Metrics of the New Normal

Geoff Bysshe | May 18, 2017

Anyone curious about what caused the 370-point drop this week can look no further than the chart above. We are not surprised. Over the past several months the discord in the Economic Modern Family that started as minor bickering has …


Will The Market Tell Mr. Trump He’s Fired?

Geoff Bysshe | May 17, 2017

If you recall, stocks kicked off the week in bullish mood right from the opening bell, and I concluded that day’s commentary with the note that Mondays in a bull market tend to have a bullish bias, but that says …


The Next Leg Up In The Market Will Look Like This

Geoff Bysshe | May 16, 2017

Today’s edition Mish’s Daily is in the form of the video. As you’ll learn in the video this is due to a technical glitch, but as it turns out...

A video was a much better way than text for me …


The Monday Rule-of-Thumb Kicks In

Geoff Bysshe | May 15, 2017

Stocks kicked off the week in bullish mood right from the opening bell.

It wasn’t a strong trend day, but for the SPY and QQQ it was a new closing high and a close near the high of the day. …


The Market Carnival That (N)Ever Happens

Mish Schneider | May 13, 2017

At the end of the week, the market proved two things.

First, very few people are at the mall.

In the bottom left of the photo, in what almost seems like an afterthought, stands a deserted J.C. Penney. That stock …


What’s a Market Without a Funhouse?

Mish Schneider | May 11, 2017

What’s a carnival without a Funhouse?

After all, interacting in a space with obstacles, surprises and challenges can amuse and/or scare visitors.

In a Funhouse, trick mirrors, shifting floors, rotating barrel slides and unexpected clowns are also meant to bewilder …


Market Ring-Toss in Ben Franklin’s Mouth

Mish Schneider | May 10, 2017

Imagine having your portrait on 10.8 billion $100 notes in circulation only to have a carnival concession slit a hole across your mouth so folks can toss rings into it?

If players have a steady aim and succeed, they do …


Strap In, Hold On And Fly

Mish Schneider | May 9, 2017

Witnessed at a traveling fair, one of the “fun” rides requires you to lie horizontally on your stomach and strap yourself in.

As the ride begins, you whirl around in circles faster and faster, clutching on to the shoulder supports …


Frying an Already Sweet Market

Mish Schneider | May 8, 2017

Aren’t Twinkies and Oreo’s tasty enough?

I mean really, does frying a Twinkie add value and taste or just gratuitous fat and calories?

After the French elections, the same question applied to Monday’s open of the U.S. stock market.

Many …


Is This Rally Evermore?

Mish Schneider | May 6, 2017

Last week a story went viral about a goth girl in London who rode the tube with a leashed Raven on her lap.

That image inspired many readers to write variations of Edgar Allen Poe’s The Raven.

My Homage to …