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 Economic …
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 Economic 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 …
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 …
Written by Mish and Forrest
Yesterday we looked at the Economic 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 …
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 Economic Modern Family's uncertainty over the election and potential gridlock over a …
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