President’s Day and the Economic Modern Family

Mish Schneider | February 17, 2019

It’s that time again.

The time when we examine the weekly charts on the Economic Modern Family.

This past week, the market continued to climb higher.

Three of the four indices are in accumulation phases on the daily chart, which …


Is the Market Like a Rose in a Bubble?

Mish Schneider | February 14, 2019

The Russell 2000 IWM, like the perfect rose on Valentine’s Day, fell right to the tick, the support level mentioned in last night’s Daily.

“Russell 2000 (IWM) 152.40 now pivotal support.”

Furthermore, Transportation IYT, added a heart above the quintessential …


Can Granddad Russell 2000 Hold onto the Bucking Bull?

Mish Schneider | February 13, 2019

Yesterday, we covered the laggard of the Economic Modern Family throughout this rally or Retail (XRT), which mainly represents the brick and mortar stores.

Yesterday, XRT finally cleared the 200-WMA at 44.66.

Today, XRT closed at 44.91.

Today, we switch …


Red Granny Retail Pulls Out Her Green Knitting

Mish Schneider | February 12, 2019

The laggard of the Economic Modern Family throughout this rally has been Retail (XRT), which mainly represents the brick and mortar stores.

While the rest of the Family (Russell 2000, Biotech, Transports, Regional Banks, and Semiconductors) have been trading over …


Market Snoozes, But Keep Your Tools Close By

Mish Schneider | February 11, 2019

It was a choppy session today, which given where the indices sit on the both the Daily and Weekly charts, makes sense.

Choppiness also makes sense, given the potential government shutdown and the vague details on the progress of the …


Weekly Update on The Economic Modern Family

Mish Schneider | February 9, 2019

Last year, I worked with a dollmaker to create these dolls that represent the diverse and important sectors of the U.S. Economy.

She took the cartoon image you see on the bottom of the photo, and went to work.

I …


The Year of The Pig Sidles Up to the Market Bears

Mish Schneider | February 7, 2019

Piglet sidled up to Pooh from behind.
Pooh, he whispered, ”Yes, Piglet?”
“Nothing,” said Piglet, taking Pooh’s paw.
“I just wanted to be sure of you.”
Will Dubby Fuqua-Artist-Arnold Lieberman Gallery

When a pig, in the Year of the Pig, …


Market Bears Wait for The Fall From the Wall

Mish Schneider | February 6, 2019

With a market up 17% from the December lows, many, including myself, are left wondering if we should still consider this a dead cat bounce, or the foundation for a melt up.

Technically speaking, only Biotechnology (IBB) and Semiconductors (SMH) …


Mr. Ham Says Watch Plants

Mish Schneider | February 5, 2019

Before I begin, here is the video I made when I met Mr. Ham.

He (and his friend Scruffy) are hard to resist.

https://twitter.com/marketminute/status/1092500106119499788

The takeaway from the research I have done on Feng Shui predictions, have been both auspicious …


Weekly Charts on Economic Modern Family

Mish Schneider | February 4, 2019

I will continue to write more about the Year of the Pig.

However, since I did not cover the weekly charts on the Economic Modern Family as I have customarily done, let’s start the week with a view.

From top …