Fed Flip Flop Leads To A Market Reversal or Correction?

Geoff Bysshe | December 22, 2024

From everyone at MarketGauge, we wish you and your family the happiest and healthiest holiday season. We appreciate the time and attention you spend with us and hope we can help you reach your goals in 2025 and beyond.

Speak …


Turnaround Tuesday: Will the Fed be Naughty or Nice?

Mish Schneider | December 17, 2024

While NASDAQ 100 and many of the Mag 7 went on to make new highs, RSP the S&P 500 Equal Weight ETF shows a different picture. 

The Daily chart of QQQs does not exactly suggest a turnaround Tuesday after making …


Technical Monday: Why Watch AbbVie Inc

Mish Schneider | December 16, 2024

AbbVie Inc is a global biopharmaceutical company that specializes in the discovery, development, manufacturing, and marketing of advanced medicines. 

AbbVie focuses primarily on immunology, oncology, neuroscience, and virology treatments, and it has a broad portfolio of prescription drugs aimed at …


The Santa Claus Rally Under Attack

Geoff Bysshe | December 15, 2024

Last week the stock market’s annual Santa Claus Rally came under attack by the bond bears. The powers that be behind the stock market are fighting back, but this situation looks tenuous. Keith covers many of the technical details in …


Economic Modern Family-Buy This Dip?

Mish Schneider |

From my last Daily: 

“But, unless the market continues to broaden, we can almost take the Mag 7 stocks outperforming as a lack of confidence…Unless small caps can deliver.” 

As we ended this week, clearly NASDAQ held up better than …


NASDAQ Rallies-But What About Market Broadening?

Mish Schneider | December 11, 2024

While the NASDAQ 100 made new all-time highs today climbing over 20,000, all the Mag 7 talking heads cheered! 

And as they should. After all, it’s been all about growth stocks for years and every dip has been a buy. …


Turnaround Tuesday: 3-D Printing, Finally

Mish Schneider | December 10, 2024

An Israeli company, Stratasys Ltd., saw shares climb after the company raised its earnings outlook for the year and unexpectedly turned an adjusted profit in the third quarter. 

I have waited for a very long time for companies who pioneer …


Technical Monday: Big Brother Biotechnology

Mish Schneider | December 9, 2024

One of the big themes we see emerging into 2025 is an expansion in Biotechnology. 

XBI is certainly a good ETF to look at. 

However, we have used the ETF IBB, our Big Brother in the Economic Economic Modern Family, …


Did We Learn Anything From The Sock Puppet In 2000?

Geoff Bysshe | December 8, 2024

Last week, in an AI-enabled event, the Sock Puppet emerged from retirement and sat on a panel of market prognosticators with Micro Strategy’s chairman, Michael Saylor.

The Sock Puppet said to Mr. Saylor…

I’ve seen this movie before. I raised …


Long Bonds TLT: Agony and Ecstasy

Mish Schneider | December 4, 2024

Today, the Chairman of the Federal Reserve, Jerome Powell spoke.

Some highlights

  • U.S. BUDGET IS ON AN UNSUSTAINABLE PATH; REVENUE AND SPENDING NEED TO BE BETTER ALIGNED
  • CENTRAL BANK CANNOT TAKE DEBT AND DEFICITS INTO ACCOUNT IN SETTING RATES; NEEDS