The Economic Modern Family and Their Kitten Bounce

Mish Schneider | October 6, 2019

The photo was taken by a friend of ours, who unexpectedly had a feral cat deliver these kittens in his garage. He’s now the proud daddy.

Typically called the dead cat bounce, for our purposes, we are calling this the …


Did the Market Bottom or Bounce?

Mish Schneider | October 3, 2019

This morning, the ISM report initiated a rapid sell off.

With a relatively healthy bounce back throughout the day the question is: bottom or short term bounce?

The indices will give us a better view of the broader picture.

Before …


The Investor Crowd Awaits a Buy in Cannabis Stocks

Mish Schneider | October 2, 2019

Vancouver-Queen Elizabeth Theater

Canada legalized recreational pot.

Mexico is working on legalization.

That would put the U.S. literally bordered by legalized pot.

Whether the U.S. follows in kind, remains to be seen.

But for now, 33 states have legal medical …


The Economic Modern Family Forecasted Today’s Bearish Roar

Mish Schneider | October 1, 2019

The Economic Modern Family has been struggling to see common ground since last October.

While they all sank into December, not all of them rallied off that low into 2019.

Today, they got in the last, “I told you so,” …


Bulls Return-Was it Enough?

Mish Schneider | September 30, 2019

Since we want consistency in a market and world that lacks it, we go to our reliable economic Modern Family’s weekly charts once again.

Shortened commentary today, let’s get right to the levels on the chart

S&P 500 (SPY) Inside …


Cloaked Shadows Lurk Behind Market’s Red Curtain

Mish Schneider | September 29, 2019

We all knew that coming into Friday with two inside trading days in several instruments meant the range break could be significant.

Looking at the Russell 2000 IWM for example, the 2 inside days resolved to the downside.

However, the …


Trading Range Persists: Key Levels for Friday

Mish Schneider | September 26, 2019

The market tested resistance and failed.

The market tested support and held.

That’s called a trading range.

We continue to see disparity among the key components.



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Stock Market Burlesque

Mish Schneider | September 25, 2019

According to Wikipedia, a burlesque is a literary, dramatic or musical work intended to cause laughter by caricaturing the manner or spirit of serious works.

The dictionary says that burlesque seeks to ridicule by means of grotesque exaggeration.

In the …


Despite the Market Tumble, NBEV Gets Irie

Mish Schneider | September 24, 2019

The Japanese Narcotics Control Division and the Japanese Ministry of Health have approved New Age's CBD products for sale in Japan.

In December 2018, I went on Real Vision and gave them this pick for 2019.

Little did I know …


Granddad Russell 2000 & Granny Retail: I’m Not Dead Yet

Mish Schneider | September 23, 2019

Over the weekend, we looked at the weekly charts of the Economic Modern Family.

We asked, “How is the market like a rainbow?”

We answered with, “This recent rally is built upon optical illusions.”

We are now in the autumn …