Granny Retail a Big Barometer-Video Analysis

Mish Schneider | June 22, 2023

It was a great day to sit down and talk to Dale Pinkert of FACE Live Market Analysis & Interviews.

And we covered a lot of ground.

  • BoE interest rate cut
  • Inflation, Recession or Stagflation
  • Commodities-grains, metals, industrial metals
  • The

  • Is Cannabis Finally Low Enough to Go High?

    Mish Schneider | June 21, 2023

    Wednesday, we began to see a separation between what Chairman of the Fed Powell said on fighting inflation, and the inflation indicators themselves.

    Food commodities, particularly grains, soared. Weather is the dominant factor as we head into the summer season.…


    Bearish at the Bottom-Institutions Wrong on Oil

    Mish Schneider | June 20, 2023

    On June 12th, Goldman Sachs came out with this:

    Goldman Sachs has slashed its forecast for oil prices by nearly 10%, citing weak demand in China and a glut of supply from sanctioned countries, including Russia.

    What the big institutional …


    Fed Skips, Bull Runs Wild
    But Is the Market Ignoring The Fed’s Message?

    Keith Schneider | June 18, 2023

    Hope you are having a good Father’s Day weekend, for those who are privileged to call it your day.  Nothing can make Father’s Day better than coming off a positive and profitable week.  Given the recent number of profit targets …


    Economic Modern Family-Let’s Get Technical!

    Mish Schneider |

    Focusing on the Economic Economic Modern Family, the weekly charts will help us see who is doing what, why, and perhaps help us understand, for how long.

    Granddad and Grandma Russell and Retail are the matriarch and patriarch of the …


    Speaking of AI-A Look at Our Alpha Rotation

    Mish Schneider | June 15, 2023

    Those who read our Daily and follow us on the media know that we talk a lot about risk gauges.

    The big focus for me personally is the relationship between the S&P 500 and the long bonds.

    The other 2 …


    Fed’s Victory Lap and Next Steps for the Market

    Mish Schneider | June 14, 2023

    What we heard from the Fed and FOMC on Wednesday:

  • Unanimous
  • Holding Rates Allows FOMC To Assess Additional Data
  • Tighter Credit Likely To Weigh On Activity
  • 2023 Unemployment Seen At 4.1% Vs 4.5%
  • Median Rate Forecasts Rise To 5.6% End-`23,

  • A Foray into Currency Pairs

    Mish Schneider | June 13, 2023

    Teaching an old dog new tricks means that the tricks might be new, but the notion of doing tricks is familiar.

    Case in point-currencies and trading currency futures.

    We have traded ETFs UUP and FXE (dollar and Euro) in the …


    It’s Not Just About Small Caps-Look Here Too

    Mish Schneider | June 12, 2023

    Last week I was listening to an analyst talking about small caps.

    He basically poo-poo’d their importance and therefore influence on the overall market conditions.

    Now, this is our Granddad Russell-the representative of stuff made in the USA.

    He went …


    The S&P 500 Enters a New Bull Market!
    But There Are Signs It May Be Getting Stretched

    Keith Schneider | June 11, 2023

    Happy weekend Gaugers. Hope you had yet another positive investing week. Thanks for visiting with us for a few minutes. Let’s embark on the Outlook together.

    The markets continue to grind higher, albeit a bit quieter. On Friday, stocks faded …