Market Analysis for Trading on 12/30/2016

Mish Schneider | December 29, 2016

Luckily, the Market is Tagged For the first time, Diego perched himself on this chair by our trading screens. As today is the last Mish’s Daily for 2016, I wondered how Diego’s and the market’s action might be related. The …


Market Analysis for Trading on 12/29/2016

Mish Schneider | December 28, 2016

Market Bulls Carpeted Stampede   Bison in Formation on Carpet Pasture bison are typically calm and easygoing animals. However, once confronted with ill-informed handlers they become "wild beasts." To prevent bison from stampeding, handlers must approach cautiously. Bison prefer to …


Market Analysis for Trading on 12/28/2016

Mish Schneider | December 27, 2016

While at a holiday party, I found this Effanbee doll circa 1920 in the hostess’ guest room. Originated in 1912, the Effenbee dolls became well known as the first realistically proportioned child doll. What struck me about this doll, is …


Market Analysis for Trading on 12/23/2016

Mish Schneider | December 23, 2016

Uncertainty is the New Sure Thing Perhaps the Gremlin at 20,000 in the Dow resembles the first angel. (Please regard the comparison in the spirit it is meant.) Not necessarily warnings of “hail and fire mixed with blood…hurled down to …


Market Analysis for Trading on 12/22/2016

Mish Schneider | December 22, 2016

Elmo Wishes the Dow Trades 20,000 Every Day In 1996, Elmo starred in a 60-minute television special called Elmo Saves Christmas. Known for his references to himself in the 3rd person, Elmo wants Christmas every day. However, Elmo discovers that …


Market Analysis For Trading on 12/21/2016

Mish Schneider | December 21, 2016

Donning wreaths, tinsel, ornaments and lights, the Dow Jones Industrial Average crept towards 20,000. Crept is the operative word. The DJIA made it to 19,987.63 without volatility and on half to three-quarters of the average daily volume. With so much …


Market Analysis For Trading on 12/19/2016

Mish Schneider | December 18, 2016

Last week, the Dow Jones Industrial Average partied like its 19,999. (The Dow only made it to 19,966.43.) Meanwhile, the descent from even 19,966 could mean that a gremlin appeared on the wing of the Dow plane as it neared …


Market Analysis For Trading on 12/16/2016

| December 16, 2016

The Multifaceted, Multidimensional Market Another photo I covertly shot at MOMA last week, this piece by Francis Picabia (the Papa Dada artist covered in Monday’s Daily), is called Salome. Salome’s fame comes from her demanding and receiving the head of …


Market Analysis For Trading on 12/14/2016

Mish Schneider | December 15, 2016

Atlas, half-man half-god giant, was a Titan condemned to carry the world on his shoulders for eternity. Here he is in front of 30 Rockefeller Center on Fifth Avenue as he has been since 1937. In last night’s Daily, I …


Market Analysis For Trading on 12/14/2016

Mish Schneider | December 14, 2016

When we saw this holiday window dressing at Saks Fifth Avenue, I could not decide if I should photograph or lick it. After all, the Land of 1000 Delights intends on stimulating all our senses. Like the minty fresh taste …