Luckily, the Market is Tagged

Mish Schneider | December 29, 2016

Luckily, the Market is Tagged

For the first time, Diego perched himself on this chair by our trading screens. As today is the last Mish’s Daily for 2016, I wondered how Diego’s and the market’s action might be related.

The …


Market Bulls Carpeted Stampede

Mish Schneider | December 28, 2016

Bison in Formation on Carpet

Pasture bison are typically calm and easygoing animals. However, once confronted with ill-informed handlers they become "wild beasts." To prevent bison from stampeding, handlers must approach cautiously.

Bison prefer to stay within the herd. Once …


20,000 in the Dow: I Got a Peaceful, Creepy Feeling

Mish Schneider | December 27, 2016

While at a holiday party, I found this Effanbee doll circa 1920 in the hostess’ guest room.

Originated in 1912, the Effenbee dolls became well known as the first realistically proportioned child doll.

What struck me about this doll, is …


Happy Holidays from MMM Daily!

Mish Schneider | December 26, 2016

Here’s to you, my friends and devoted readers. Wishing you and yours all the joys and love of the holiday season.

Next Daily with commentary and ETF analysis will be published on the afternoon of December 27th…


Uncertainty is the New Sure Thing

Mish Schneider | December 22, 2016

Perhaps the Gremlin at 20,000 in the Dow resembles the first angel. (Please regard the comparison in the spirit it is meant.)

Not necessarily warnings of “hail and fire mixed with blood…hurled down to earth,” as prophesied in the Revelations. …


Elmo Wishes the Dow Trades 20,000 Every Day

Mish Schneider | December 21, 2016

In 1996, Elmo starred in a 60-minute television special called Elmo Saves Christmas. Known for his references to himself in the 3rd person, Elmo wants Christmas every day.

However, Elmo discovers that his wish for Christmas to happen every day …


Crept, the Operative Word, Towards Dow at 20,000

Mish Schneider |

Donning wreaths, tinsel, ornaments and lights, the Dow Jones Industrial Average crept towards 20,000.

Crept is the operative word. The DJIA made it to 19,987.63 without volatility and on half to three-quarters of the average daily volume.

With so much …


Crept, the Operative Word, Towards Dow at 20,000

Mish Schneider | December 20, 2016

Donning wreaths, tinsel, ornaments and lights, the Dow Jones Industrial Average crept towards 20,000.

Crept is the operative word. The DJIA made it to 19,987.63 without volatility and on half to three-quarters of the average daily volume.

With so much …


Four Corner View into the Market Mist

Mish Schneider | December 19, 2016

Fluorescent towers of light rise into the mist. Is the green tower taller or is that an illusion created by where I stood?

As the week before Christmas begins, so do the indices rise into the mist. The Dow gained …


Terror at 20k in the Dow Dresses to the Nines

Mish Schneider | December 18, 2016

Last week, the Dow Jones Industrial Average partied like its 19,999. (The Dow only made it to 19,966.43.)

Meanwhile, the descent from even 19,966 could mean that a gremlin appeared on the wing of the Dow plane as it neared …