Has Transportation (IYT) Confirmed A Warning Signal?

Mish Schneider | January 27, 2021

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 …


A Simple Trick for Buying Short Squeezes Like (BBBY) and (GME)

Mish Schneider | January 26, 2021

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 …


How to Time Your Market Entries and Avoid FOMO

Mish Schneider | January 25, 2021

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 …


Is the Negative Momentum Divergence in Transportation a Warning Sign?

Mish Schneider | January 24, 2021

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, …


The Next Mega-Trend and What to Watch for 2021

Mish Schneider | January 20, 2021

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 …


Momentum Divergences in Key Market Indicators

Mish Schneider | January 19, 2021

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 …


Looking Back While the Market Drives Forward

Mish Schneider | January 17, 2021

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 …


The Market and Media Paint 2 Different Pictures

Mish Schneider | January 13, 2021

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 …


The Market’s Power Couple

Mish Schneider | January 12, 2021

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 …


Where Have All the Silver Bulls Gone?

Mish Schneider | January 11, 2021

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.…