WOOD-One of the Best Lead Indicators

Mish Schneider | June 10, 2020

Gold shot up, Bonds TLTs rallied, oil flew, and the economic Modern Family showed its reliability once again.

After the FOMC and the super dovish minutes were released,

here is the skinny of the FOMC major points:

Unlimited stimulus, rates …


How Prodigal is our Prodigal Son Regional Banks?

Mish Schneider | June 8, 2020

Are you wondering how bonds, gold, volatility, the S&P 500 and NASDAQ can all run up on the same day?

Plus, Beyond Meat, Amazon, Cannabis, Tesla and Oil and Gas Exploration partied like they boarded SPACEX!

Well, think of it …


What Does a Market Topping Pattern Look Like?

Mish Schneider | June 7, 2020

I love this photo.

If you see it right side up, it looks like a piece of deadwood coming out of the tree trunk.

Upside down, it looks like the head of a bird.

Ok, maybe a somewhat prehistoric bird, …


Volatility Index-Did it Bottom?

Mish Schneider | June 4, 2020

My last blog we looked at the volatility index.

Ahead of a weekend where more protests both peaceful and violent can happen, VIX could help us see how much fear might come back into the market.

Another potential fear factor …


2 Blogs, 2 Reasons For Caution = Volatility Index!

Mish Schneider | June 3, 2020

If you did not get a chance to read my blog on the 1960’s from June 2nd, please consider doing so.

Just when the market is hitting euphoric conditions, any expansion of the protests, the violence or in the number …


Are the Puppets or the Puppeteers Pulling the Market’s Strings?

Mish Schneider | June 2, 2020

Civil unrest is not impacting the market right now, as much as one might think it should.

Someone said today that the market has no conscience.

Yet, the market is behavioral.

Currently, the market sees the riots as a one-off …


The Economic Modern Family-Time to Prune in June?

Mish Schneider | June 1, 2020

Now that “sell in May” did not work out so good for the bears, what will June hold for both the bulls and the bears?

Since the price lows that were established in late March, it’s been easy pickings for …


A Different Market Pattern

Mish Schneider | May 31, 2020

Pre pandemic, once the Trump administration took office, we saw a new pattern emerge.

Before the world went on lock down, the market moved up and down (with some autonomously strong exceptions in tech), based on headlines from the President …


Lots of Instruments Launched and Almost Launched Today

Mish Schneider | May 27, 2020

By the time you read this, NASA will have canceled its scheduled launch to send the first humans in space in nearly a decade.

Regardless, SpaceX’s Crew Dragon Capsule with Bob Benhken and Doug Hurley (astronauts) aboard, represents a great …


Oil and Gas

Mish Schneider | May 26, 2020

I knew that this picture would become one for the history textbooks!

A while back we pondered whether the worst of the oil market debacle was over.

Currently, that depends on a lot of “ifs”.

If OPEC adheres to its …