About to turn “bullish as all get out”: late-Sep/early-Oct seasonal low, then presidential-cycle year 3 (failed only 1931/1939) and a bullish year-7 decennial; NYSE A-D line at highs caps the 3-month worst case near 10%.
Bearish bonds: every QE round saw bonds tank, and gold’s 20.5-month lead points to a steep rise in long yields from late 2026 into ~2028 (30-yr >6% plausible).
In one line: a pure chart-and-cycle reader who is about to turn "bullish as all get out" on stocks (a late-Sep/early-Oct seasonal low, then presidential-cycle year 3 and a year-7 decennial), while staying bearish bonds and bullish oil because gold's moves echo in yields and crude ~20 months later — with 2028 as the convergence date for the next major top.
Cycles set the calendar. His four-year (from Nov 1) and ten-year composites both bottom in early October; year 3 of a term has failed only in 1931 and 1939. He trades the timing of the turns ("dance steps"), not the slope. (2026-SEP-17)
Breadth decides the risk. The NYSE A-D line is at highs with no divergence (worst 3-month drawdown after a 3-year A-D high is ~10%); junk-bond breadth has diverged all 2026 but its oscillator is washing out — he wants junk to improve as confirmation. (2026-SEP-17)
Liquidity is the swing factor. Deficit spending and low taxes are bullish; record margin debt/GDP is a warning whose seven-year cycle top isn't due until ~2028; a quiet Warsh slowdown of QE5 (or outright QT) is the fly in the ointment. (2026-SEP-17)
Gold is the clock for rates and oil. Gold leads the 30-year yield by ~20.5 months and crude by ~19.8; its January-2026 top points to yields and oil rising into ~August 2028. QE rounds have coincided with falling bond prices; commercials won't hedge $100 oil. (2026-SEP-17)
The product
From his own description in the 2026-SEP-17 interview.
What it is:The McClellan Market Report — a technical-analysis newsletter plus a daily edition, built on the McClellan Oscillator and Summation Index that his parents developed by hand in 1969. His father, Sherman McClellan (92), still works on it every day. The weekly Chart In Focus is free; the newsletter and daily edition are paid ("pay to get the good stuff").
Offering
What it is
How he runs it
Seen in the index
Chart In Focus (free, weekly)
One chart study a week
Sign-up on the McClellan website; the charts shown on the show "feature regularly" there
How it serves retail investors: rule-based timing tools — when a seasonal low is due, what washout signals to wait for, and how much downside to expect once breadth confirms — rather than stock picks.
Intermarket leads (gold → yields, gold → oil) give a dated roadmap for rate- and energy-sensitive decisions (e.g. mortgage timing), with explicit caveats that they call direction and timing, not magnitude.
Transcripts
One dated page per appearance — each has its stock table (when securities are named), talking points, and the saved transcript. Newest first.