When the Market Gives You Bear Fangs, Make Crystal Pendants

Mish Schneider | March 6, 2017

Lots of folks got bit by a bear fang on Sunday.

With good reasons.

The Fed has yet to confirm or deny an interest rate rise. Unsettling White House tweet storms dominated the news. Rising geopolitical tensions in East Asia …


Market Feeds Traders Their Just Dessert

Mish Schneider | March 5, 2017

A favorite anadrome: Stressed Spelled Backwards is Desserts.

Last week ended with the market giving stressed out traders their just desserts.

Stressed out traders makes justifiable sense. After all, like the photo above, the banana split looks tempting and delicious. …


A Market That Thinks Therefore It Is

Mish Schneider | March 2, 2017

I saw this while touring Meow Wolf, an art installation in Santa Fe, NM. When I snapped the picture, I knew I would use this slogan for a Daily, but had no idea how, when or why.

After the blast …


Market Rallies on Everything But the Kitchen Sink

Mish Schneider | March 1, 2017

Last week the market baked a magic 3-layer cake. That’s when from a very thin batter, 3 layers of fudge, custard and sponge cake magically appear.

We saw the Russell 2000 test the custard layer a few times. Today, from …


Should Investors Stick Their Necks Out?

Mish Schneider | February 28, 2017

Salvador Dali, the surrealistic painter, described the Giraffe as a “masculine cosmic apocalyptic monster.” He believed it to be a premonition of war.

In his 1937 painting, “The Burning Giraffe,” Dali said it is “a kind of allegory which serves …


The Market in the Tutti-Frutti Hat

Mish Schneider | February 27, 2017

Carmen Miranda became trapped as the image of a fruit dancer. Even her attempt at a break-out role failed to change movie producer’s minds. Carmen was pegged as the “Brazilian Bombshell” in the Tutti-Frutti hat.

Can the same be true …


It’s Only A Manufactured Bear

Mish Schneider | February 25, 2017

Last week, so many aspects of the market appeared manufactured.

The comments by the Federal Reserve when they used the term “maybe.” The idea that although like tigers, solitary by nature, the Fed was squeezed into a “streak” or a …


A 3-Layer Magic Market Cake

Mish Schneider | February 23, 2017

In a magic cake, the top layer is a sponge cake. The middle layer is custard and the bottom layer is fudge-like.

In the market and the rally since the November election, the top layer is spongy. Particularly referring to …


The FOMC Forced Streak

Mish Schneider | February 22, 2017

In the wild, tigers do not generally stay in groups. Yet, because of man, tigers are sometimes forced into unnatural social groups. These groups are called “streaks.”

Tigers are not necessarily aggressive to one another. In the wild when two …


The Market Rallies “Furthur”

Mish Schneider | February 21, 2017

In 1964, Ken Kesey dubbed a bus “Furthur.” “You’re either on the bus or you’re off the bus,” became the metaphor the then Merry Pranksters used during their cross-country tour.

In what some might dub as the psychedelic cross-country market …