Tech Monday: Granny Retail XRT: A Lesson on Channels

Mish Schneider | September 23, 2024

Written last week, “Granny Retail XRT continues to have my attention. I will follow her. Over 80 I am all in on a bull run in equities. Under 70, I am cautious, if not bearish, in equities.”

I wrote this …


Economic Modern Family Musters a Run to Resistance

Mish Schneider | September 22, 2024

After a very busy week and a Fed pivot, this is a good opportunity to step back and examine the performance of the Family.

We will also look at Bitcoin, 2 commodity index funds and long bonds.

The intent is …


FOMC Lowers Rates Aggressively on Hump Wednesday

Mish Schneider | September 18, 2024

Are we over the hump?

Those of you who do not look at X, here is a great summary of today’s FOMC by the Kobeissi Letter:

  • Fed cuts interest rates by 50 bps for first time since 2020
  • Fed sees

  • Turnaround Tuesday-The Commodity Index Tracking Fund

    Mish Schneider | September 17, 2024

    Look at the headline of this chart and you can see that global FMS allocation to commodities is at a 7-year low.

    This is fascinating, particularly the day before the FOMC meeting and after an increase in M2 over the …


    Technical Monday-The Market Risk Gauges Tell All

    Mish Schneider | September 16, 2024

    Every week we review the big picture of the market's technical condition as seen through the lens of our Big View data charts.

    For Technical Monday, I want to focus on 3 key relationships ahead of this week’s Federal Reserve …


    Invest Not in Politics but in Economics

    Mish Schneider | September 15, 2024

    I enjoy sharing with you, my new and devoted readers, the notes I send out to media producers.

    In this case, I share my notes with a follow up of how the main themes played out.

    Then, I map out …


    Classic Hump Day Trading After Mixed CPI

    Mish Schneider | September 11, 2024

    Looking at the daily S&P 500 chart, we can see we are sitting on the hump this fine Wednesday.

    By the hump I mean that given the negative sentiment to start the day, SPY rallied and closed just above the …


    Turnaround Tuesday: Bitcoin & Cryptocurrencies Bottom?

    Mish Schneider | September 10, 2024

    Over the weekend I showed you a weekly chart of Bitcoin.

    That chart showed how clutch this week would be for the coin as the price held the 50-week moving average and needed to continue to do so.

    For today, …


    Technical Monday: Eyes on the Transportation Sector IYT

    Mish Schneider | September 9, 2024

    Over the weekend I wrote,

    “Bulls want to see IYT hold above its 50-WMA. Otherwise, we believe IYT can get closer to the 200-WMA, but it will not fail it again.”

    As Monday began, the first green day in September, …


    Economic Modern Family-The Good, Bad and Ugly

    Mish Schneider | September 8, 2024

    Is September scaring you enough?

    After all, the month started out shaky and ended the first week worse than it began.

    Does this mean we are headed for a much bigger fall?

    Some analysts are saying that we can expect …