A Tale of Two Runaway Gaps

Mish Schneider | July 26, 2016

It was the best runaway gap, it was the worst runaway gap. Ok, maybe a literary stretch, I nonetheless want to highlight the difference between a runaway gap (also known as a measuring gap) with follow through versus one without.…


How Will the Market's Garden Grow?

Mish Schneider | July 25, 2016

2 years ago, rabbits ate every single one of my tomatoes before they could ripen. Last year I lost all my tomatoes to a beetle infestation. This year, my vegetable garden thrives. The cherry tomatoes have already yielded many succulent …


Central Banks: Defenders of the Market

Mish Schneider | July 23, 2016

On June 13, 2016 I wrote a piece on the Rallysaurus. The main point, “The Rallysaurus slowed down markedly at the beginning of 2016. Nevertheless, with many but certainly not all continuing to enjoy top of the food chain status, …


Neck Strain in the Dow

Mish Schneider | July 21, 2016

Open to many interpretations, this photo raises questions. The man holding the boy doesn’t look comfortable. The boy the man is holding balances an ominous message.

I chose this photo to illustrate the portentous message our Economic Modern Family has …


Big Pharma's Full Buck Moon

Mish Schneider | July 20, 2016

The type of full moon that occurred last night, July 19th is commonly known as the Full Buck Moon. It symbolizes the time of the year when a male deer or buck, starts to grow new antlers.

The Economic Modern …


Time Versus Price Market Corrections

Mish Schneider | July 19, 2016

Photo by JR Lancaster

These petroglyphs date back around 1500 years ago. However, they could just as easily have been drawn 150,000 years ago as drawn today. Why?

With hunters in pursuit, the herd mentality has both the antelope and …


The Russell 2000-Old Faithful Geyser or Old Geezer?

Mish Schneider | July 18, 2016

Typically situated near volcanic areas, geysers are fragile phenomena. When active, they can intensely spray hot water and steam. However, if conditions change, they can just as easily go dormant.

The S&P 500 and the Dow have already made new …


The Way of an Eagle: 6 Key Trading Lessons

Mish Schneider | July 17, 2016

While vacationing in Alaska, I pointed my camera up at this eagle in awe of how majestically it sat high on his perch, perfectly balanced.

As we ended last week, it is with the same awe I watched the S&P …


The S&P 500's Journey to Enlightenment

Mish Schneider | July 14, 2016

In past years I focused a lot on the comparisons between the market and the astrological symbols of the Chinese New Year. 2014 was the Horse, a year that saw gallops and bucks. 2015 was the Sheep, a year that …


Past and Future Between a Rock and a Hard Place

Mish Schneider | July 13, 2016

In the world of trading the island top pattern is as rare a site as is the multi-million year old Taughenbaugh mesa.

A classic example of mountain-top erosion, it was with the same eye we looked at the possible exhaustion …