On Monday I wrote about the one thing pattern that all the Economic Modern Family members seemed to agree on was they were following Granddad’s (IWM) lead.
Unfortunately for the bulls, IWM is not feeling very bullish. In fact, the …
Ironically, our 2-year old’s Sesame Street birthday cake decoration perfectly illustrates the current market condition.
Elmo is NASDAQ. He has the higher position on the seesaw. Yet look at his face. He’s worried.
Abby with the lower position on the …
A 7% move higher in Tesla (TSLA) pushed it to a market capitalization that is now higher than Ford. This is more impressive when you consider the fact that last year Tesla produced only 76,000 cars while Ford produced 6.6 …
My Red Land.
One painting depicts many characteristics of the Southwest.
If we were to draw a representation of the market’s complex characteristics, we would similarly see a red and green land.
Investors, like the market’s Natives, comprise of those …
Today, Granddad Russell 2000 headed “out on the highway, lookin’ for adventure.”
With “heavy metal thunder,” IWM retook the 50 daily moving average and the bullish phase.
With Gramps astride his tricked out motorcycle, he’s calling together his posse.
First …
I began this week comparing the market’s resurrection to nothing short of a Mexican Hat Dance.
Today, I highlight India and particularly the ETF IFN or the India Fund.
Since early 2017, IFN has choreographed itself into a dazzling Bollywood …
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 …
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 …
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 …
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 …
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