Turnaround Tuesday-The Commodity Index Tracking Fund

Mish Schneider | September 17, 2024

Look at the headline of this chart and you can see that global FMS allocation to commodities is at a 7-year low.

This is fascinating, particularly the day before the FOMC meeting and after an increase in M2 over the …


Technical Monday-The Market Risk Gauges Tell All

Mish Schneider | September 16, 2024

Every week we review the big picture of the market's technical condition as seen through the lens of our Big View data charts.

For Technical Monday, I want to focus on 3 key relationships ahead of this week’s Federal Reserve …


Invest Not in Politics but in Economics

Mish Schneider | September 15, 2024

I enjoy sharing with you, my new and devoted readers, the notes I send out to media producers.

In this case, I share my notes with a follow up of how the main themes played out.

Then, I map out …


Classic Hump Day Trading After Mixed CPI

Mish Schneider | September 11, 2024

Looking at the daily S&P 500 chart, we can see we are sitting on the hump this fine Wednesday.

By the hump I mean that given the negative sentiment to start the day, SPY rallied and closed just above the …


Turnaround Tuesday: Bitcoin & Cryptocurrencies Bottom?

Mish Schneider | September 10, 2024

Over the weekend I showed you a weekly chart of Bitcoin.

That chart showed how clutch this week would be for the coin as the price held the 50-week moving average and needed to continue to do so.

For today, …


Technical Monday: Eyes on the Transportation Sector IYT

Mish Schneider | September 9, 2024

Over the weekend I wrote,

“Bulls want to see IYT hold above its 50-WMA. Otherwise, we believe IYT can get closer to the 200-WMA, but it will not fail it again.”

As Monday began, the first green day in September, …


Economic Modern Family-The Good, Bad and Ugly

Mish Schneider | September 8, 2024

Is September scaring you enough?

After all, the month started out shaky and ended the first week worse than it began.

Does this mean we are headed for a much bigger fall?

Some analysts are saying that we can expect …


Is the Market Over the Hump?

Mish Schneider | September 4, 2024

Yesterday, we talked about exercising caution when trading on adages.

Plus, we warned you to be careful not to become too extreme in sentiment.

Then, I pointed out how the “inside” sectors were outperforming and perhaps suggesting things aren’t as …


Market Does a Turnaround Tuesday to Start September

Mish Schneider | September 3, 2024

By now I am sure you have heard how horrible September usually is for the markets.

Indeed, the start of September looks a lot worse than it did at the end of August.

Nonetheless, be careful trading on adages.

And …


Market Thoughts This Labor Day Weekend

Mish Schneider | September 1, 2024

Each week (sometimes more often) I write notes for the various producers in the media.

For this long weekend, I am offering them to you as food for thought.

In the overall macro theme, I am sticking to this for …