The July 6-Month Calendar Range Hits August Doldrums

Mish Schneider | August 7, 2023

Summertime and the living should be easy.

Folks do tend to go away in August as the market tends to chop around on lower volume.

This August proves to be no exception thus far.

What is interesting though, is looking …


A Fresh Look at Precious Metals

Mish Schneider | August 6, 2023

 

We finished a very heavy week filled with all kinds of data:

  • Fitch Downgrade
  • Earnings-Amazon up Apple down
  • Jobs Report-Wages rising
  • Treasury Yields higher-at October 2022 highs
  • Record temperatures around the globe-including winter in S. America
  • Oil prices rise

  • Granddad Russell, Grandma Retail and Grand Debt

    Mish Schneider | August 2, 2023

    On August 1st as many cheered the rise in GDP, partly because consumer spending is 70% of the GDP, another agency did not cheer at all.

    With Government Debt to the GDP ratio super high, coupled with high interest rates, …


    Will Rising Oil Prices Smack the S&P 500?

    Mish Schneider | August 1, 2023

    As the market and economy cheer the rise in GDP, we can thank consumer spending: 70% of GDP, services (what consumer pay for in aid, help or information): 45% of GDP and government spending: about 19% of GDP.

    Hence, one …


    What Does it Take to Build EV Charging Stations

    Mish Schneider | July 31, 2023

    Headline over the weekend:

    GM, Other Big Automakers Form EV Charging Joint Venture

    Tesla is the dominant player in the EV space. And as such, and its supercharger network, several car companies have teamed up with Tesla for their charging …


    Macro to Micro - Seasonals, Trends and Momentum

    Mish Schneider | July 28, 2023

    For the weekend, we invite you to listen to Mish’s live coaching session for the Complete Trader members only.

    During the 45-minute session, you will hear and see:

  • The Indices along with Calendar Ranges and Momentum Indicators
  • The Economic Economic

  • The July 6-Month Calendar Range SPY QQQ IWM TLT

    Mish Schneider | July 26, 2023

    After the Fed meeting, we thought it would be useful to see the July calendar ranges and give you a brief lesson in how to use them.

    Who is this for?

    The price levels defined by this trading method have …


    Commodities Are the Best Investments

    Mish Schneider | July 25, 2023

    For today, I used ChatGPT to ask which companies store raw materials.

    After all, you cannot have capital investing in infrastructure without raw materials.

    You cannot have geopolitical issues without concerns about oil and energy.

    You cannot have weather issues …


    Now That the July 6-Month Calendar Range is Set

    Mish Schneider | July 24, 2023

    By now, you might have read either my or Geoff’s article on the July 6-month calendar range reset.

    If not, I highly recommend you click on Geoff’s “Trades and Tutorials” above.

    The chart of the Russell 2000 (IWM) shows a …


    Economic Modern Family Re-Set in July-Blueprint

    Mish Schneider | July 17, 2023

    This will be the only Daily for this week.

    A new one will be available July 24th.

    As such, two key areas are in focus and both reliable in determining next moves in the market.

    First, we have the charts …