Wonder Woman Semiconductors

Mish Schneider | March 28, 2017

After Monday’s Mexican Hat Dance, today we witnessed the woman who picked up the sombrero and held it high.

Not only did she hold it high, using her Amazonian strength, she sent it as a projectile higher.

Who is that …


The Market Does the Jarabe Dance

Mish Schneider | March 27, 2017

During a Mexican Hat Dance, a man invites his partner to the dance.

She rejects his advances. Yet, as the dance warms up, the man’s persistence wears down the partner’s resistance.

The market invited the bulls to dance after they …


An Arrow to the Sky Can Ricochet to the Ground

Mish Schneider | March 26, 2017

How do you transport a thousand-pound bronze sculpture of a Native American aiming to shoot an arrow into the sky?

Carefully.

How do you trade a thousand-pound stock market that aims to shoot an arrow into the sky?

Carefully.

Uncertainty …


The Market’s Patience Won’t Last Long

Geoff Bysshe | March 23, 2017

Note: Today’s commentary is by Geoff Bysshe, President, MarketGauge.com

The market spent the day waiting for clues about the likelihood of the healthcare bill vote passing tonight. However, the vote was postponed.

Today the market was patient, but we shouldn’t …


The Writing on the Market’s Wall

Mish Schneider | March 22, 2017

First and foremost, my sincere condolences to the families of the victims in today’s attack in London.

Although I use the sky to represent the “wall”, the writing has a similar intention.

“The writing on the wall”, a Biblical story, …


The Market Wrangles Crocodiles

Mish Schneider | March 21, 2017

Wrangler has multiple meanings.

The definitions range from one who is in charge of animals to one who engages in lengthy and complicated quarrels.

Bluejeans and Jeeps use “wrangler” to connote durability.

Which definition describes the market action?

Supervisory, quarrelsome …


A Rally That’s Curly and Rusty

Mish Schneider | March 20, 2017

Are your long positions and bullish biases starting to resemble a garden of curly, rusty steel?

Do you feel like after you enter a trade you risk getting screwed?

Do you see initial momentum on each trade followed by long …


Does the Market Wanna Be Sedated?

Mish Schneider | March 18, 2017

Sunrise Santa Fe, New Mexico.

As I sip my morning coffee, I imagine the power lines as lines on a chart and the airplane a vertical price pattern gaining momentum.

However, as a mode of transportation, the plane’s upward trajectory …


The Market Masks Many Faces

Mish Schneider | March 16, 2017

To the right is a screenshot taken today of all six members of the Economic Modern Family.

The dotted line represents the 50 daily moving average. The solid line the 200 day moving average.

Semiconductors (SMH) sit smugly in a …


Janet Yellen Presents: What Frightened You, Fed?

Mish Schneider | March 15, 2017

We placed a block of ice into the sink the other night and magically, Alfred Hitchcock presented himself.

The famed director began every episode of Alfred Hitchcock Presents by laying the groundwork for the evening’s story of suspense and terror.…