What Do The Technicals Show Us

Mish Schneider | October 6, 2020

Co-Written by Mish and Forrest

These past weeks we’ve talked about the market's hopes of a quick stimulus package.

Today showed how easily the market can flip when stimulus hope fades. It also shows that the market can trade higher …


Biggest Movers in the Modern Family

Mish Schneider | October 5, 2020

Co-Written by Mish and Forrest

If the market could talk, it might say that the Economic Modern Family is happy.

Perhaps happier than they have been in a long time.

Starting Friday, Forrest and I pointed out that the Russell …


Making Better Trades With Market Timing

Mish Schneider | October 4, 2020

Written by Forrest Crist-Ruiz

Our president and first lady contracted covid.  That yielded a morning gap down, followed by a rally. That rally was partially based on hope for the stimulus.

These are some of the biggest thoughts on traders …


How to React to a Choppy Market

Mish Schneider | October 1, 2020

Co-Written by Mish and Forrest

We’ve recently talked about higher volatility in the market with the election date closing in.

In these past couple of weeks, we’ve seen the market jump around quite a bit.

We’re in a choppy market …


Time to Keep an Eye on Homebuilders

Mish Schneider | September 30, 2020

Co-Written by Mish and Forrest

It’s time to start watching the homebuilding sector. We can look at this using the symbol XHB, which is an ETF based off the SPY.

The reason that homebuilders are interesting right now, is because …


Risk vs Reward and The Never-Ending Battle

Mish Schneider | September 28, 2020

Written by Forrest Crist-Ruiz

Today’s large gap up in the indices can pose some great morning questions. The biggest one being should I buy the gap, or should I wait to see where things go?

You don’t want to chase …


Market Indices Phased And Confused

Mish Schneider | September 27, 2020

Co-Written by Mish and Forrest

Coming into the weekend we have more time to look over our charts, gather our thoughts and take a step back to grasp the larger picture.

So, let’s get right to it!

From bullish to …


Navigating Through the Markets Choppy Waters

Mish Schneider | September 24, 2020

Co-Written by Mish and Forrest

Today the QQQs, SPY, and DIA, closed near the September 21st lows which we noted as possible support.

While we rallied intraday, we also sold off, giving back most of the days upward progress.

The …


Junk Bonds Looking More Like Junk

Mish Schneider | September 23, 2020

Co-Written by Mish and Forrest

Let’s start with the 4 major indices, the SPY, QQQ, DIA, and IWM.

They all sold off today breaking yesterday’s lows. Besides IWM, they are still not below their recent low from September 21st.

If …


How Long Will the Market Hold Its Breadth For?

Mish Schneider | September 22, 2020

Co-Written by Mish and Forrest Crist-Ruiz

Yesterday Mish talked about watching junk bonds (JNK) to see if the Fed would continue supporting high risk companies.

Today JNK had an inside day. This comes after a large red day where JNK …