The Market’s Baroque Doors, Gloomy Rooms

Mish Schneider | August 12, 2017

The doors in Santa Fe are fabulous. The older ones were made with ornate and intricate woodcarvings. Their colors conjure up the southwest landscape.

People buy them and replace their modern doors for these. In contrast, these historical portals frequently …


The Fire Rooster Cock-a-Doodle-Dies

Mish Schneider | August 10, 2017

Back in January 2017, I wrote about the Chinese New Year’s Astrological sign of the Fire Rooster.

At the time, I reported that “Yin fire is still positive for the economy and the optimism continues to bring confidence to buy, …


Everything At Hand

Mish Schneider | August 9, 2017

Saw this piece locally. I love it!

The sculptor explores iron as a profoundly symbolic material.

He believes that iron’s “regenerative matter, aesthetic malleability and cultural meaning resonate…”

The name of the piece is “Everything at Hand.”

Much the same …


The Disambiguous Ambiguous Market Waltz

Mish Schneider | August 8, 2017

Who is beating the drums? He’s smiling so he must be happy, right?

Same question to the market. Who is buying the new highs in the S&P 500, the Dow and NASDAQ?

With so much money around and no other …


Thank You for Buying; Come Back Soon

Mish Schneider | August 7, 2017

Please allow me to be the gazillionth person to tell you that the Dow made another new all-time high, now 9 days in a row.

Please allow me also to repeat to you that this market continues to wear many …


The Market’s Many Faces

Mish Schneider | August 6, 2017

We got bullish faces. We got warning faces. We got bearish faces.

We even got two-faced faces-half bullish, half warning.

We also got Hopeful Faces in Recovery Phases.

Bullish Faces: The Dow, the S&P 500, Regional Banks, Biotechnology, Gold, Solar …


Semiconductors Chip Away

Mish Schneider | August 3, 2017

The precocious youngest sibling, Sister Semiconductors (SMH) represents The U.S. Semiconductor industry.

This industry has been a major innovator among all U.S. industries.

The Semiconductor Industry is the newest industry among the Economic Modern Family.

Economists estimate that all productivity …


The Market’s Witching Hour

Mish Schneider | August 2, 2017

This Mexican wood carving represents one’s struggle between clinging onto life and staving off death.

The doctor, as life giver, places his hand on death’s head to push it away from his patient.

The patient grabs a hold of the …


Is Charles Dow Rejoicing or Rolling Over?

Mish Schneider | August 1, 2017

Charles Dow 1851-1902, co-founder of Dow Jones & Co. and founder of the Wall Street Journal, had a theory.

Dow, the real Granddad of technical analysis, instituted the DJIA (Dow Jones Industrial Average) in 1896. That tracked the closing prices …


Will Big Pharma Sedate the Market Rally?

Mish Schneider | July 31, 2017

Anointed “Big Brother,” IBB is a great way to assess if, how and where money flows into the market.

Big Brother has many functions in the United States.

He represents the pharmaceutical companies because of the power they have over …