Written by Mish and Forrest
The GameStop (GME) saga continues as a Reddit page known as Wall Street Bets and its members of small-time traders have pushed GME through another round of all time highs.
Their influence and constant stream …
Written by Mish and Forrest
Short squeezes and high-risk trades have been all the rage in the media with stocks like Game Stop (GME) and Bed Bath & Beyond (BBBY) flying up to unthinkable daily prices.
But how can you …
Written by Mish and Forrest
Monday was a roller coaster ride for traders with a steep late morning selloff, followed by a steady wave of buying until the closing bell.
Highly volatile days can be great for making quick trades …
Written by Mish and Forrest
Recently our proprietary momentum indicator (RealMotion) seen in the chart above, shows a divergence in momentum and price for the transportation sector (IYT).
While the price of IYT currently sits above the 50-day moving average, …
Written by Mish and Forrest
Wednesday’s inauguration marks an interesting time for the economy.
The new administration has shown that clean energy tech is on the table as a way to push for new jobs in the industry along with …
Written by Mish and Forrest
The transportation sector (IYT) closed .36% lower Tuesday. It was the only member of the Economic Modern Family to end the day red.
On the other hand, the retail sector (XRT) ended almost a half …
Written by Mish and Forrest
Friday, three of the major indices gapped lower ultimately closing negative for the week. The Russell 2000, although down on Friday, closed up on the week.
With the media pointing to a slew of reasons …
Written by Mish and Forrest
The market digests its recent highs amidst a rush of politically charged news as more riots and a second impeachment dominate headlines.
We believe the market is more focused on the economic plans of the …
Written by Mish and Forrest
Grandad Russell 2000 (IWM) and Granny Retail (XRT) Make the Perfect Power Couple.
The Russell 2000 (IWM) followed his wife (XRT) Retail, to new highs today while major indices sit under their recent highs.
Granny’s …
Written by Mish and Forrest
A week or so ago, silver was all the rage.
The talk ranged from an inflation indicator, to the industrial usage to the outperformance to gold as key.
Then, last Friday, silver (and gold) tanked.…