Evening Watch List for 11/30/2016

Mish Schneider | November 30, 2016

A Market With Purple Gratitude In Advance of Rain We drove up to this dead-end and these road signs. I thought of the Scarecrow in the Wizard of Oz. While nailed to a post, he instructed Dorothy that some people …


Evening Watch List for 11/29/2016

Mish Schneider | November 29, 2016

Gather Ye Rosebuds Before the Market Flies Multiply Trying to keep flies from eating your roses can be a bit frustrating. However, unless an infestation occurs, the situation is more annoying than seriously concerning. The day back after the holiday …


Evening Watch List for 11/28/2016

Mish Schneider | November 28, 2016

A Channel So Clean You Ate Off Its Ceiling And now, you can eat off its floor! Each bar on this TLT chart (20+ Year Long Treasury Bonds) represents the price movement of one whole month. The parallel black lines …


Evening Watch List For Trading on 11/23/2016

Mish Schneider | November 24, 2016

Photo by JR LancasterAfter a soaking rain, the desert landscape resembles a super saturated sponge. Eventually, the desert sunshine absorbs the moisture and the landscape returns to aridness. This extreme fluctuation from saturation to bone dry defines a desert climate. …


Evening Watch List For Trading on 11/22/2016

Mish Schneider | November 22, 2016

The S&P 500 Signs a Year-Long Contract to Gig I spent a great deal of time trying to “read” this man. I invented stories about who he is, what he was thinking and why. It took me about ten minutes …


Evening Watch List for 11/21/2016

Mish Schneider | November 20, 2016

4 Steps For Planning Your Next Trades My 2004 Range Rover sputtered last Friday morning. By sputtered, I mean the fuel pump gave out. Good thing I have AAA. They came immediately to the rescue and towed the car to …


Evening Watch List for 11/18/2016

Mish Schneider | November 18, 2016

Has the Bull Gone Over the Top When traders get to the point they consider embroidering a bejeweled bull on their vintage necktie, does that mean the top is near? Look at this bull. He has eyes of fire, a …


Evening Watch List for 11/17/2016

Mish Schneider | November 17, 2016

Dry Ships on the Water Very Free and Easy Title adapted from Wooden Ships Crosby Stills & Nash In case you have not heard about this, the shipping stock DryShips, Inc. (DRYS) has risen by 2,840% in the last several …


Evening Watch List for 11/16/2016

Mish Schneider | November 16, 2016

Gremlins That Might Appear at 19K in The Dow Last night I explored the topic of fissures. Now, I muse on this lizard as he decides whether or not it best to stay in the light or dive for the …


Evening Watch List for 11/15/2016

Mish Schneider | November 15, 2016

Market’s Majestic Mountains With Fissures Alaska 2015 Over the weekend, Keith and I saw the movie, The Wave. The story, filmed and made in Norway, follows a “what if” scenario. Over 100 years before, tectonic shifts in the mountains caused …