NYSE McClellan Oscillator
Inverted Yield Curve Means 2024 Bottom
The Fed’s rate hiking at the short term end of the maturity spectrum is outpacing the rise in long term yields, which is resulting in an inverted yield curve. The term “yield curve” refers to the yield on every maturity from 1-week to 40 years, which is difficult to portray in its entirety, especially as it changes over time. This week’s chart looks at one snapshot out of the whole yield curve, the spread between the rates on 10-year and 1-year T-Notes. It is now negative, meaning that the... Read More
NYSE: 10/04/2022
| Issues | Volume(000s) | ||
| Advances | 2838 | 4844073 | |
|---|---|---|---|
| Declines | 452 | 234975 | |
| Difference | 2386 | 4609098 | |
| 10% Trend | -138 | . 613 | -62646 |
| 5% Trend | -224 | . 576 | -218743 |
| McC OSC | 85 | . 963 | 156097 |
| PRIOR McC OSC | -57 | . 151 | -108889 |
| SUMM Index | -2019 | . 428 | -3592299 |
| PRIOR SUMM Index | -2105 | . 391 | -3748396 |
| A-D for OSC UNCH | -53 | 93 * | |
| A-D for OSC=0 | -1772 | -3028 * | |
| *million shares | |||
| DJIA Close | 30316.32 | ||
| PRIOR Close | 29490.89 | ||
| DJIA CHG | 825.43 | ||
| DOW Price OSC | -720.33 | ||
| PRIOR DOW Price OSC | -760.92 | ||
| Price OSC UNCH'D | 29550.28 | ||
Daily Oscillator Data (.xls)
Extended Data
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Historical Data
Historical breadth, volume, and NH-NL data are available for purchase and download.
Market Breadth Data Notes
- We use WSJ/Barron's data for our final breadth numbers. Calculations made on numbers from other sources will show a slightly different result.
- We wait until late in the day in order to have access to the "final" numbers.
- This reflects final readings for the indicators covered.
- Values for indicators calculated using preliminary numbers released just after the close usually differ slightly from these numbers.
- We usually recommend that readers keep their own data for themselves, but this is a useful way to check and see if your numbers agree with ours.
Starting 3/8/2012:
NYSE Up Volume & Down Volume data will report composite trading volume.
3/7/2012 and before:
Reports NYSE floor trading volume, as has been our long standing practice.