Written by Mish and Forrest
Those of you who are new to the Daily, you probably noticed the references to the Economic Modern Family.
Mish developed one index and five sectors as the nucleus of the Family to help you …
Written by Mish and Forrest
Today Bitcoin (BTC) passed it’s record high as certain members of the Economic Moderns Family digest their recent gains.
Cryptocurrency as an alternative currency has pushed for widespread acceptance since the launch of the first …
Written by Mish and Forrest
As we head into the Thanksgiving holiday here in the U.S., we cannot help but think how grateful we are in the midst of so much stress.
For starters, we are grateful to you-our folks …
Written by Mish and Forrest
Since the pandemic, the market has risen on stimulus.
Then the market bulls turned to vaccine news and hopes for a quick and effective release.
Most recently, the market has a new guardian-a transition team …
Written by By Mish and Forrest
The Purchasing Managers Index (PMI) release came out today giving insight into the economy's health as the market ramps up with increased consumer sales and all time highs for hiring.
Additionally the Economic Modern …
Written by Mish and Forrest
Monday we talked about positive vaccine news from Pfizer (PFE) and Moderna (MRNA) holding up the market.
Friday proved the market was able to hold up through the week.
Yet Friday, many articles surfaced about …
Written by Forrest and Mish
Today Goldman Sachs announced that commodities were poised for a bull market.
We have taken advantage of that bull market for quite some time now.
We’ve seen nice moves from hard to soft commodities, which …
Written by Mish and Forrest
The S&P 500 (SPY), Nasdaq 100 (QQQ), and Dow Jones (DIA) all closed under their recent highs, while Grandad Russell 2000 (IWM) was able to close over 178.10 making new all time highs.
It’s no …
Written by Mish and Forrest
The Modern Family shows confidence as more positive vaccine news came out Monday.
This time the positive news came from Moderna (MRNA).
Hence after last Monday’s Pfizer (PFE) announcement, the market thrives on hope rather …
Amid the news and initial this past Monday's selloff, we still need to take into account the week of the election range or the range two weeks ago.
Created from Monday, Nov 2nd to Friday Nov 6th, the high and …