Written by Mish and Forrest
Yesterday we looked at the Economic Modern Family as either hiding or holding their ground.
Today's price action shows that at least for now we are holding, as Russell 2000 IWM, Transportation IYT, Regional banks …
Written by Mish and Forrest
In Santa Fe New Mexico we have a fair amount of prairie dogs, which are a type of ground squirrel.
They build large underground networks of tunnels with multiple holes to the surface allowing them …
Written by Mish and Forrest
Today the market gapped up as news of Pfizer’s Covid vaccine being 90% effective was released.
Last week we talked about the Economic Modern Family's uncertainty over the election and potential gridlock over a republican …
Written By Mish
The Economic Modern Family holds onto uncertainty of the election and potential gridlock if Biden is elected and the senate majority stays republican.
As such, certain sectors of the modern family did very well, while others not …
Written By Mish and Forrest
Media companies stand to gain a large amount of income from this election as both candidates have spent over $90 Million in ads and that is just on Facebook alone.
Since 2018, Facebook has brought …
Every four years a simple time frame defined by the date of the presidential election creates an Election Range in most markets, ETFs, sectors and individual stocks.
This Election Range defines inflection points that enable you to anticipate when the …
Written by Mish and Forrest
A day before the election carries a lot of emotion and confusion for investors.
You can see this in the market movement today, as the major indices did not align before the day’s close.
The …
Written By Mish and Forrest
There are multiple reasons we could face a very tough holiday season.
A second surge in Covid could tighten restrictions on brick and mortar businesses.
Delayed financial aid can cause more business shutdowns as many …
Written By Mish and Forrest
Tuesday, we talked about an inside day pattern building consolidation for the next move.
That pattern did not disappoint.
QQQ, and IWM gapped lower closing in an unconfirmed caution phase, while the SPY and DIA …
Written By Mish and Forrest
Today the market was indecisive.
The four major indices closed with an inside day pattern.
An inside day is a two day price pattern where the high and low from the second day doesn’t extend …