10/16/2025
Tom McClellan is the son of the couple who developed the McClellan Oscillator and the Summation Index. He has interesting ways of presenting data regarding the market.
Here is a link to his take on the hShiller CAPE metricand the stock market
It is now more over boought than in 1929 and almost to the March 2000 dot.com, bust level.
The market continues to hang around 46,000 frustrating bears and not doing much for bulls.
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