Market Cycles, Breadth Signals & Fed Missteps: Jeffrey Hirsch & Tom McClellan
53m
In this compelling episode of WealthWise with Jeffrey Hirsch, host Jeffrey Hirsch—Editor-in-Chief of the Stock Trader’s Almanac—engages in a deep-dive conversation with renowned technical analyst Tom McClellan, Editor of The McClellan Market Report.
Together, they explore:
~ Post-Election Year Market Trends: Insights into historical patterns and potential market weaknesses during Republican administrations, emphasizing the critical first hundred days of a presidency.
~ McClellan Oscillator Analysis: Tom McClellan elucidates the mechanics of the McClellan Oscillator, highlighting a current bearish divergence that may signal a market top.
~ Crude Oil and Market Correlation: Discussion on the relationship between crude oil prices and stock market movements, with projections pointing to a potential market bottom around January 2026, followed by a bull market until 2028.
~ Federal Reserve's Interest Rate Strategies: Critique of the Fed's decision-making process, historical misjudgments, and the implications of reverse repurchase agreements on market liquidity.
~ Tariffs and Economic Impact: Analysis of tariffs as a form of taxation that creates uncertainty among investors, with a pivotal moment anticipated in November that could influence investor behavior.
~ AI and Technology Trends: Exploration of how artificial intelligence and technological advancements are shaping market dynamics.
Gain valuable perspectives from two seasoned market analysts on navigating the complexities of today's financial landscape.
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