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Stock market-timer McClellan on verge of swinging to bearish, as market looks ‘pretty tired’

Stock market-timer McClellan on verge of swinging to bearish, as market looks 'pretty tired'

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Market-timer Tom McClellan, publisher of the “McClellan Market Report,” said he will turn neutral on stocks for short- and intermediate-term trading styles after the closing bell, citing a “pretty tired looking stock market.” McClellan, who has been bullish for all trading styles for weeks, said that while both his Annual Seasonal and Presidential Cycle patterns suggest a market top is due next week, he’s concerned that the top “could arrive a few days early.

...read full article on Market Watch

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