The Stock Market Devil Baits Bulls with Momentum

Mish Schneider | April 15, 2019

At the close of last week, the Russell 2000 IWM, Semiconductors SMH, Transportation IYT and Regional Banks KRE performed well.

Concurrently, Biotechnology IBB and Retail XRT, struggled.

That left us wondering for today:

Will the Economic Modern Family adapt to …


4 of 6 Economic Modern Family Members Perform on Command

Mish Schneider | April 13, 2019

On Friday, the Russell 2000 IWM, Semiconductors SMH, Transportation IYT and Regional Banks KRE performed on command.

Not quite as adorable as these four Havanese pups, the one index and three other sectors did at least keep the bulls smiling.…


Is All the Stock Market’s Love in Vain?

Mish Schneider | April 11, 2019

Robert Johnson wrote the blues song Love in Vain long before The Rolling Stones made it a hit.

In the song, a man is taking his failed romantic partner to the train station.

The train pulls out of the station …


Stock Market Hires the Bug Bouncer

Mish Schneider | April 10, 2019

As we were gassing the car up the other day, a pick-up truck idled at the next pump.

When I saw the logo of a termite holding a barbell embossed on the side of the truck, I grabbed my iPhone …


One Day After Hammy’s Bath, the Market Takes One Too

Mish Schneider | April 9, 2019

Last night I wrote about Hammy, and that his spring bath was delayed until this past weekend because of unusually cold weather.

Before Hammy’s bath, the Russell 2000 reached a high of 157.47 last Friday.

Yesterday, the Russell confirmed the …


After a Long Winter Rally, Hammy the Pig Gets His Spring Bath

Mish Schneider | April 8, 2019

How many can say they have been kissed by a pig?

Hammy and I started our love affair in February when he became our mascot for the Chinese New Year of the Pig.

This year, since the element is water, …


The Economic Modern Family Crossed These Lines to Live

Mish Schneider | April 6, 2019

One of the most memorable Robin Williams routines, was the one he did about Gaddafi.

“This a line of death. You cross it, you die.” Then he takes a step back and says, “OK, you cross this line, you die.” …


Food Porn-Is it Time to Buy Soft Commodities?

Mish Schneider | April 4, 2019

Today, the equities market and many commodities rallied.

Sugar, wheat, corn, soybeans, and cocoa all had significant gains.

A while back, I did a piece for RealVision on sugar futures as a sign of potential inflation.

Click on “sugar futures” …


Granddad Russell 2000 Feels Immortal and Finite at Once

Mish Schneider | April 3, 2019

Meow Wolf, Santa Fe

“Grandchildren are at once, emblematic of your immortality and a constant reminder of your own finiteness.”

A perfect description of today’s action and what, if IWM could talk, he might say.

The day began with a …


Is the Market Rallying in all the Wrong Places?

Mish Schneider | April 2, 2019

In the three scenarios we laid out last night:

1. IYT clears that high and IWM plays catch up.
2. SPY reverses from its new swing high while QQQ and SMH never reach theirs.
3. IWM sells off, spooking everyone …