Levels & An Interesting Chart

Geoff Bysshe | August 8, 2019

The recent selloff in the SPY was basically 4-down days.

The drop over those 4 days was 6%.

In the chart below, the histogram indicator shows the percent change of the market over 4 days.

If the period was down …

Too Far Too Fast For TLT

Geoff Bysshe | August 7, 2019

It’s always interesting when markets repeat.

Three years ago, in June of 2016, the TLT broke out of a consolidation pattern around 132 and ran up to make the all-time high at just over 143.

Last week, TLT broke out …

Levels & An Interesting Chart

Geoff Bysshe | August 6, 2019

On Tuesdays in the summer Mish has been simplifying the commentary.

So I’m going to translate that into “An Interesting Chart.”

When the market has a volatile move, I identify consolidation and a reversal inflection level as quickly as possible.…

Look For The Market To Bottom At These Levels

Geoff Bysshe | August 5, 2019

All but one of the Economic Modern Family members are trading under both their 50 and 200-day moving average.

That lone member, SMH moved into warning phase today, which means it’s trading over its 200 DMA but under its 50 …

If Bears Ruled the World, Huh-Huh Huh-Huh!

Mish Schneider | August 4, 2019

Now I'm the king, and I want you to know
That I'm the Master Blaster Rapper who's runnin' the show-Kurtis Blow

Awesome song. Krush Groove 1985.

Our emcee now, however, is the adorned bear.

Oh yeah, he’s alive and well …

Levels Only and a Repeat of the 5 Factors to Watch

Mish Schneider | August 1, 2019

  • The (central) banks want to see higher inflation.
  • Stock buybacks by corporations are out of control. The S&P 500 companies for example, are on track to buy back another $940 billion of stock in 2019. That means that companies are
    • …

    Are the Central Banks Playing with the Devil?

    Mish Schneider | July 31, 2019

    Following exactly what we anticipated, the Federal Reserve cut rates by ¼%.

    Although they see "sustained expansion of economic activity, strong labor market conditions, and inflation near the Committee's symmetric 2% objective,” they go on to say, “uncertainties about this …

    Key Levels for Indices and Sectors

    Mish Schneider | July 30, 2019

    Hopefully, you all read last night’s Daily (07-29-19) on the Silver to Gold ratio and were able to take advantage of today’s set up.

    If you recall, I wrote,” With the consolidation (SLV), we also see the price line retrace …

    What Does a Key Stock Price Retracement Look Like?

    Mish Schneider | July 29, 2019

    Here is an updated look at the silver daily chart and the silver to gold ratio.

    The initial breakout in the daily chart of silver happened when silver cleared the 200 daily moving average (green line top chart.)

    At that …

    How Can We Know What’s Happening (in the market)?

    Mish Schneider | July 28, 2019

    Thursday night I gave a talk at a bookstore in Albuquerque, New Mexico.

    At every talk I have given, the Q & A lasts longer than the actual presentation.

    Why?

    Because most of the older folks who come to hear …

    Older Posts
    Newer Posts