart Deficits Are Horrible, But They Are Bullish

Sep 26, 2024

small chart The Great Unwinding of Stock Listings

Sep 19, 2024

small chart Trucking Data Show A Recession
 

Sep 12, 2024

small chart M2/GDP Tells Us About Inflation

Sep 06, 2024

small chart Wheat & Gold: The Long Cycle

Aug 28, 2024

small chart Yield Curve, Unemployment, and Sunspots

Aug 22, 2024

small chart Annual Seasonal Pattern’s Late Summer Dip
 

Aug 16, 2024

small chart Yen Spikes On Carry Trade Meltdown

Aug 09, 2024

small chart Fosback Absolute Breadth Indicator Shows the Oversold Condition

Aug 01, 2024

small chart VIX Futures Spread Indicator

Jul 25, 2024

small chart Sunspot Cycle Shows a Big Upturn for Unemployment
 

Jul 18, 2024

small chart Russell 2000 Relative Strength Going Too Far

Jul 11, 2024

small chart Performance Difference Between QQQ and QQEW

Jun 25, 2024

small chart McClellan Stock Optimizer Management Program

Jun 20, 2024

small chart Yield Curve’s 15-Month Lag
 

Jun 13, 2024

small chart Gold Shows a Type 2 Rainbow Convergence

Jun 07, 2024

small chart A-D Line Divergence Shows Bull Market Starting To Crack

May 31, 2024

small chart Uranium Blowoff Being Echoed by Gold

May 24, 2024

small chart Small Speculators in Crude Oil Are Still Eager
 

May 17, 2024

small chart A String of Up Fridays

May 09, 2024

small chart Gold Shows an Oil Price Bottom Ahead

May 03, 2024

small chart Cattle Prices Have Outrun Grain Prices

Apr 26, 2024

small chart Inflation Rising Right On Schedule
 

Apr 18, 2024

small chart Total Number of Stocks Is Shrinking

Apr 11, 2024

small chart Doctor Copper Has A Message On Inflation

Apr 05, 2024

small chart Bitcoin Matching Gold’s Footsteps

Mar 22, 2024

small chart More Food Inflation Is Coming
 

Mar 14, 2024

small chart Election Years Are Different

Mar 06, 2024

small chart Quiet McClellan Oscillator

Feb 22, 2024

small chart Crude Oil Says Stocks Heading for Unpleasant Time

Feb 14, 2024

small chart Taxes Will Bite the Stock Market
 

Feb 01, 2024

small chart HY Bond A-D Line Rehabilitates a Divergence

Jan 25, 2024

small chart Manheim Used Vehicle Index and M2

Jan 18, 2024

small chart Complex or Simple Structures, a Message About Who Is In Control

Jan 11, 2024

small chart Bitcoin ETF Approvals Likely Mark Important Price Top
 

Jan 04, 2024

small chart Seasonality Shows A January Dip

Dec 28, 2023

small chart IWM Shares Outstanding Rises With Small Cap Interest

Dec 21, 2023

small chart Plenty of Strength in HY Bond A-D Line

Dec 14, 2023

small chart HYG Shares Outstanding Showing Excessive Enthusiasm
 

Dec 08, 2023

small chart 1960s Analog Sees Inversion in 2023

Nov 30, 2023

small chart Weird Wednesdays for Put/Call Ratio

Nov 16, 2023

small chart Californians Caused Late October Dip (and Rebound)

Nov 09, 2023

small chart McClellan Oscillator for Investment Grade Bonds
 

Even More Past Charts