NYSE McClellan Oscillator
Don’t Tug On Superman’s Cape
You can put aside your fancy chart patterns, and your in-depth fundamental analyses. The Fed is now in charge of everything, and the Fed is buying. As the late Martin Zweig advised, “Don’t fight the Fed.”
After 10 years of having stimulative interest rate policy, the Fed started having restrictive short term rates. We say that based on a comparison between the Fed Funds target rate and the 2-year T-Note yield, shown in the chart above. The 2-year T-Note yield is the best guide for where... Read More
NYSE: 04/09/2020
| Issues | Volume(000s) | ||
| Advances | 2584 | 6236922 | |
|---|---|---|---|
| Declines | 422 | 1662721 | |
| Difference | 2162 | 4574201 | |
| 10% Trend | 460 | . 226 | 1083721 |
| 5% Trend | 99 | . 593 | 187836 |
| McC OSC | 360 | . 633 | 895885 |
| PRIOR McC OSC | 280 | . 094 | 738915 |
| SUMM Index | -1249 | . 760 | -6184600 |
| PRIOR SUMM Index | -1610 | . 393 | -7080485 |
| A-D for OSC UNCH | 821 | 1980 * | |
| A-D for OSC=0 | -6392 | -15938 * | |
| *million shares | |||
| DJIA Close | 23719.37 | ||
| PRIOR Close | 23433.57 | ||
| DJIA CHG | 285.80 | ||
| DOW Price OSC | -1176.60 | ||
| PRIOR DOW Price OSC | -1313.94 | ||
| Price OSC UNCH'D | 21253.20 | ||
Daily Oscillator Data (.xls)
Extended Data
All of this data, plus a lot more, is available on our Daily Edition along with charts and analysis. See our Market Reports page to get the bigger picture.
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.