Evening Watch List for 10/11/2016

Mish Schneider | October 11, 2016

Just a Rallysaurus Monday With many Federal Institutions and Banks closed, our Rallysaurus began Monday gold-flecked and bare-toothed. A beguiling sight, he was able to coax the Economic Modern Family into that fun road trip they hoped for last week. …


Evening Watch List for 10/10/2016

Mish Schneider | October 10, 2016

A Market Road Trip with Horsepower and Gas How much horsepower does a horse in a horse trailer need? A horse alone has a peak power output of 14.9 horsepower. A horse in a horse trailer though, doesn’t need any …


Evening Watch List for 10/7/2016

Mish Schneider | October 6, 2016

The Market’s Indistinct Absurdity Bath Time “What is real is not always what we think.” Kenneth R. Marvel Curator This “juxtaposition of discordant elements” describes this piece of art and the market action perfectly! Such is today’s report as far …


Evening Watch List for 10/6/2016

Mish Schneider |

Enjoy the Bounty and Prepare for Frost As I removed the last of the bounty from my container garden ahead of the first frost, I saw this little guy who seems to have the same thing in mind. This Small …


Evening Watch List for 10/5/2016

Mish Schneider | October 4, 2016

A Three-Headed Dog Not Medusa Spooks the Market Not a happy market image: A skeleton and a sardonic grinning bear head strategically placed beside rusty medieval hardware. Monday night we mused on Medusa and her ability to turn the Rallysaurus …


Evening Watch List for 10/4/2016

Mish Schneider | October 3, 2016

If Medusa Meets the Market’s Rallysaurus In Greek Mythology, anyone who looks at Medusa turns to stone. Has our long-in-the-tooth Rallysaurus caught her gaze? The dinosaur, now perhaps a rock, freezes with his head up high and his mouth ajar …


Evening Watch List for 10/3/2016

Mish Schneider |

Will the Market Scratch on the Door or Pee on the Rug? Artist: James Palmer Mulligan “Devil or angel, I can’t make up my mind.” Blanche Carter A week ago Monday, the Dow Jones Industrial Average declined. Tuesday it rallied. …


Evening Watch List for 9/30/2016

Mish Schneider | September 30, 2016

Market Has Bloodshot Eyes Artist: James Palmer Mulligan (our godson) Imagine the 3 wires coming out of the subject’s ears as 3 different moving averages. On the left side the trend points up. On the right side, the trend is …


Evening Watch List for Trading on 9/29/2016

Mish Schneider | September 29, 2016

The Market Stands at a Frontier “OPEC said to Agree on First Oil Output Cut in Eight Years” Bloomberg. Not exactly as old as this vintage gas pump, a united OPEC does appear as an anachronism. Said to agree as …


Evening Watch List for 9/28/2016

Mish Schneider | September 28, 2016

If the Sun Shines, The Market Should Warm Up Earth Ships Taos, NM Since the focus on solar energy in Sunday’s Daily, First Solar has rallied about 4-5%. The S&P 500, on the other hand, has declined by about 1% …