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Active investment management’s weekly magazine for fee-based advisors

Tom McClellan

Tom McClellan is the editor of The McClellan Market Report newsletter and its companion, Daily Edition. He started that publication in 1995 with his father Sherman McClellan, the co-creator of the McClellan Oscillator, and Tom still has the privilege of working with his father. Tom is a 1982 graduate of West Point, and served 11 years as an Army helicopter pilot before moving to his current career. Tom was named by Timer Digest as the #1 Long-Term Stock Market Timer for both 2011 and 2012.

VIX is not confirming higher market prices

Last week (the week of Jan. 6), the major market averages largely ignored missile strikes, oil market turmoil, and excessively bullish sentiment, keeping market prices marching higher in 2020. But we have a major bearish divergence now in the CBOE VIX...

AAII survey shows sentiment washout

The American Association of Individual Investors (AAII) releases its weekly survey of its members every Thursday, and last week’s showed a pretty big spread between the bulls (21%) and the bears (39%). Another 39% of participants are “neutral,” and not...

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