Market Analysis for Trading on 10/7/2016

Mish Schneider | October 6, 2016

The Market’s Indistinct Absurdity Bath Time “What is real is not always what we think.” Kenneth R. Marvel Curator This “juxtaposition of discordant elements” describes this piece of art and the market action perfectly! Such is today’s report as far …


Market Analysis for Trading on 10/6/2016

Mish Schneider |

Enjoy the Bounty and Prepare for Frost As I removed the last of the bounty from my container garden ahead of the first frost, I saw this little guy who seems to have the same thing in mind. This Small …


Market Analysis for Trading on 10/5/2016

Mish Schneider | October 4, 2016

A Three-Headed Dog Not Medusa Spooks the Market Not a happy market image: A skeleton and a sardonic grinning bear head strategically placed beside rusty medieval hardware. Monday night we mused on Medusa and her ability to turn the Rallysaurus …


Market Analysis for Trading on 10/4/2016

Mish Schneider | October 3, 2016

If Medusa Meets the Market’s Rallysaurus In Greek Mythology, anyone who looks at Medusa turns to stone. Has our long-in-the-tooth Rallysaurus caught her gaze? The dinosaur, now perhaps a rock, freezes with his head up high and his mouth ajar …


Market Analysis for Trading on 10/3/2016

Mish Schneider |

Will the Market Scratch on the Door or Pee on the Rug? Artist: James Palmer Mulligan “Devil or angel, I can’t make up my mind.” Blanche Carter A week ago Monday, the Dow Jones Industrial Average declined. Tuesday it rallied. …


Market Analysis for Trading on 9/30/2016

Mish Schneider | September 30, 2016

Market Has Bloodshot Eyes Artist: James Palmer Mulligan (our godson) Imagine the 3 wires coming out of the subject’s ears as 3 different moving averages. On the left side the trend points up. On the right side, the trend is …


Market Analysis for Trading on 9/29/2016

Mish Schneider | September 29, 2016

The Market Stands at a Frontier “OPEC said to Agree on First Oil Output Cut in Eight Years” Bloomberg. Not exactly as old as this vintage gas pump, a united OPEC does appear as an anachronism. Said to agree as …


Market Analysis for Trading on 9/28/2016

Mish Schneider | September 28, 2016

If the Sun Shines, The Market Should Warm Up Earth Ships Taos, NM Since the focus on solar energy in Sunday’s Daily, First Solar has rallied about 4-5%. The S&P 500, on the other hand, has declined by about 1% …


Market Analysis for Trading on 9/27/2016

Mish Schneider | September 27, 2016

The Market Spins a Fragile Web Monday, many Traders felt like this crab shell spider waiting in repose in hopes of catching flies in their webs. Anxious to capture more flies, the threat from predators’ kept spiders and traders hungry. …


Market Analysis for Trading on 9/26/2016

Mish Schneider | September 26, 2016

Renewable is the Market’s New Sustainable Earth Ships, Taos NM “Sustainable Testing Site” brings up three questions about last week’s market action. Can the market indices sustain the recent rally in price? Have sustainable or renewable energy instruments finally bottomed? …