Key Technical Levels-The Good, the Bad and the Ugly

Mish Schneider | March 26, 2020

This is a shot  of our BigView tool-the indices with our real motion indicators.

All you need to know-

First-the momentum has turned the corner for falling to rising.

Secondly, here are the key closing levels for the week to …


Economic Modern Family Gnomes-How’d They Do?

Mish Schneider | March 25, 2020

We came into today with Transportation IYT, Retail XRT, Biotechnology IBB, and the Russell 2000 IWM all having inside weeks.

I do not mean any insult calling a Family of my creation gnomes, but since the rally today was mythical …


The Economic Modern Family’s House Still Stands

Mish Schneider | March 24, 2020

I expected a 5-10% rally off the lows.

What I did not expect, was it to happen in one day.

However, the bigger question now is, is there more?

Fundamentally, the problems are still very much problems.

Italy’s death rate …


To All the Bulls I’ve Loved Before

Mish Schneider | March 23, 2020

Rather than comment on commodities, which I hope you read in my blog about over the weekend and saw today how well they performed relative to the overall market, I want to dedicate the Economic Modern Family to those singing, …


Who’s Done the Market Wrong?

Mish Schneider | March 22, 2020

“Come up and see me sometime,” are six words nobody is saying these days.

The film She Done Him Wrong, was made in 1933, although it takes place in 1890 NYC.

Mae West’s character Lady Lou, an entertainer, receives a …


Why Are Investors Drinking the Bullish Kool-Aid?

Mish Schneider | March 19, 2020

Today I asked this question on twitter:

“Can I ask a simple question-why do I see so few thinking sell opp as opposed to the hopeful mentality of this must be a bottom? Why do you think this is like …


Hot Air Blows the Market Over-What to Watch Now

Mish Schneider | March 18, 2020

Literally, just as the circuit breakers halted the market action midday, as they have four times already this week, the “experts” were talking their what?

Positions?

Egos?

Disregard for the public’s safety?

Bill Morris Principal CEO of MCP Ventures said …


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 …