By Michele ‘Mish’ Schneider
Stuck is a word we have used a lot lately.
Some common synonyms for stuck are jammed, trapped, put, pushed, and caught.
Nasdaq is stuck, jammed, or whichever word one wishes to use.
And that’s price.…
By Michele ‘Mish’ Schneider
The week starts out exactly how we expect.
The SPY and indices stuck in the trading range within a trading range.
The latest economic data weak, hence causing buyers to return to the market figuring bad …
By Michele ‘Mish’ Schneider
After the CORE PCE numbers came out on Friday, the market had the expected reaction of selling off in anticipation of a more aggressive Fed.
To us, we find the reaction less than surprising.
What we …
By Michele ‘Mish’ Schneider
What if sugar futures are really onto something?
What if they are relaying food shortages?
More social disruption?
The Start of Russian hoarding?
Which leads to Geopolitical hell?
And all the inflation theories that could still …
Written by Michele Schneider
This chart is from our product called Big View.
Coming into the FOMC, the sentiment for risk is neutral. A week ago sentiment was 100% bullish. A month ago, it was neutral leaning towards bearish.
Amazingly, …
Written by Michele Schneider
Akami is a cloud computing company in the tech sector that deals with online security. Up until mid-2022, the trend was up.
Then, with the hawkish FED, the trend changed, with AKAM eventually breaking the 23-month …
Written by Michele Schneider
This coming week is a big one.
We have FOMC on tap with some Fed members calling for .50 bps rate hike on the heels of the hot Producer Price Index and inflation.
We have Gross …
Written by Michele Schneider
Wednesday morning brought some love to the US economy.
The January retail sales, rose 3% month/month vs. +2% estimated.
The breakdown fascinates.
With food inflation where it is, and egg prices the big headline, the leader …
Written by Michele Schneider
Maybe it’s just Valentine’s Day so the food and commodities market sees a push to chocolates, flowers, and fine dining.
And maybe not.
The CPI came out with an unexpected rise…but goods remained softer. Services on …
Written by Michele Schneider
All in all, the key sectors (retail, transportation) have more to prove especially by clearing the 23 month moving average or 2 year business cycle.
This is a significant level as these sectors proved recession was …
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