Pull into Pinos Altos, NM and get a sense of the old Wild West.
Trade the current market and also get a sense of the old Wild West.
Both the market and the Wild West are fraught with myths and …
On April 4th I asked, “Is Wall Street the New Sesame Street?”
At the time, we surmised that Elmo is a worried NASDAQ and Abby with the lower position on the seesaw, is a cautious Economic Modern Family.
With Earnings …
Sometimes, you head out on a trail with a specific route mapped out.
Other times, you head out and see an unexpected trail to follow.
Last weekend, we started out hiking a well traversed trail. Suddenly, an arrow pointing to …
We checked into a Route 66 hotel. Where art once hung, (reluctant to think an original painting), was now a pronouncement of theft.
Where investors once hung confidence, is now a pronouncement of robbery.
What has been stolen? The Bullish …
Let’s not forget that we are not even halfway through the Chinese Year of the Fire Rooster.
To refresh our memories, “Regarding the economy, the fire element is often the driving force behind the stock market. As such, fire years …
Crevice spiny lizards are typically shy and nervous. If approached, they will scuttle up rock faces or into crevices so that predators cannot reach them.
They prefer semi-arid habitats where there are numerous holes and easily accessible cracks.
Their climbing …
For today’s Mish’s daily I’ve provided you with something different. I have a video for you that provides detailed analysis on the Economic Modern Family, SPY and QQQ with the assist of our Real Motion indicators.
The Real Motion Indicators …
Tomorrow the market will get what it was waiting for all day today – the monthly employment report.
Guessing the direction of the market’s reaction is particularly difficult right now because the markets have basically gone sideways for the last …
On Monday I wrote about the one thing pattern that all the Economic Modern Family members seemed to agree on was they were following Granddad’s (IWM) lead.
Unfortunately for the bulls, IWM is not feeling very bullish. In fact, the …
Ironically, our 2-year old’s Sesame Street birthday cake decoration perfectly illustrates the current market condition.
Elmo is NASDAQ. He has the higher position on the seesaw. Yet look at his face. He’s worried.
Abby with the lower position on the …