Tom McClellan archives 09/13/2024 Wheat & Gold: The Long Cycle 08/23/2024 Yen Spikes On Carry Trade Meltdown 08/01/2024 Sunspot Cycle Shows a Big Upturn for Unemployment 05/29/2024 Warnings Of An Approaching Market Sell-Off | 04/19/2024 Doctor Copper Has A Message on Inflation 03/29/2024 More Food Inflation Is Coming 02/19/2024 Taxes Will Bite the Stock Market 10/26/2023 Revisiting 1987 and Fishhooks 10/05/2023 Crude Oil Disagreeing with the Canadian Dollar 09/20/2023 Gold Starting New 13-1/2 Month Cycle 08/30/2023 M2 Continues to Fall, Making Stocks Overvalued 08/22/2023 CEF Share Price Discount is a Sentiment Tool For Gold 08/16/2023 DJIA/Gold Ratio vs. Consumer Sentiment 06/28/2023 Gold Chart Looks a Lot Different In Other Currencies 06/09/2023 Gold’s Model Calls For Crude Oil Bottom 03/31/2023 Baltic Dry Index As Leading Indication 02/02/2023 Gold’s Price Oscillator 01/19/2023 Stock Market Finally Breaking 2008 Analog 12/09/2022 The Gold Move that ETF Traders Were Not Betting On 09/03/2022 Sprott Physical Gold Trust As A Sentiment Tool 08/11/2022 Gold ETFs Being Shunned During Price Upturn 07/05/2022 Silver’s Small Speculators Are Giving Up Hope 06/01/2022 Gasoline Consumption Rebounding, But Still Down 05/11/2022 The Bad Things That QT3 Will Bring 04/12/2022 T-Bond Yields Following Gold’s Footsteps 03/31/2022 Unemployment Rate Will Turn Up 02/27/2022 Tin and the Dollar: A Curious Relationship 01/26/2022 The Baltic Dry Index’s Imperfect Message for Stocks 01/20/2022 Bond CEF A-D Line Showing Liquidity Problems 12/22/2021 The Planet Has Something to Say About Inflation Being “Transitory” 12/06/2021 An Oversold 10% Trend of Daily A-D 12/04/2021 RASI Failed At +500, Bad News For Bulls 11/17/2021 Borrowing a Sentiment Tool From the Yen To Use With Gold 11/04/2021 Uranium’s Message For Gold into 2022 10/06/2021 Gold Says Oil Prices Heading Higher into 2022 09/19/2021 Seasonal Stress Sparks Sentiment Swoon 08/31/2021 A-D Line’s Troubling Divergence 06/29/2021 VIX Open Interest Is Falling, Which is NOT a Feature of Price Tops 06/24/2021 Tin Has a Message For the Dollar 06/15/2021 Seasonality Versus The Fed 06/01/2021 Real Estate Boom in 2021 is Fueled By Demographics 05/26/2021 Pause Coming For The Rise In Interest Rates 05/19/2021 GLD Assets Still Lagging Gold’s Rise 05/11/2021 Gold’s 13-1/2 Month Cycle In Up Phase 05/05/2021 How Valuation Behavior Has Changed Over The Years 03/24/2021 Are Deficits Bullish For Gold? 03/03/2021 Yield Curve Steepening, and Small Caps 12/23/2020 Bitcoin as Messenger 11/19/2020 Bumpy Price Oscillator in GDM 11/12/2020 Post El Niño Cooling Means a Bottom Soon For Bond Yields 11/04/2020 Stocks and Polls - Different This Time? 10/21/2020 Gold Prices Lead Interest Rates 09/23/2020 Is QE Good For Gold Prices? 