Fed Rhetoric Spooks The Markets,
Yet Technology Stocks Move Higher

Keith Schneider | May 26, 2024

Welcome back readers. Hope you were able to take advantage of some of the stock market’s tech stock strength this past week.

We want to extend our sincere wishes for an enjoyable Memorial Day holiday. Personally, through the years I …


Pay No Attention to That Tran Behind the Curtain?

Mish Schneider |

For the sake of redundancy and in case you are living under a rock and just came out to read my Daily, Nvidia (NVDA) and its ginormous beat on revenues, gave the market new life.

Happily, our very own Sister …


A Digital Economy-Blockchain and Investing

Mish Schneider | May 22, 2024

Following up with the more fun notion of dogecoin as written about yesterday, today we look at blockchain.

If you’re like me, you need to increase your understanding of why blockchain technology is a game changer in our evolving digital …


DOGECOIN-Surely, You Must Be Joking?

Mish Schneider | May 21, 2024

On the heels of Meme Stocks Mania that literally lasted less than a week, and with so much in the news this week, I figured it was time to revisit this meme coin.

Dogecoin was launched on December 6, 2013, …


From Caution To Breakout!
Metals Mania Continues!

Keith Schneider | May 19, 2024

Welcome back readers.

Just a few weeks ago we were writing (and showing) potential caution signs occurring in the market. You may recall that in the April 7, 2024 weekly Market Outlook we posted a caution sign and presented several …


A Different Commodity: The Canna Trade Sets Up

Mish Schneider |

One of the more frustrating trades this year has been the back-and-forth rallies and sell offs in the cannabis sector.

MSOS the ETF for US Cannabis since the beginning of 2024, has rallied over $10.00 a share on news of …


Recap-The Power of the 23-Month Moving Average

Mish Schneider | May 15, 2024

Today we have another look at the 23-month moving averages.

The first one for context is of the S&P 500 (SPY).

SPY cleared the 23-month in 2023.

SPY tested the 23-month moving average after the breakout in October 2023.

SPY …


Regional Banks and the 23-Month Moving Average

Mish Schneider | May 14, 2024

Yesterday I wrote about Alibaba and the 23-month moving average ahead of its earnings report.

Now that it did report, to repeat,

“The monthly chart is one of my favorites to look at, especially when one draws in the 23- …


Alibaba and the 23-Month Moving Average

Mish Schneider | May 13, 2024

I have not been shy about telling our readers and social media/media followers that we liked and bought Alibaba (BABA) in February 2024.

And we sat with it.

And sat with it.

Today, it’s paying us some cushy profits.

Will …


The Debate Continues. Will They, or Won’t They?
Another Winning Streak, But Not Where You Would Expect!

Keith Schneider | May 12, 2024

Welcome readers.  Glad to have you for a few minutes.  Let’s jump right in.

I could write about so many topics this week as there are more than a handful of macro-economic and market newsworthy items.  But given the amount …