Over the weekend, I focused on the current star of the market, Russell 2000, IWM our Granddad of the Economic Modern Family.
Some others featured:
Transportation (IYT) came within $.32 of matching the all-the time high.
Gold (GLD) and miners …
7 Swans have loose allusions to events in the Bible. It basically refers to “fowls that fly….and gather…together unto the supper…”
Last week, in the midst of more mind-numbing yet also par for the course geopolitical and environmental eruptions, the …
Tonight’s commentary and ETF analysis/actionable information is in the form of a video.
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Finally, the Federal Reserve addressed what many, including myself, thought inevitable.
Starting in October, they will begin to reduce the balance sheet of $4.5 trillion and potentially raise the rates (guessing another ¼%) this year.
Why didn’t they raise the …
Tonight’s Commentary comes in the form of a Facebook Live Video. Here is the link, which you should be able to access even if you do not have a Facebook account:
https://www.facebook.com/mishsmarketminute/videos/1896892637297980/
S&P 500 (SPY) Inside day. Nothing particularly scary …
First off, thank you Geoff Bysshe, President of MarketGauge.com, for filling in during my time off!
This photo represents one of the many delights of our vacation. Watching ducks in Central Park submerge their bills into the water in search …
Gap downs are good for bull markets, but island tops are not.
The SPY gapped well below the low of the last 3 days of consolidation, and if you look closely you’ll notice that the consolidation days started with a …
Thursday’s pattern in the sector summary table is clear. The stronger sectors moved up and the weaker sectors moved down, but nothing moved more than a percent either way.
The Semi’s (SMH) broke out to new highs but no one …
Instagram picture by ‘mebysshe’
If look at only the top of today’s picture you may find it hard to figure out what all the green things are, but when you see the bottom half, a dock, the top makes sense. …
Sometimes the market takes a day to let reality sink in.
For example, yesterday I highlighted the counter intuitive price action of the TLT’s having a big down day while two other interest rate sensitive sector ETFs, XLU and IYR …