A Market of What Is and What Ifs

Mish Schneider | August 2, 2018

This Is a washing machine.

But What If a child could climb inside to enter the unknown?

Think the stock market.

The What Is:

Bullish, with all indices strong on the weekly charts

Happy, with the strong employment numbers and …


Market’s Weak and Idle Theme

Mish Schneider | August 1, 2018

“…And this weak and idle theme, No more yielding than a dream…”

A monologue by Puck, a clever yet mischievous fairy, is delivered to the audience at the end of Midsummer’s to apologize in case he might have offended them.…


Will the Bulls Have to Burrow?

Mish Schneider | July 31, 2018

There used to be hundreds of millions of prairie dogs in North America.

Their massive colonies extended for miles and miles.

Today, their range has shrunk to less than 5% of their original range.

Similarly, we can compare that to …


Market Bull Decay

Mish Schneider | July 30, 2018

Tough day for the NASDAQ bulls.

Facebook declined another 2%. Twitter fell by another 8%.

Google dropped by $22.00, Netflix by $20.00 and Amazon shed $39.00.

The Russell 2000 confirmed the Warning Phase while Semiconductors went into an unconfirmed Warning …


Head-Piercing Market Dilemma

Mish Schneider | July 29, 2018

After the Russell 2000, or the Gramps of Made in America, posted 3 lower highs since June 20th, the rallies did appear shallower and shallower.

So, not a real big surprise that after the 4.1% GDP announcement, the overheated economy …


The Market’s Night Music

Mish Schneider | July 25, 2018

Nothing like a little night music to lift the spirits.

After threats and worries, today we heard words of harmony and reconciliation.

The EU will happily remove tariffs.

Putin will not visit the U.S. until 2019.

Farmers will receive aid.…


Stock Market’s Unrequited Love

Mish Schneider | July 24, 2018

Yesterday, we discussed the Queen of the Fairies in Shakespeare’s A Midsummer Night’s Dream.

Her famous line, “What vision have I seen! Me thought I was enamoured of an ass,” for us meant a warning to everyone.

With the summer …


A Midsummer’s Night Market

Mish Schneider | July 23, 2018

Titania, Queen of the Fairies in Shakepeare’s comedy, awakes from the after effects of a magic potion and says, “What vision have I seen! Me thought I was enamoured of an ass.”

With the summer market so slow, and in …


Weaving the Warp and the Weft of the Stock Market

Mish Schneider | July 21, 2018

Weaving interlaces 2 distinct sets of yarn.

The longitudal threads are called the warp and the lateral ones are called the weft (which means that which is woven.)

The way the warp and the weft interlace is called the weave.…


The Russell 2000 and Transportation Market Show

Mish Schneider | July 19, 2018

Economics 101 teaches one about supply and demand.

Demand refers to how much of a product or service folks will buy. Supply is how much the market can offer.

When Supply and Demand are equal, the economy is at equilibrium.…