Archives: CSTS: Evening Watch List

Evening Watch List for 2/2/2017

Mish Schneider | February 1, 2017

The Fire Rooster’s Market Headdress Winter’s Healing-Daniel A Walters, Navajo Artist The 12 Yei Feathers and mask depict a special category of holy people that dance during a nine-day winter ceremony called “The Nightway.” The Navajo learned that the disruption of harmony causes a large range of illness: mental, physical, emotional and spiritual. The intent of this ceremony is to restore harmony. Seen on Twitter: “WH Natl Sec Advisor blasts Iran over "provocative" missile test,


Evening Watch List for 1/31/2017

Mish Schneider | January 30, 2017

Who You Calling Chicken? This Tyrannosaurus Rex, that looks very much like a fire rooster, is the bird’s predecessor. So the Rallysaurus, which some would argue began the market’s road to extinction today, may just be a rooster in dinosaur’s clothing. After a weekend of tumultuous polices that were met with opposition, the confidence in the market’s ability to maintain strength came into question. The Dow broke down back below 20,000. Significant? Psychologically perhaps. Technically?


Evening Watch List for 1/30/2017

Mish Schneider | January 29, 2017

Fire Eaters and Bubble Watchers Two men a-bridged toe to toe. Both men gaze up at a wall. One man sees friends. The other man sees foes. Which one is right? We’d all like to know. Last week we delved into Chinese philosophy, U.S. policy and market psychology. The start of the Chinese New Year Saturday night set the backdrop. The Year of the Fire Rooster predicts the market as confident, optimistic and flamboyant in


Evening Watch List for 1/27/2017

Mish Schneider | January 26, 2017

Market’s Central Nervous System The spinal cord is the main pathway for information connecting the brain and the peripheral nervous system. Strong and well protected, we tend to take its health for granted. The market’s rally since November mirrors our own central nervous system. The main pathway for information that has helped spur the rally is the optimism of a continuing economic recovery. Looking at President Trump’s policies since taking office, he has pulled out


Evening Watch List for 1/26/2017

Mish Schneider | January 25, 2017

Market Rooster Brings on the Fiery Hens! The Year of The Fire Rooster Part 3 With about 7.5 billion people living on the planet, 1.5 billion of them celebrate the Chinese New Year. Approximately 2.5 billion road journeys will occur while millions more will travel by air or rail to celebrate with family. Why does this matter? Modern psychological and economic research identifies herd behavior in humans to explain the phenomena of large numbers of


Evening Watch List for 1/25/2017

Mish Schneider |

Market’s Fire Rooster’s Sympathy for the Devil The Year of The Fire Rooster Regarding the economy, fire element is often the driving force behind the stock market. In general, fire is joy, water is fear, earth is meditation, metal is sadness, and wood is anger. As such, fire years often generate optimism, which is good for the stock market. For example, the last financial tsunami happened in 2008 because it was the strong water year


Evening Watch List for 1/24/2017

Mish Schneider | January 23, 2017

Cock-a-Doodle-Do or Die? Photo by Kerry Alphabet Each year, I have researched both the Chinese New Year symbolic animal and its associated element to help define the personality of the upcoming market and trading. Last year, we had the monkey-a trickster through and through. This Saturday marks the beginning of the Year of the Rooster, also known as the Year of the Cock and the Chicken. Furthermore, this is the year of the fire rooster.


Evening Watch List for 1/23/2017

Mish Schneider | January 22, 2017

A Baby Walks Into a Bar “Hey barkeep. How ‘bout pouring me two thumbs of formula to wash down these nuts?” Welcome to the official start of the term of our 45th President. The Daily Mirror’s sub headline on Friday read…” now the world holds its breath.” For our purposes, we focus on the market. We focus on the Modern Family. We focus on the impact of commodities prices, interest rates, global economic issues, foreign


Evening Watch List for 1/20/2017

Mish Schneider | January 19, 2017

Market’s Split Personality According to the Cambridge Dictionary, a split personality is one who behaves so differently at different times that he/she seems to have more than one character. There is a test one can take to help diagnose whether one might possess several to many traits that negatively affect one’s life. In recent months, I have written repeatedly about the discordance among the members of the Modern Family and how that might manifest in


Evening Watch List for 1/19/2017

Mish Schneider | January 18, 2017

If I Only Had a Hi-Tech, Fuel-Injected, AAA Heart! This tinman recycled from old oil cans and drums evokes several reactions. My first thought goes to Semiconductors. The sister in the Modern Family, SMH has worked exhaustively to keep their spirits up. In fact, today’s intraday high (73.48) is above the 6-month January calendar range high. SMH ultimately closed just shy of that number. Today’s price action suggests that SMH, working to negate the more