Written by Mish and Forrest
Recently our proprietary momentum indicator (RealMotion) seen in the chart above, shows a divergence in momentum and price for the transportation sector (IYT).
While the price of IYT currently sits above the 50-day moving average, …
Written by Mish and Forrest
Wednesday’s inauguration marks an interesting time for the economy.
The new administration has shown that clean energy tech is on the table as a way to push for new jobs in the industry along with …
Written by Mish and Forrest
The transportation sector (IYT) closed .36% lower Tuesday. It was the only member of the Economic Economic Modern Family to end the day red.
On the other hand, the retail sector (XRT) ended almost a …
Written by Mish and Forrest
Friday, three of the major indices gapped lower ultimately closing negative for the week. The Russell 2000, although down on Friday, closed up on the week.
With the media pointing to a slew of reasons …
Written by Mish and Forrest
The market digests its recent highs amidst a rush of politically charged news as more riots and a second impeachment dominate headlines.
We believe the market is more focused on the economic plans of the …
Written by Mish and Forrest
Grandad Russell 2000 (IWM) and Granny Retail (XRT) Make the Perfect Power Couple.
The Russell 2000 (IWM) followed his wife (XRT) Retail, to new highs today while major indices sit under their recent highs.
Granny’s …
Written by Mish and Forrest
A week or so ago, silver was all the rage.
The talk ranged from an inflation indicator, to the industrial usage to the outperformance to gold as key.
Then, last Friday, silver (and gold) tanked.…
Written by Forrest and Mish
It is only the end of the first week of January and already many of our picks in Mish’s Outlook 2021 have made big money.
However, for StockchartsTV last Friday, Mish picks out 17 of …
Written by Forrest
Mish’s Market Minute Advantage members bought DDD on November 9th.
Then, the service added to the position on Wednesday, January 6th.
Furthermore, Mish went on Real Vision on the 5th and told those attendees that she believed …
Written by Mish and Forrest.
All the major indices closed with an inside day, meaning that today’s price range fits completely inside the prior days price range.
This can be seen in the above 4 charts.
Monday also brought us …