Written by Forrest Crist-Ruiz
Earlier this week, Mish released her annual report for the year ahead "2022 Trends, Themes, and Trades to Watch", and today the market showed why she has inflation as one of her 8 important themes.
On …
Written by Forrest Crist-Ruiz
Monday, we talked about the potential for the market to get stuck in rangebound trading if pivotal price levels were not cleared in the major indices.
That uncertainty carries into Tuesday as the major indexes besides …
Written by Forrest Crist-Ruiz
After a roller coaster start to a new year with major indices having a choppy Monday morning, each has closed positive showing traders optimism for the beginning of 2022.
However, the major indices including the S&P …
Written by Forrest Crist-Ruiz
With the Holiday weekend upon us let’s take a quick review of Mish’s Economic Economic Modern Family for new trends and ideas as we head into the new year.
The Family consists of 7 symbols that …
Written by Forrest Crist-Ruiz
High yield corporate bonds ETF (JNK) clears its 50-Day moving average at $108.24, but sits in a pivotal resistance zone.
Along with JNK the major indices are sitting near overhead resistance from recent highs or in …
Written by Forrest Crist-Ruiz
As the year nears its end, we have a lot of ideas to keep watch of.
Tuesday’s price action could be the late Santa rally people were hoping for.
Though it's better late than never, we …
Written by Forrest Crist-Ruiz
Currently, the major indices are trading near the lows of December or in the case of IWM near the bottom of its trading range around $208.
With 2021 wrapping up, there is still a lot of …
Written by Forrest Crist-Ruiz
While the Nasdaq 100 (QQQ) is down 0.3% on Friday's close, Cathy Woods Ark Innovation ETF (ARKK) closed over 6% on the day.
Additionally, ARKK made a strong close over yesterday high showing added strength when …
Written by Forrest Crist-Ruiz
Wednesday, investors waited for the FOMC minutes release at 2 PM EST to see whether the Fed would be hawkish or dovish in its response to the recent Producer Price Index report (PPI).
With the PPI …
Written by Forrest Crist-Ruiz
The Producer Price Index is accelerating at a quick pace with a 0.8% increase this November.
For the year, producer prices are up 9.6%.
As the media and market digest the increase in prices, the stagflation …