Will the Market Get From Point A to Point B?

Mish Schneider | August 27, 2018

This is what New Mexico looked like during the building of its first railroad line.

Blasting a path through the mountains to lay track took a huge and costly cooperative effort by hundreds of people.

The owners of the rail …


When the Market Drops a Leaf in Your Lap

Mish Schneider | August 26, 2018

Each is imprisoned to an idea and an identity.

Isn’t this the ultimate dilemma of the discretionary trader?

If there is a lesson to be learned from the bronze sculpture, it’s that when a leaf falls into one’s lap, one …


The Market’s Four Directions

Mish Schneider | August 23, 2018

Apache Crown Dancers wearing black masks, represent the four directions. North, South, East and West.

So far this week, Transportation (IYT) posted a topping pattern based on a new high followed by a high-volume break of the prior day’s lows.…


Can the Market Live on Canned Rations?

Mish Schneider | August 22, 2018

Scientists who worked on atomic weapons in the 1940’s, prepared for the worst with the pictured survival rations.

Cans of flour, biscuits, crackers, and water were stockpiled.

Although not an ideal diet, bread and water will at least help one …


The Russell 2000 Pulls a No-Brainer

Mish Schneider | August 21, 2018

The lifespan of the largest brain corals is 900 years.

Feels like the lifespan of this bull market, no?

Last night we wrote, “While we would like to see IWM (Russell’s) clear the ATHs, that pattern of lower highs will …


Market Moves Further Away from Danger

Mish Schneider | August 20, 2018

Will Dubby Fuqua-Sculptor From the Arnold Lieberman Collection

First off, thank you Geoff Bysshe for filling in with your excellent and helpful insights on the market!

As we were away for 2 weeks, a review of the Economic Modern Family …


The Bulls Are Moving To Different Pastures

Geoff Bysshe | August 19, 2018

Friday’s up move in the SPY, DIA, and IWM further solidified the shift that had been happening all week.

The shift is the bulls shifting their preference of big health tech stocks into other areas of the market. The shift …


Retail vs. Semiconductors

Geoff Bysshe | August 16, 2018

The retail sector was full of action today, but the XRT didn’t move.

This is because the sector is not one in which its members are all benefiting from the stronger consumer and economy.

For example, J.C. Penney, JCP, plunged …


Finally, This Sector’s at New All-Time Highs!

Geoff Bysshe | August 14, 2018

Yesterday’s bearish action reversed today, led by the sector we’ve been highlighting for some time – Retail (XRT).

The next question is, does it have the strength to continue if the market doesn’t rally with it?

Today it had the …


Two Cures For The Current Market Malaise

Geoff Bysshe | August 13, 2018

Stocks tried to shake off Friday’s bearishness this morning, but they couldn’t.

There may be several reasons why, and I’ll discuss them later.

First, the way in which the market acted today is worth noting.

The SPY and DIA peaked …