Is the Transportation Sector Starting to Lead?

Mish Schneider | April 17, 2023

Over the weekend we covered the weekly charts of the Economic Modern Family.

Given that yields begin this week higher.

Given that earnings season kicks into gear with banks, the weakest sector so far, surviving.

Given that the seasonality of …


The Economic Modern Family & the MOST IMPORTANT Data Ever

Mish Schneider | April 16, 2023

Admittedly, numbers are sexy.

Think about how much focus all the economic stats that came out this past week got on all media.

Each one was the defining one for the markets and economy according to the talking heads.

CPI …


Video: Oil, Chips and 4 Indices

Mish Schneider | April 13, 2023

For today, please enjoy a video taking you through the ever important energy and chips sectors along with the 23-month moving averages in the 4 Indices.

Thursday-the Dow (DIA) peeks through it

 



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For more detailed trading information …


Bullish Compression in Consumer Staples

Mish Schneider | April 12, 2023

The Complete Trader, which we have featured in previous Daily’s is one of my favorite go-to’s for trading ideas.

The columns help determine the trade setup. For example, an "Inside Day" that is also in a bullish stock phase.

And …


Junk Bonds: Best Equity Predictor

Mish Schneider | April 11, 2023

Junk bonds are high-risk, high-yield bonds issued by companies with lower credit ratings.

These bonds are also known as speculative-grade bonds or high-yield bonds because they offer a higher rate of return than investment-grade bonds but come with a higher …


Drought in Key Regions for Major U.S. Crops

Mish Schneider | April 10, 2023

The chart shows how many days since any significant rain in the major crop growing regions in the U.S.

Initial yield estimates for this year’s US winter wheat crop have been hammered by persistent drought.

12 Southwest Kansas counties dominate …


The Stock Market is Like Picasso’s Cubist Period

Mish Schneider | April 9, 2023

 

Picasso is known as the father of cubist painting. He and others used geometric shapes and patterns to represent a specific form.

Cubism, in Picasso’s mind, was created to emphasize the different ways of seeing the world around us.…


Bonds, Euro-Dollar, Metals, Oil and A Pick

Mish Schneider | April 5, 2023

In the last few Daily blogs, we have covered a lot!

From the silver to gold ratio, to long bonds to the Euro versus the dollar.

And that’s not all!

We have looked at the 23-month moving average and how …


When Uncle Utilities (XLU) Shows Up Drunk

Mish Schneider | April 4, 2023

Gosh, it’s been a minute since we have looked at Utilities.

With rising interest rates, in March 2023, utlities fell near the October 2022 lows.

Currently, XLU is changing phases from Bearish to Recuperation.

In my book, Plant Your Money …


The 4 Indices - More to Prove 2nd Quarter

Mish Schneider | April 3, 2023

 

Since the first quarter ended with very few instruments above the 23-month, we thought we would start the 2nd quarter bu examing where the 4 indices are.

Over the weekend, the Market Outlook reminded us that “we would likely …