by Jeanette Schwarz Young | Mar 24, 2021 | How I See It
I sounded alarm bells in my April 2020 article that warned of a potential crash in WTI crude oil. That forecast, three weeks before the March 2020 sell-off went even further, highlighted $45 and $42.45 as key price levels where support should have been...
by Proactive Advisor Magazine | Mar 24, 2021 | Topping the Charts
With the Q4 2020 earnings season all but over, the financial sector delivered strong results. According to FactSet, the financial sector had the third largest quarterly earnings growth rate in Q4, up 17.2%. This was a major improvement from initial...
by Tom McClellan | Mar 10, 2021 | How I See It
The nature of structures in the McClellan A-D Oscillator carries important information about what lies ahead. A “complex” structure chops up and down without crossing the zero line. Such a complex structure implies strength for the side of zero on which...
by Proactive Advisor Magazine | Mar 10, 2021 | Topping the Charts
The week of Feb. 22 was a busy one for economic data reporting, with Bespoke Investment Group summarizing 37 different economic data releases. The overall picture was quite positive, with 70% of the releases (26 of 37) either at or above estimates, or,...
by Larry McMillan | Feb 24, 2021 | How I See It
One of the cumulative breadth indicators that we follow is cumulative volume breadth (CVB). It is the running daily total of volume on advancing issues minus volume on declining issues. While it can be calculated using NYSE and NASDAQ data, we prefer...
