Written by Mish Schneider
The market took another turn for the worse this past week, with four weeks in a row in the red and the DOW futures dropping, testing significant support from the summer.
With the upcoming Fed meeting …
Written by Mish Schneider
After Tuesday’s stock market rout, the outperforming sector transportation on Wednesday, struggled.
Although our other indicator we have been writing about, junk bonds led the rally in the indices, transportation or IYT did not follow.
Why?…
Written by Mish Schneider
After a higher than anticipated CPI report, the major market averages traded much lower. August CPI came in increased by 20 basis points.
Fed Futures are now pricing in a 20% chance of a 100-basis point …
Written by Mish Schneider
The S&P 500 was sharply oversold last week according to Our Big View weekly analysis. Hence the market bounced and cleared the 50-day moving average in all indices.
The macro backdrop for the financial system remains …
In response to the recent steep pullback in stocks from their August highs, last week our Market Outlook focused on how uncertain and potentially volatile September (and October) can be to the stock market. You can review its charts and …
Written by Mish Schneider
Reserve Chairman Jerome Powell's speech this past week cautioned against prematurely loosening monetary policy.
Powell's speech reminds us that the Fed is focused on keeping inflation under control.
Nonetheless, what we also learned this week is …
Written by Mish Schneider
The Biden administration declared an intermediate target in August 2021 that 50% of all new automobiles would be electrified by 2030.
This transition to lithium-ion battery power will potentially guard against climate change and counter China's …
Written by Mish Schneider
Semiconductors have been a significant drag on Wall Street. Sister Semiconductors (SMH) needs to regain her -50week moving average to really see a major technical shift in the market. She is a good barometer of the …
All of us at MarketGauge and MarketGauge Asset Management (MGAM) want to wish you and your family an enjoyable and relaxing Labor Day Holiday. It is because of what you do, or have done and the service Americans provide that …
Written by Mish Schneider
Hello friends,
Labor Day is approaching, so it's time for some fantastic fun, entertainment for everyone, and relaxation. Monday the market is closed in observation of Labor Day.
I have been doing two videos a week …