Commentary from the weekend Daily:
“In the current market, the price action and negative phases in the indices hang precariously.”
“For this week, take heed on the negative phases and the waning weekly charts. Unless that changes, this is a …
Outside our hotel room in Vancouver, I watched this window washer remain extraordinarily calm whilst he precariously stood in his scaffolding 14 stories high.
Incidentally, he also had a bird’s eye view into our room-but that’s another story!
Anyway, we …
On August 26th, after a 3-week vacation, I came back to observe and write this:
“I wish I could say it was that easy-that the SPY is not only doing better than it did in early August, but that it …
This summer for the first time in years, our trumpet vines are in full bloom!
And what a happy sight that is.
Hummingbirds love them.
They add a delicious slab of color against our drab coyote fence.
And, they remind …
From Monday’s blog:
Do keep your eyes on the potential bear flag should SPY (S&P 500) break down under 284.75. That will be a first clue of further weakness to come.
Technically, bulls want to see SPY have a weekly …
First off, I’d like to thank Geoff Bysshe for covering the Daily while we vacationed.
How many trading companies can claim that they have nonstop free daily content provided by all their chief officers so you never miss a blog?…
Today’s commentary is by Geoff Bysshe, MarketGauge President, who’s filling in for Mish until August 24th.
It’s the weekend, so I’ve prepared the weekly charts of the Economic Modern Family with important trend and support lines.
Considering the big moves …
Today’s chart of interest is the weekly SPY.
As you’ll see in the chart provided, 295 was resistance 3 times before the SPY made all-time highs.
Now it’s been resistance for the last 3 weeks.
The trend line from the …
Grandma Retail had a good day.
Target and Lowes jumped on strong earnings reports today suggesting that the consumer is still strong.
Target is now at an all-time high.
This doesn’t make me want to buy XRT, but it does …
Today’s commentary is by Geoff Bysshe, MarketGauge President, who’s filling in for Mish until August 24th.
The weekly gold (GLD) chart is at an interesting level – the top of a channel and a 50% retracement to the 2011 high. …
Mish in the Media
View Mish's Media Highlights
New to Mish's Daily?
Discover Mish's Economic Modern Family
Mish's Articles
View Mish's article archive
