Thoughtful Money with Adam Taggart · Thursday, September 17, 2026
Tom McClellan suggests that the market is currently in a 'squishy bottoming period' and is about to enter the typically bullish third year of the presidential cycle. He anticipates a turning point in the next week, after which he expects a significant upward trend.
“So, I am I am not bullish today, but I am looking for the moment, probably within the next week, to turn bullish, and then I'm going to be bullish as all get out.”
“We're about to head into year three, which is a wonderful time for the stock market. In fact, it's nearly always up.”
“So we're in this bottoming multiple bottom formation structure right here, and somewhere between now and about a week from now, we should get the last of these bottoms and then we start really climbing.”