Written by Mish and Forrest
The new year brings a rocky start via the Economic Economic Modern Family.
The transportation sector (IYT) of the Family made the most influential move of the day testing the 50-day moving average [DMA].
Considering …
2020 is about to finally become ‘history’, but as we know, the markets listen to history, so the best and worst of 2020 will not soon be forgotten (nor should it).
With this in mind, today’s Mish’s Daily is a …
Written By Mish and Forrest
Strength picks up in Food commodities as securities struggle amid final stimulus negotiations.
The situation is now in the senate’s hands to pass or decline the $2000 dollar stimulus checks.
A large amount compared to …
Written by Mish and Forrest
With another short trading week, it’s best to stay cautious as price action can get wacky towards the year’s end.
Fund managers will rebalance their portfolios by selling losers and replacing them with strong performers …
Written by Mish
While Brexit settled, stimulus checks in the US were debated and Alibaba got their hand (stock) slapped, a few other events that did not make headlines occurred.
First, corn, soybean and sugar futures all advanced to new …
Written by Mish and Forrest
As the media focuses on a worsening situation with a new variant of the virus, Mish's Economic Economic Modern Family shows that not all is doom and gloom.
Grandad Russell 2000 (IWM) is sitting right …
Written by Mish and Forrest
Monday has brought a string of events as the country waits for congress to vote on the stimulus bill, to the possibility of another wave of covid, as a mutation of the virus is currently …
Written By Mish and Forrest
Friday was Triple witching day, meaning that stock options, stock index options, and stock futures contracts were all due to expire.
This happens four times a year and can lead to increased volume as money …
Written by Mish and Forrest
FOMC report came out today keeping rates unchanged as the Fed continues to buy into bonds thus, supporting the market going forward.
Both the S&P 500 (SPY) and the Nasdaq 100 (QQQ) closed green on …
Written by Mish and Forrest
In the past month we have written about the Russell 2000 (IWM) Index leading the market higher.
Recently, IWM's stellar performance has revealed it as the new superhero of Mish’s Economic Economic Modern Family.
Today …