Today was a good example of the physics principle, “an object in motion, stays in motion…”
The markets follow this concept in many ways – momentum, trend lines, moving averages, phases, etc.
Today 13 out of the 14 sectors tracked …
Tomorrow the Fed will release the minutes from the May 2-3rd FOMC meeting, and while the minutes aren’t expected to have any shocking content…
The market is set up in such a way that it could easily be spooked.
Today …
The market got off to a bullish start to the week today, but if you recall, last Monday was bullish too.
As I noted in last Monday’s commentary, bullish action in the first day of the week is a hard …
On Wednesday the stock market handed most traders and investors a lemon in the form of a news event that caused a big drop.
Lesson #1 from market catalysts that you can’t control, is to focus on what you can …
Anyone curious about what caused the 370-point drop this week can look no further than the chart above. We are not surprised. Over the past several months the discord in the Economic Modern Family that started as minor bickering has …
If you recall, stocks kicked off the week in bullish mood right from the opening bell, and I concluded that day’s commentary with the note that Mondays in a bull market tend to have a bullish bias, but that says …
Today’s edition Mish’s Daily is in the form of the video. As you’ll learn in the video this is due to a technical glitch, but as it turns out...
A video was a much better way than text for me …
Stocks kicked off the week in bullish mood right from the opening bell.
It wasn’t a strong trend day, but for the SPY and QQQ it was a new closing high and a close near the high of the day. …
At the end of the week, the market proved two things.
First, very few people are at the mall.
In the bottom left of the photo, in what almost seems like an afterthought, stands a deserted J.C. Penney. That stock …
What’s a carnival without a Funhouse?
After all, interacting in a space with obstacles, surprises and challenges can amuse and/or scare visitors.
In a Funhouse, trick mirrors, shifting floors, rotating barrel slides and unexpected clowns are also meant to bewilder …
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