Written by Mish
Over the weekend I wrote that “Looking at the SPY chart, we could be setting up for a mean reversion trade (bear market bounce that takes SPY back to 380.)”
I went on to write, “Granny Retail …
The truth can be difficult to hear.
Telling the truth is also hard when the message is not what the recipient wants to hear.
Dealing with the truth is even harder, especially when it’s unexpected and disappointing.
This week, investors …
Written by Mish
Currently, if we look at the S&P 500 and the Retail Sector through XRT, our foregone conclusion is that for the most part, equities are a distraction.
The obvious trend is down, but is it that so …
Written by Mish
So, the whole U.S. watched the Fed raise rates by .75 bps today.
And, with all the news coverage and analysis, yours truly has tried to warn you all that whether the Fed raised by 50 or …
Written by Mish
Pretty much everyone has turned into a bear.
And no surprise really.
Personally, I think the bears are a bit late to the party. Nonetheless, the inflation concerns are real. The QT concerns are real. Yet the …
Written by Mish
Last week I did a part educational, part actionable webinar for the virtual money show (link below).
My theme was and always is, the Economic Economic Modern Family.
On the weekly charts, some of the members have …
Having grown up in the ‘60s and attended college in the late ’70s, I vividly remember my father telling me, “Cost of everything is going through the roof”. It was an often-used sentence by people living in the ’70s. That …
Written by Forrest Crist-Ruiz
Friday the CPI numbers were reported showing that while the Fed has continued to increase rates, inflation has again pushed higher.
This worsens investor sentiment and increases fears that a recession is inbound.
This was reflected …
Written by Forrest Crist-Ruiz
On Wednesday, the Russell 2000 (IWM) failed to make a second close over its 50-Day moving average.
As the current leader of the major indices, IWM has been playing a very important role in the overall …
Written by Forrest Crist-Ruiz
Although we are watching for another step up in the major indices, we are also looking at safety plays in commodities.
Specifically looking at precious metals such as gold (GLD) and Silver (SLV) one thing stands …