Commodity Prices

Gold •766 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	1,759.60	+21.70	+1.25%
WTI Crude •24 hours	78.18	+0.89	+1.15%
Gasoline •24 hours	2.985	+0.047	+1.59%
Ethanol •766 days	2.161	+0.000	+0.00%
Silver •766 days	30.82	+1.16	+3.92%

Silver • 766 days	30.82	+1.16	+3.92%
Copper • 766 days	4.530	+0.111	+2.51%
Brent Crude • 23 hours	83.55	+1.06	+1.29%
Natural Gas • 24 hours	2.662	+0.022	+0.83%
Heating Oil • 24 hours	3.902	+0.020	+0.53%

Headlines

1,150 days Will The ECB Continue To Hike Rates?
1,151 days Forbes: Aramco Remains Largest Company In The Middle East
1,152 days Caltech Scientists Succesfully Beam Back Solar Power From Space
1,552 days Could Crypto Overtake Traditional Investment?
1,557 days Americans Still Quitting Jobs At Record Pace
1,559 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
1,562 days Is The Dollar Too Strong?
1,562 days Big Tech Disappoints Investors on Earnings Calls
1,563 days Fear And Celebration On Twitter as Musk Takes The Reins
1,565 days China Is Quietly Trying To Distance Itself From Russia
1,565 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
1,569 days Crypto Investors Won Big In 2021
1,569 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
1,570 days Food Prices Are Skyrocketing As Putin’s War Persists
1,572 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
1,573 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
1,576 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
1,577 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
1,577 days Two ETFs That Could Hedge Against Extreme Market Volatility
1,579 days Are NFTs About To Take Over Gaming?

What's Behind The Global EV Sales Slowdown?

An economic slowdown in many…

How The Ultra-Wealthy Are Using Art To Dodge Taxes

More freeports open around the…

Is The Bull Market On Its Last Legs?

This aging bull market may…

Ed Carlson

Ed Carlson, author of George Lindsay and the Art of Technical Analysis, and his new book, George Lindsay's An Aid to Timing is an independent…

More Info

Contact Author

It's the Most Wonderful Time of Year!

By Ed Carlson - Nov 29, 2016, 2:25 PM CST

The holidays bring more than just gifts under the tree, excess calories, and rude in-laws. December and January represent two of the best months of the year. However, there is often a pause in the uptrend in early December. With US markets having experienced such an extreme "Trump Bump" since the election, patience is likely a virtue for the bears and bulls alike.

Both On-Balance Volume (chart) and the Advance/Decline Line refuse to confirm the new highs in equities. The McClellan Oscillator closed above 150 on Friday (176) which is the level the McClellans describe as necessary for equities to obtain "escape velocity"; bullish. It is however, bumping up against its upper Bollinger Band which is a warning of at least a short-term correction in equities.

S&P500 and NYSE OBV
Larger Image