Archives: Mish's Daily

Are Gold And Silver Ready for A Momentum Breakout?

Mish Schneider | June 7, 2022

Written by Forrest Crist-Ruiz

Although we are watching for another step up in the major indices, we are also looking at safety plays in commodities.

Specifically looking at precious metals such as gold (GLD) and Silver (SLV) one thing stands …

3 Things Need to Align for The Next Big Market Move

Mish Schneider | June 6, 2022

Written by Forrest Crist-Ruiz

Currently, the small-cap index Russell 2000 (IWM) is leading in momentum compared to the S&P 500 (SPY) and the Nasdaq 100 (QQQ).

Looking at our Real Motion momentum (RM) indicator found in the above charts, we …

Why We are Focusing on Alternative Energy Symbols

Mish Schneider | June 5, 2022

Written by Forrest A Crist-Ruiz

It has been a tough year to pick winning stocks, and with more uncertainty ahead, now is not the time to be heavily invested in tech and big names that have broken down in price …

Is the Stock Market Looking for Temporary Relief?

Mish Schneider | June 2, 2022

Written By Forrest Crist-Ruiz

The Russell 2000 (IWM) closed over its previous 3 trading days, making a small breakout from a consolidation area that has also held over its 10-Day moving average at $181.38.

Additionally, many of Mish’s Economic Modern …

What Does a Trading Range Look Like?

Mish Schneider | June 1, 2022

Written by Mish

Buying ahead of taking out last week's high was premature.

Getting overly negative unless we fail last week’s low is equally premature.

I realize how sexy it is to be either very bullish or very bearish. And …

Can Big Tech Save the Day Again?

Mish Schneider | May 31, 2022

Written by Mish

Since 2010, QE saved the markets and the economy, which in turn led to big tech as the 10-year bull market savior.

The monthly chart of QQQs, which goes back from the dot com bubble, highlights the …

Keep Oil and Energy Companies on Your Watchlist

Mish Schneider | May 25, 2022

Written by Forrest Crist-Ruiz

Energy plays have some of the best chart setups right now from a momentum breakout standpoint.

A perfect example of this can be seen in the above chart of the United States Oil Fund (USO).

Currently, …

Has Stock Market Selling Become Exhausted?

Mish Schneider | May 24, 2022

Written by Forrest Crist-Ruiz

For the moment the downward trend stays intact as the market and media embrace more negative news.

News of a housing market top, increasing inflation, geopolitical stress, and more add a dampener to investor sentiment.

However, …

Is Oil Gearing Up for a Big Move?

Mish Schneider | May 23, 2022

Written by Forrest Crist-Ruiz

The country has been under pressure from rising gas prices for months.

Even before the Ukraine war, gas was steadily increasing.

While the U.S continues to look for solutions to manage prices from releasing oil reserves …

Watch the 200-Week Moving Average on These 3 Symbols

Mish Schneider | May 22, 2022

Written by Forrest Crist-Ruiz

The small cap-index Russell 2000 (IWM) is hanging onto support from the 200-Week moving average at $176.19.

Last week it dipped below the moving average with a low of $168.90.

With that said, it looks as …