08/31/2020 Rainbow Convergence In T-Bond Prices 08/05/2020 Corn and Wheat Prices Headed Higher 07/23/2020 Crude Oil: Uptrend to October 07/15/2020 Traders Chase QQQ, “The Only Thing Working” 06/17/2020 Rogue Wave Follow Up 05/31/2020 Unemployment Is Not “Good”, But It Is Bullish 04/06/2020 Sudden Surge in Bearishness 03/04/2020 Fed Pulling Back from Repos at The Wrong Time 02/24/2020 It Takes 15 Months for Yield Curve Inversion To Be Felt 02/06/2020 How are Stocks Going Up While Earnings Go Down? 01/15/2020 VIX Is Not Confirming Higher Prices 01/09/2020 Fed Funds COT Leading Indication 12/31/2019 Gold COT Data Call for More of a Drop 12/18/2019 Big Rise Coming in Food Prices 10/22/2019 Eurodollar COT Model Calls For Continued Rates Drop 09/24/2019 Yield Curve and Small Caps 09/15/2019 Trump Thinks He Wants Low Rates Like Europe, But Be Careful What You Ask For 09/10/2019 Bond Yields Stretched Far From Oil’s Message 09/02/2019 Crude Oil’s 10-Year Message 08/22/2019 Inverted Yield Curve, and Small Caps 08/04/2019 Quiet McClellan Oscillator is a Tell For a Top 07/23/2019 QQQ Volume Showing Us Sign of a Top 05/27/2019 Baltic Dry Index Leads Stock Prices 05/06/2019 A New VIX Indicator (That’s Really Not All That New) 03/18/2019 Price = Sentiment 02/28/2019 Gold’s Fellow Travelers Refute Its Higher High 01/14/2019 Crude Oil Leads Bond Yields 01/07/2019 Santa Claus’ Report Card Is In 12/31/2018 Finally a 10-1 Up-Volume Day 12/10/2018 Mortgage Rates Explain Housing Weakness 11/17/2018 Oil’s Drop Bigger Than Called For, But Right On Schedule 11/11/2018 Sunspots and the Stock Market: A Weak Relationship 10/01/2018 Ten Hindenburgs So Far 09/23/2018 Gold Now Bound to the Yuan 09/08/2018 DJIA/Gold Ratio 09/03/2018 Deja Voodoo, 1994 Edition 08/05/2018 Investors Intelligence Bull-Bear Spread 06/10/2018 Stalled Gold Price Fueling Disinterest 05/06/2018 Gold/Silver Ratio 05/02/2018 Deficits and Gold 04/01/2018 Crude Oil Swooping Up On Schedule 03/01/2018 Volatility and Interest Rates 02/14/2018 Big Change In Bull-Bear Spread 02/08/2018 VIX Spike Takes it Above All of its Futures 01/27/2018 Finally, An Actual Use For Bitcoin 01/21/2018 Ending How It Began (Parabolically)? 01/06/2018 Gold in Euros Not Confirming 01/02/2018 Gold’s 8-year Cycle 12/12/2017 The McClellan Market Report (snippet): Gold 11/28/2017 Running Out of Workers 11/23/2017 China’s 10-year Yield Bumping 4% 10/07/2017 Another Narrow Range for McClellan Oscillator 10/05/2017 Gold (snippet) 10/01/2017 Coppock Curve for DJIA Getting Up to High Level 09/17/2017 Silver COT: Commercials Betting Against Breakout 09/09/2017 Gold’s 13-1/2 Month Cycle: Right Translation 09/04/2017 GLD Assets Spike Higher 08/06/2017 DJIA Arriving at the Real Seasonal Peak 06/10/2017 The Unexplainable 4-Year Rerun 04/18/2017 Gold Resolves Some Bearish Divergences 03/14/2017 Huge Imbalance in Crude Oil Positions 02/01/2017 Bitcoin is a Bubble We’ve Seen Before 01/23/2017 High AMO Says Rates Should Stay Low 01/09/2017 Debt or DJIA: Who Gets to 20* First? 