No one seems to talk about Trump using a
Loud opening Salvo and then most often he backs off when he
achieves most of what he wants. Will it work in Greenland is
the question?
$CPCE Near lows of last several months .46 . Tom
McClellan call top early Jan into the 23rd of month lows
appears to be working so far. Grind higher into end of month
with Big Tech earnings .
Gold commercials increased shorts by about
19000 contracts last week and Silver Commercials reduced
their longs by 3300 contracts. Silver positions are much
smaller than Gold .
January 15, 2026 Tom McClellan measures market after
Breadth new highs
We have just seen a new all-time high in the NYSE's daily
Advance-Decline (A-D) Line. It confirms the new highs in the
major indices, and that is a really good thing.
Years ago, I undertook a study to see what it means to have a
new high in the A-D Line. In order to increase my sample
size, I specified that it had to be just a new 3-year high instead
of all time, and then I looked at what the max drawdown was in the
SP500 over the succeeding 3 months. The recent decades'
results are shown in this week's lead chart.
The short version is that if you see a new A-D Line high, you
have pretty good assurance that the biggest drawdown you are likely
to see over the next 3 months is limited to about 10%. But
the big caveat is that you can throw this rule out the window if
the Federal Reserve or Congress puts a thumb on the
scale.
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The minute Trump said he
Posted by rbreese on 21st of Jan 2026 at 09:13 am
The minute Trump said he would NOT USE FORCE Gold dropped about 45 bucks.
TRUMP has 1pm
Posted by rbreese on 21st of Jan 2026 at 06:55 am
TRUMP has 1pm Eastern time interview with CNBC today. Likely will be firm in interview about Greenland.
BCA cautions against chasing silver
Posted by rbreese on 21st of Jan 2026 at 06:28 am
BCA cautions against chasing silver prices higher. Here’s why
Author Sam Boughedda
Published 01/20/2026, 08:50 AM
Hard to believe put calls
Posted by rbreese on 20th of Jan 2026 at 03:16 pm
Hard to believe put calls only in mid. 84 area. No panic here. I guess everyone using Metals for DEFENSE.
When will interest rates spiking
Posted by rbreese on 20th of Jan 2026 at 02:04 pm
When will interest rates spiking higher have impact on Metals.?
Amazing on only 4 hours
The Donald looks tired and old...
Posted by rbreese on 20th of Jan 2026 at 02:02 pm
Amazing on only 4 hours of sleep.
Glad to see close to
Posted by rbreese on 20th of Jan 2026 at 10:39 am
Glad to see close to 1000 contracts in my SLV strike.
Matt All they said NOT
CNBC just said no Tarriff decision today from Supreme Court
Posted by rbreese on 20th of Jan 2026 at 10:26 am
Matt All they said NOT TODAY. The Metals started rolling lower the minute they said NOT TODAY.
CNBC just said no Tarriff
Posted by rbreese on 20th of Jan 2026 at 10:17 am
CNBC just said no Tarriff decision today from Supreme Court
Bought Mar SLV 70 puts.
Posted by rbreese on 20th of Jan 2026 at 09:49 am
Bought Mar SLV 70 puts.
Copper first time showing weakness
Posted by rbreese on 20th of Jan 2026 at 09:25 am
Copper first time showing weakness with all the Metals still strong.
The Supreme Court is likely
Anyone have any idea when the Supreme Court is going ...
Posted by rbreese on 20th of Jan 2026 at 06:33 am
The Supreme Court is likely meeting today to discuss Ruling on Tariffs. Trump supposed to speak tomorrow at Davos Forum. Buckle up.
No one seems to talk
Posted by rbreese on 19th of Jan 2026 at 08:29 pm
No one seems to talk about Trump using a Loud opening Salvo and then most often he backs off when he achieves most of what he wants. Will it work in Greenland is the question?
$CPCE Near lows of
Posted by rbreese on 17th of Jan 2026 at 09:16 am
$CPCE Near lows of last several months .46 . Tom McClellan call top early Jan into the 23rd of month lows appears to be working so far. Grind higher into end of month with Big Tech earnings .
Gold commercials increased shorts by
Posted by rbreese on 16th of Jan 2026 at 06:17 pm
Gold commercials increased shorts by about 19000 contracts last week and Silver Commercials reduced their longs by 3300 contracts. Silver positions are much smaller than Gold .
Back on board ZSL DUST.
Posted by rbreese on 16th of Jan 2026 at 01:47 pm
Back on board ZSL DUST. Monday first day after OPEX might Rock and Roll .
Away at the Hospital while
Posted by rbreese on 16th of Jan 2026 at 11:41 am
Away at the Hospital while I had a very good day selling ZSL DUST and covering TRX short for about 6 percent. Bitter cold sub zero at 10 a.m.
And I sent you a
ZSL
Posted by rbreese on 15th of Jan 2026 at 04:58 pm
And I sent you a note that if time permits . Hope all is well with your child.
They showed on CNBC the
Silver is now up, and ZSL is up as well...hmmm
Posted by rbreese on 15th of Jan 2026 at 04:37 pm
They showed on CNBC the Size of retail funds and near record levels compared to other SLV top areas.
January 15, 2026 Tom McClellan
Posted by rbreese on 15th of Jan 2026 at 03:59 pm
January 15, 2026 Tom McClellan measures market after Breadth new highs
We have just seen a new all-time high in the NYSE's daily Advance-Decline (A-D) Line. It confirms the new highs in the major indices, and that is a really good thing.
Years ago, I undertook a study to see what it means to have a new high in the A-D Line. In order to increase my sample size, I specified that it had to be just a new 3-year high instead of all time, and then I looked at what the max drawdown was in the SP500 over the succeeding 3 months. The recent decades' results are shown in this week's lead chart.
The short version is that if you see a new A-D Line high, you have pretty good assurance that the biggest drawdown you are likely to see over the next 3 months is limited to about 10%. But the big caveat is that you can throw this rule out the window if the Federal Reserve or Congress puts a thumb on the scale.