With Jerome Powell so data dependent as he stated on his second and last day of testimony, it seems pretty obvious where most of the growth and labor strength is coming from.
Not the first time we have seen semiconductors …
Jerome Powell brought reality to the market.
"The latest economic data have come in stronger than expected, which suggests that the ultimate level of interest rates is likely to be higher than previously anticipated," Powell told the Senate Banking Committee …
The 23-month moving average or a 2-year business cycle-is particularly important this year after a big up then down year-looms large.
Looking at Granny Retail, that business cycle not only leaves investors with the trading range resistance, it also shows …
By Michele ‘Mish’ Schneider
This past week our Daily content proved itself invaluable.
We directed our readers to look at buying Natural Gas, Crude Oil, Steel, Aluminum, Corn, Sugar, and NASDAQ.
To review these Daily’s, please check out Market Beat …
By Michele ‘Mish’ Schneider
For those of you who read our Daily are by now, learning about the value of our scanning tools, quants and the Complete Trader.
What we are trying to accomplish, is not only how best to …
By Michele ‘Mish’ Schneider
Why are Large Cap Leaders leading?
While the major indices still try to sort out the next interest rate direction, soft, hard or no landing, and/or if inflation has peaked, a few stocks have dominated.
Companies …
By Michele ‘Mish’ Schneider
Stuck is a word we have used a lot lately.
Some common synonyms for stuck are jammed, trapped, put, pushed, and caught.
Nasdaq is stuck, jammed, or whichever word one wishes to use.
And that’s price.…
By Michele ‘Mish’ Schneider
The week starts out exactly how we expect.
The SPY and indices stuck in the trading range within a trading range.
The latest economic data weak, hence causing buyers to return to the market figuring bad …
By Michele ‘Mish’ Schneider
After the CORE PCE numbers came out on Friday, the market had the expected reaction of selling off in anticipation of a more aggressive Fed.
To us, we find the reaction less than surprising.
What we …
By Michele ‘Mish’ Schneider
What if sugar futures are really onto something?
What if they are relaying food shortages?
More social disruption?
The Start of Russian hoarding?
Which leads to Geopolitical hell?
And all the inflation theories that could still …