Risk On, Risk Off, or Risk Who Knows?

Mish Schneider | May 1, 2024

Now that the FOMC is behind us,

And the result was exactly what we expected-stay the course,

And most sectors of the market found the obvious as a relief,

And the metals rallied, right after I wrote that they would …


When Silver Looks Bad, It’s Been a Sign of a Bottom

Mish Schneider | April 30, 2024

Not much has changed in the world of inflation predictions.

The dollar is rangebound.

The yields have topped out.

The FED has stagflationary issues to contend with.

Raw material supplies are low.

Geopolitics remain an issue.

Employment costs are rising.…


Can Semiconductors Pull Off Another Sustained Rally?

Mish Schneider | April 28, 2024

With all the news flying around, we have found incredible confidence in our trading strategies by following the technical picture.

This is the fourth week I have covered Economic Economic Modern Family as my weekend update.

And the Family has …


Why Follow Junk Bonds?

Mish Schneider | April 24, 2024

Bonds issued by companies with a credit rating of BB or lower by S&P or Fitch, or Ba or lower by Moody's, are considered junk bonds.

Junk bonds, or high-yield bonds because the interest payments are higher than for the …


Quick Look at the Economic Modern Family

Mish Schneider | April 23, 2024

While I am extremely focused on commodities as outlined in Monday’s Daily, my viewpoint for most equities remains cautious to neutral.

What might turn us to be more bullish?

I love these weekly charts.

Let’s analyze.

Going from the top …


New Opportunities are Emerging in Commodities

Mish Schneider | April 22, 2024

In our research as we start a new week, there is a good chance that:

  • Wheat futures have bottomed.
  • Natural gas futures bottomed.
  • Sugar futures bottomed.
  • And while gold and silver futures are correcting, we are still bullish in the …


    Caution, Yet Market Rotates from Growth to Value

    Mish Schneider | April 21, 2024

    For consistency’s sake, this is the 3rd weekend in a row I am showing you the weekly charts of the Economic Economic Modern Family.

    3 weeks ago, it was our very own Granny Retail XRT that gave us the head’s …


    Swiss Franc-Remembering that Dream!

    Mish Schneider | April 17, 2024

    On March 26th I wrote a Daily called: Last Night I Had a Crazy Dream-Swiss Franc

    When I awoke and looked at the charts, I noticed in the futures market is that CHFUSD (Swiss Franc to the US Dollar) has …


    Powell and the Great Indecision

    Mish Schneider | April 16, 2024

    In today’s presser with Powell basically said what he typically says:

    Higher for longer but maybe not as risks remain to economy while inflation is too sticky.

    Here are some of our thoughts on the overall macro and technical picture.…


    Geopolitics, Inflation and High Rates Too Much for Us

    Mish Schneider | April 15, 2024

    My thought on the Retail ETF XRT as we ended last week-

    “For Granny Retail XRT we first want to see her hold the 200-WMA at around 71.00. But until she makes her way back over 74.50 area, we are …