Written by Keith Schneider (on behalf of Michele Schneider) and Wade Dawson
Big Bro Biotech (IBB) is the most highly speculated and volatile sector of Mish’s Economic Modern Family. IBB is breaking out to new highs displaying Leadership.
The mid-terms …
Written by Keith Schneider (on behalf of Michele Schneider) and Wade Dawson
The Big View: Key Investment Themes by Decade 1950-2022. During the 1970s commodities and emerging markets led with cumulative 1,500% USD returns.
Market leaders are constantly evolving and …
Written by Wade Dawson and Michele Schneider
The lithium market is insignificant in comparison to more established commodity markets – yearly global oil output is worth more than $3 trillion at present rates.
The race to secure lithium supplies is …
Written by Wade Dawson and Michele Schneider
The Dow Jones Industrial Average (DJIA) had a good day and broke over the 200-day moving average.
It is …
Written by Wade Dawson and Michele Schneider
Global X Copper Miners (COPX) found support twice at the 200-week MA.
While the midterm elections are next week, there was massive speculation about China loosening COVID-19 restrictions.
Additionally, with a lack of …
Written by Wade Dawson
On Tuesday, retailers heavily sold off, with the rest of the market. Granny Retail (XRT), or SPDR S&P Retail ETF, declined 4% and crossed the 50-day moving average.
The Fed has never raised the target interest …
Written by Wade Dawson
IWM is about to reclaim and cross its 200-day moving average and the Real Motion Indicator is crossing the zero-line displaying strong upward momentum. IWM looks to be on the verge of a strong break out. …
Written by Wade Dawson
Popular commodity ETFs listed in descending order by year-to-date performance to 10-31-2022. For comparison, IWM, SPY, QQQ, and DIA performance highlighted. PALL ETF is the last ETF positive year-to-date. Please note that multiple commodity ETFs above …
Written by Wade Dawson and Mish Schneider
Consumer Discretionary is defined by the Consumer Discretionary Select Sector SPDR ETF (XLY) and Consumer Staples defined by the Consumer Staples Select Sector SPDR ETF (XLP). The chart displays the price ratio, or …
Written by Wade Dawson and Mish Schneider
This week it is crucial for traders to maintain the overall macro firmly in their vision.
We are keeping an eye on the indices, currency movements, the PCE print, and the GDP statistics.…