12/17/2016 Lumber’s Message For Interest Rates 11/19/2016 Copper Spike 11/11/2016 The Market, Under a New President 11/01/2016 Gold’s 13-1/2 Month Cycle Low 10/15/2016 DJIA, And the Echo of 2007-08 Oil Blowoff 10/08/2016 Big Drops Do Not Mark Final Gold Bottoms 09/22/2016 Gold Nears 13-1/2 Month Cycle Low 08/19/2016 Gold Bound To The Yen 07/24/2016 SPY Shares Outstanding Showing Topping Condition 05/21/2016 Major Cycle Low Upcoming in Gold 04/05/2016 Big-Money Traders Are Short T-Bonds Big-Time 03/19/2016 Bad News: People Are Saving More 03/05/2016 Gold Preps For New Trending Move 02/07/2016 GLD Assets Show Resurgent Interest in Gold 01/11/2016 Stock Market Committed to 2008 Scenario 12/04/2015 Gold Sentiment Washout 11/01/2015 COT Data For Gold At Topworthy Level 08/25/2015 Eurodollar COT Says Ugly Drop Is Still Ahead of Us 07/27/2015 RASI Shows Bull Market Waning 07/20/2015 Gold Priced In Euros Has Gone Quiet 06/15/2015 The Magic of 150 Months 05/31/2015 Uranium and Gold, a Peculiar Correlation 05/24/2015 Crude Oil Leads Bond Yields 02/14/2015 Crude Oil Leads the Euro 01/30/2015 Dollar Is Wandering Off Track 12/27/2014 Oil Follows Gold’s Crash Pattern 12/15/2014 What Hindenburg Omens and an Oil Crash Mean 12/08/2014 Capitulation Not Over in Crude Oil 11/28/2014 GOFO Squeeze 10/12/2014 COT Data Show A Bottom For Copper 10/07/2014 Commercials Betting On Big Dollar Downturn 09/15/2014 Gold - Watch the €1000 Level 08/01/2014 A Scary Valuation Indicator 07/18/2014 Fishing Around For a Gold Cycle Bottom 04/18/2014 Gold’s Cycle is in Left Translation 12/09/2013 Gold COT Data Again Proclaiming a Price Bottom 11/17/2013 Bond Yields Say More Downside For Dollar 11/03/2013 ETF Investors Still Hating Gold 09/14/2013 Bond CEFs Still Say Liquidity is in Trouble 08/23/2013 Gold’s 13-1/2 Month Cycle 06/30/2013 Gold (snippet) 06/28/2013 Gold is Following in Stock Market’s 2009 Footsteps 06/17/2013 Gold COT Data Show Bottoming Condition 06/07/2013 Hindenburg and Titanic, OH MY! 04/08/2013 Bond CEFs Now Saying Liquidity Is In Trouble 07/02/2012 Interest Rate Models Call For Lower Dollar 06/03/2012 Gold (snippet) 05/28/2012 Gold Breaks Downtrend, Sort Of 05/14/2012 Is JPM “The Burning Loach”? 05/04/2012 Gold 04/30/2012 Gold Repeats A Prior Pattern 04/18/2012 Gold 03/18/2012 In Order To Tame Inflation, Just Tame Uncle Sam 03/12/2012 Gold ETF Investors Were Not Scared Away 12/11/2011 What Debt Default Means For The Stock Market 11/21/2011 One to Three Years Left For Gold’s Run 10/28/2011 Negative Real Yields, Too Much of a Good Thing 08/08/2011 NDX Stocks Illustrate the Washout 07/01/2011 Silver Chart Update 06/06/2011 Silver is Tracing Out 1980 Post-Bubble Pattern 02/26/2011 Oil Spike Eases Big Contango 02/07/2011 Gold ETF Assets 01/17/2011 Bumpiness Is a Message 01/10/2011 ...Copper & the Stock Market 11/22/2010 Is Gold Overvalued? 02/01/2010 Unusual Stochastic Makes Good Oscillator 01/11/2010 The One Real Fundamental Factor Driving Gold Prices 12/14/2009 CIF Final Dip Coming For Housing Market 10/08/2008 GDM index 09/29/2008 Special Alert 09/11/2008 Gold (snippet) 08/28/2008 The McClellan Market Report (snippet) 06/19/2007 Gold: A look at the COTs 03/27/2006 Crude Oil Biding Time Until Summer 12/16/2005 Blowoff Top in Gold an Historic Event 12/13/2005 Gold In Frightening Blowoff Rise 05/31/2005 Oil To Become The Big Story Again 05/18/2005 Beware falling knives & full moons 00/00/0000 Gold Now Bound to the Yuan