Economic Modern Family Acts Tone Deaf

Mish Schneider | June 23, 2020

I hear a symphony..

Only there are some discordant notes.

On the one side of the orchestra we have NASDAQ FAANG and Tech building to a crescendo.

On the other side we have the Russell 2000, Retail Regional Banks and …

The Market Will Not Go Down Unless..

Mish Schneider | June 22, 2020

Unless…

The death rate from COVID-19 spikes-not the number of cases.

The dollar keeps failing while the yuan grows in demand.

The civil unrest surges to the point of riots, hence unavoidable disruption.

War breaks out in North Korea or …

Five Themes to Trade in the Market

Mish Schneider | June 21, 2020

No doubt our Economic Economic Modern Family continues to give us reasons for concern.

To end the week, Regional Banks KRE, Transportation IYT, and the Russell 2000 IWM, not only all failed to clear their upper ranges and moving averages, …

The Elephant in the Market

Mish Schneider | June 17, 2020

“I don’t see us wanting to run through the bond market like an elephant snuffing out price signals, things like that.” Powell

Powell is referring to the Fed’s plan to expand its purchase of bonds beyond ETFs, and into individual …

Market-Is That the Best You Got?

Mish Schneider | June 16, 2020

Jerome Powell’s talking points today:

  • “Millions” of people will not return to work for some time because of the aftershocks to businesses from the health scare.
  • Fed has not committed to the hotly debated concept of yield curve control to
…

Let the Economic Modern Family Be Your Guide

Mish Schneider | June 15, 2020

After the Fed announcement that they will be buying corporate bonds, the market took off.

Like mentioned in the weekend Daily, we must go back to the stick in the mud, or NASDAQ 100 and its island top.

Until the …

Did the Market Really Top?

Mish Schneider | June 14, 2020

After last Thursday’s nearly 1900-point decline, I recorded a video for StockChartsTV.

Then, on Friday, we saw four distinct trading patterns emerge.

First, many instruments had inside days or traded within the range of Thursday’s trading range. Is this surprising? …

WOOD-One of the Best Lead Indicators

Mish Schneider | June 10, 2020

Gold shot up, Bonds TLTs rallied, oil flew, and the economic Economic Modern Family showed its reliability once again.

After the FOMC and the super dovish minutes were released,

here is the skinny of the FOMC major points:

Unlimited stimulus, …

How Prodigal is our Prodigal Son Regional Banks?

Mish Schneider | June 8, 2020

Are you wondering how bonds, gold, volatility, the S&P 500 and NASDAQ can all run up on the same day?

Plus, Beyond Meat, Amazon, Cannabis, Tesla and Oil and Gas Exploration partied like they boarded SPACEX!

Well, think of it …

What Does a Market Topping Pattern Look Like?

Mish Schneider | June 7, 2020

I love this photo.

If you see it right side up, it looks like a piece of deadwood coming out of the tree trunk.

Upside down, it looks like the head of a bird.

Ok, maybe a somewhat prehistoric bird, …

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