The Way of an Eagle: 6 Key Trading Lessons

Mish Schneider | July 17, 2016

While vacationing in Alaska, I pointed my camera up at this eagle in awe of how majestically it sat high on his perch, perfectly balanced.

As we ended last week, it is with the same awe I watched the S&P …


The S&P 500's Journey to Enlightenment

Mish Schneider | July 14, 2016

In past years I focused a lot on the comparisons between the market and the astrological symbols of the Chinese New Year. 2014 was the Horse, a year that saw gallops and bucks. 2015 was the Sheep, a year that …


Past and Future Between a Rock and a Hard Place

Mish Schneider | July 13, 2016

In the world of trading the island top pattern is as rare a site as is the multi-million year old Taughenbaugh mesa.

A classic example of mountain-top erosion, it was with the same eye we looked at the possible exhaustion …


When the Bond Sugar High Wears Off

Mish Schneider | July 12, 2016

The word “cake” and all it implies comes up a lot for me lately.

The market rewards corporate profits and investors by letting them “have their cake and eat it too.”

We see the 21st century version of people revolting …


Long Bonds: The Market Rainbow's Dead-End

Mish Schneider | July 11, 2016

Photo by JR Lancaster

Have the interest rates finally bottomed? If so, will that take the market’s somewhere-over-the-rainbow rally down a dead-end?

After closing last week on new all-time highs, this week begins with TLTs (20+ Year Treasury Bonds) closing …


Look Ma, 18,000 in the Dow and No Gremlin!

Mish Schneider | July 10, 2016

For roughly a year and a half to describe market conditions, I’ve borrowed and used a concept from two classic TV shows. The Twilight Zone’s Terror at 20,000 Feet and The Simpson’s Terror at 5 ½ Feet. Both episodes depict …


18,000 in the Dow-A Climb to Nowhere?

Mish Schneider | July 7, 2016

Photo: JR Lancaster

Last night we went paragliding. And we almost got the Dow to launch to 18,000! However, just as the Dow got within 20 points away from altitude, it did what it has done with every attempt to …


The Dow Paraglides Towards 18,000

Mish Schneider | July 6, 2016

Wyoming

Paragliding is a sport in which a wide parachute is attached to a person’s body with a harness. This allows one to glide through the air after jumping from or being lifted to a height.

Might we say the …


Has the Market Baked a Mud Pie or Fudge Cake?

Mish Schneider | July 5, 2016

We came upon this sight while hiking after some heavy rains in Southern Utah. A captivating paradox where mud looks tasty enough to eat.

After a long weekend and a plethora of articles written with the theme, “What Brexit?”, the …


Pockets Filled With Gold

Mish Schneider | July 2, 2016

Mish as Charlie Chaplin Photographed by Kerry Sherck

The film Charlie Chaplin wanted most to be remembered for is “The Gold Rush.” Indeed, last week’s market saw its own version of a gold rush. Cash gold ended above the 200 …