Somewhere Over the Market Rainbow

Mish Schneider | September 22, 2019

What do we know about rainbows?

Rainbows are optical illusions.

They appear in the sky opposite the sun.

Rainbows can be full circles, although we normally see them as arcs.

Although many rainbows can exist, only one can be seen …


Key Levels for Indices and Sectors

Mish Schneider | September 19, 2019

As I wrote yesterday, we need to look no further than the Modern Family.

We are staking the next bigger move on what happens on Granny Retail XRT, or the brick and mortar sector of the economy.

Yesterday we asked, …


Central Banks Hold Sacks of Potatoes with Their Tongue

Mish Schneider | September 18, 2019

Today, the Federal Reserve cut interest rates by ¼%.

The division among the Fed runs from lower more to keep the status quo, to raise the rates.

However, is any of that meaningful in the long run?

The Russell 2000 …


The Economic Modern Family: What’s Changed?

Mish Schneider | September 17, 2019

With the entire Family holding recent gains and potentially consolidating, we wait for one sector to show us the way.

I am continuing with the plan to keep Tuesday and Thursday’s Daily brief.

With more thorough commentary on Monday, Wednesday …


How Does the Oil Move Impact Other Commodities?

Mish Schneider | September 16, 2019

Over a week ago, I featured a few commodities ETFs.

GSCI Commodity Index GSG, the US Commodity Index USCI and the DB Agricultural Fund DBA.

At the time, I focused on how those charts are a reliable barometer on whether …


A Glimpse into the Week with the Silver to Gold Ratio

Mish Schneider | September 15, 2019

I apologize to the artist who did this sculpture as I did not see your name.

Sometimes I wonder if I lived under a rock and never read or saw any news, and only had charts to look at, how …


Indices and Key Sectors Levels for Friday

Mish Schneider | September 12, 2019

Last night I began with a poem:

Granddad Russell, a rally whoa!
How much further will you go?
And can your wife Gran Retail soar?
Or will XRT stop at forty-four?

The purpose of the poem was to direct your …


Short Poems About Value and Small Caps

Mish Schneider | September 11, 2019

Granddad Russell, a rally whoa!
How much further will you go?
And can your wife Gran Retail soar?
Or will XRT stop at forty-four?

And so is my poem and my topic.

Of course, the entire family has enjoyed a …


Key Levels in Indices and Sectors

Mish Schneider | September 10, 2019

Sector rotation continued.

Granny Retail XRT is still top carrot (or the green sprout.)

Regional Banks KRE came in second with Transportation IYT third.

The Russell 2000 IWM cleared the moving averages.

Semiconductors SMH saw more selling.

The yields also …


Stirring the Economic Modern Family’s Soup

Mish Schneider | September 9, 2019

The week opened with sector rotation.

We came into this week with Semiconductors SMH, the strongest of the economic Modern Family, and Transportation IYT the next strongest sector.

On the weaker end was Retail XRT, Regional Banks KRE and Biotechnology …