What Is a Triple Witching Day and Should You Worry About Them?

Mish Schneider | December 20, 2020

Written By Mish and Forrest

Friday was Triple witching day, meaning that stock options, stock index options, and stock futures contracts were all due to expire.

This happens four times a year and can lead to increased volume as money …


When NASDAQ Leads Bulls Worry

Mish Schneider | December 16, 2020

Written by Mish and Forrest

FOMC report came out today keeping rates unchanged as the Fed continues to buy into bonds thus, supporting the market going forward.

Both the S&P 500 (SPY) and the Nasdaq 100 (QQQ) closed green on …


The Market Can Remain Irrational Longer than You Can Remain Solvent

Mish Schneider | December 15, 2020

Written by Mish and Forrest

In the past month we have written about the Russell 2000 (IWM) Index leading the market higher.

Recently, IWM's stellar performance has revealed it as the new superhero of Mish’s Economic Economic Modern Family.

Today …


Transportation/Retail Sectors-Correcting, Exhausted, or Signaling Something Worse?

Mish Schneider | December 14, 2020

Written by Mish and Forrest

Monday the tech sector (SMH) and biotechnology sector (IBB) held as the other sectors of the Economic Economic Modern Family failed to hold their gaps.

Similarly to SMH, the only major index to close green …


The Rotation Continues

Keith Schneider | December 13, 2020

US Equity Markets digested recent gains with Grandpa Russell from The Economic Modern Family (IWM) bucking the recent correction in the NASDAQ 100 (QQQ) and the S&P 500 (SPY).

Leading FAANG+ stocks are losing momentum and ripe for more selling. …


The Agony and the Ecstacy of the Stock Market Outliers

Mish Schneider |

Written by Mish

This past week, we saw the market peak in some areas, while others look more like a healthy correction in the works.

The weakest area and one that we wrote about last Wednesday is the reversal top …


NASDAQ Dash’s for the Exit Door-And Without Serving Food!

Mish Schneider | December 9, 2020

There have been many stimulus bills that have been denied, pushed off and almost forgotten about since the initial March selloff.

This time was supposed to be different, since its key purpose was to be a condensed plan in order …


Water Futures on the Chicago Mercantile Exchange

Mish Schneider | December 8, 2020

Weekly chart PHO

Written by Mish and Forrest

California Water futures have been added to the list of tradable commodities.

Historically commodity futures contracts were first created as a way for farmers to hedge against fluctuating crop prices.

If someone …


Is Gold Signaling Inflation?

Mish Schneider | December 7, 2020

Written by Mish and Forrest

The current market situation shows a quick attempt to push a smaller stimulus bill by the end of December before eviction protection and unemployment benefits end.

If failed it could potentially leave as many as …


Is the Dollar Down for the Count?

Keith Schneider | December 6, 2020

The dollar is crumbling,
US Long Bonds are teetering,
inflation is bubbling, and
equities globally seem quite content, or for that matter, thrilled.

US stocks closed on all-time highs, and many foreign markets did even better this past week

Most …