We Are in the Business to Make Money

Mish Schneider | March 17, 2020

Since I did a comprehensive interview with Dale Pinkert of Forex Analytics early today, I thought you might enjoy a listen.

Here are some highlights from our time together.

  • We have a trifecta of junk-the virus, the oil market and

  • Worst Selloff Since 1987

    Mish Schneider | March 16, 2020

    The Russell 2000 IWM worst sell off ever.

    I was on the floor of the NY Commodities Exchanges on October 19th, 1987.

    At the time, high rates were partly to blame for the crash.

    The stock market took a year …


    Market Matador Counts on Querencia-Olé!

    Mish Schneider | March 15, 2020

    Metaphor for the week:

    In bullfighting there is a term called querencia. The querencia is the spot in the ring to which the bull returns. Each bull has a different querencia, but as the bullfight continues, and the animal becomes …


    “It’s Going to Bounce Back Very Big”

    Mish Schneider | March 12, 2020

    Trump said this at the White House early Thursday.

    Yet, that is not the topic for today.

    Rather, this post is about the FED and their attempt to calm the markets.

    Less talky and more actiony than Trump, in essence, …


    When Buy and Hold Leads To This

    Mish Schneider | March 11, 2020

    The most disturbing part of this whole market debacle is that I am getting calls from friends who have lost well more than 6 figures from their retirement accounts.

    Page 61 from my book Plant Your Money Tree-A Guide to …


    Bulls Riding Bears-I Got This!

    Mish Schneider | March 10, 2020

    To follow up on the Biotechnology IBB sector, it failed the low price from two weeks ago (109.70) until headlines (below) hit the tape.

    Furthermore, four of the Modern Family members have broken a monthly moving average that has held …


    Big Brother Biotechnology-How Big is Big?

    Mish Schneider | March 9, 2020

    Today, the ETF that holds Biogen, Regeneron, Amgen, Gilead as four of the top ten in its basket, sits near the low price from two weeks ago (109.70).

    I designed the Economic Modern Family with the notion of economic cyclicals …


    Are Market Dip Buyers Like The Invisible Man?

    Mish Schneider | March 8, 2020

    What better quintessential metaphor for the current market action?

    The Invisible Man was written by H.G. Wells in 1897.

    The main character, Griffin, invents a way to become invisible, but fails in his attempt to reverse it.

    Those analysts and …


    The Modern Family’s Inside Weeks Get Picked Off

    Mish Schneider | March 5, 2020

    Coming into today’s session, Biotechnology IBB was the only member of the Economic Modern Family that was not having an inside week.

    Those wondering why Biotech is part of the Family, have gotten a birdseye view at the sector’s relevance.…


    Market’s Love in the Time of Coronavirus

    Mish Schneider | March 4, 2020

    Some people call today’s rally the Biden bump.

    Others call it the obvious bounce after extreme fear and volatility.

    Some call it a bottom.

    Still others call it the rally into resistance.

    I call it Love in the Time of …