Economic Modern Family-Granny Did It! Retail Rallies

Mish Schneider | November 24, 2024

How long have we talked about the massive nearly 11-month price consolidation in our dear Granny Retail XRT? 

What we waited for was a weekly close over 79.20, a level we have not seen since February 2022. 

The Family, catching …


Are Diet Drug Companies Over the Hump?

Mish Schneider | November 20, 2024

For hump Wednesday, I am asking the question on whether the two premier diet drug companies are finally over the hump and have stopped the bleed?

Today I read this:

WEIGHT-LOSS DRUG COVERAGE RISES AMONG LARGE US EMPLOYERS IN 2024: …


Has Granny Retail Reversed or Ever Breakout?

Mish Schneider | November 19, 2024

For Turnaround Tuesday, let’s reexamine the ETF XRT, which we have tracked all year. 

Since February 2024, XRT has been in a massive consolidation. 

While the ETF recently looked poised for a breakout and a weekly close over $80, the …


Technical Monday: How Key Ratios Measure Risk

Mish Schneider | November 18, 2024

I ended last week on Maggie Lake’s podcast.  

During the discussion, we covered a lot of topics, and I encourage you to go have a listen as we offer actionable information. 

One of the topics we covered is the notion …


Reality Sets into the Economic Modern Family

Mish Schneider | November 17, 2024

The week right after the election, the Family was downright jubilant.

This past week, the best word to describe them as is disappointed.

Disappointed is not as bad as say, dismayed.

Nonetheless, all the gains after the elections dissipated.

Some …


What is High Yield/Debt Bonds Saying (HYG)?

Mish Schneider | November 13, 2024

With all the euphoria in the market, junk bonds help calm the noise.

Why?

Because

Firms that issue bonds are generally looking to raise capital for growth, expansion, debt restructuring or other cash-flow for their business.

Companies that issue high-yield …


Turnaroud Tuesday: Did Canna Finally Bottom?

Mish Schneider | November 12, 2024

This story came out today about Trump’s potential policy on cannabis. 

The statement by Chris Christie: 

When I was asked about the election, I talked about 3 commonalities among both candidates. 

  • Bitcoin-maybe the market perceived Trump as more bullish, but

  • Technical Monday: ARKK Then and Now

    Mish Schneider | November 11, 2024

    On October 28th my Daily article said this:

    Considering the bull market of 2024, Cathie Wood’s ARKK fund (she has 6 ETFs) over 2 years and a lot of sideways price action, could now be a potential player.

    Remember, ARKK …


    What Does the Economic Modern Family Say Now?

    Mish Schneider | November 10, 2024

    NOTE: Weekly charts except for TLT and BTCUSD, both Daily charts

    Considering where the Economic Modern Family was just a few weeks ago, clearly euphoria has spread since the election.

    There are though, key levels to watch, not to mention …


    Food Commodities Comeback-1st Sugar, Now Soybeans

    Mish Schneider | November 7, 2024

    It should come as no surprise that I have been watching sugar futures carefully for years.

    As the 3rd in my trifecta of inflation indicators, sugar has been sitting in wait.

    However, the chart looks incredible, but we will get …