The Market’s Bulging Belly Defies Heat and Gravity

Mish Schneider | June 29, 2017

What’s wrong with this picture?

In 90-degree heat, a grown man wears dark colors, long sleeves, jeans and hiking boots.

His bulging belly, which should defy holding up a hula hoop, keeps it circling regardless. He appears serene in his …


When Investors Don’t Know How to Use Stops…

Mish Schneider | June 28, 2017

Their positions may rust and collect spider webs.

After closing out Monday with NASDAQ and Semiconductors in unconfirmed Warning Phases and Regional Banks in a confirmed one, Tuesday they all returned to Bullish.

Did you lose some long positions during …


Will SMH’s Sickness Sink The Market?

Geoff Bysshe | June 27, 2017

Today’s commentary is by Geoff Bysshe, President, MarketGauge.com

We may be about to find out just how sick this market is.

When a member of a family catches a nasty cold it’s never fun. If the family is healthy then …


Brazil Croons "The Girl From Ipanema"

Mish Schneider | June 26, 2017

Over the weekend, I picked a song for our crooning golden bull to sing- Johnny Mathis’ “Chances Are.”

As we continue to see the market wear a silly grin and come close to the highs yet fail to pierce them, …


Your Chances Are, Your Chances Are, Awfully Good

Mish Schneider | June 24, 2017

Last week, the market traded like a golden bull that crooned to keep his head above the fire.

The S&P 500 began the week strong.

The rest of the week, SPY never achieved taking out the highs.

Rather, it sold …


A Market Without a Catalyst on the Other Side of New Highs

Mish Schneider | June 22, 2017

A Steinway without a pianist on the other side of the window.

A Market without a catalyst on the other side of new highs.

Both images leave us longing for the window to open, a pianist to play, and for …


A Market That Gives a Little Less Than It Promised.

Mish Schneider | June 21, 2017

There’s style and design and then there’s short-term versus long-term vision.

The 1950 Studebaker Champion Starlight Coupe exemplified that dilemma.

This Studebaker looked comparatively futuristic at the time. A car long on style and design, the company itself became short-sighted.…


Is the Market a False Hologram We’re Trained to See?

Mish Schneider | June 20, 2017

There’s the market and then there’s a hologram of the market.

A hologram is a 2-dimensional image that contains all the 3-dimensional information of an object.

When viewing a hologram, you can tilt the image and see the orientation of …


The Market Tugs on the Reluctant Investors’ Ear

Mish Schneider | June 19, 2017

Let’s pretend that the black and gray dog (Havanese) represents relunctant investors. That makes the Aussie puppy the market.

He nudges the Havanese to keep buying the market.

After all, the Dow made a new all-time high and the Russell …


Market Walks Complacently by a Torn Down Barbed Wire Fence

Mish Schneider | June 18, 2017

When hiking and you come across torn down barbed wire fence, you might ask yourself:

  • Who tore the fence down?
  • Shall I put a warning sign near the barbed wire to warn others of possible danger?
  • Should I take a