After reviewing my comments from Monday night I thought to myself, “Mish, how can you tell folks to be long gold at the same time you are telling them that you believe theFederal Reserve will begin to nominally raise rates? …
Yesterday’s question was “is a 2 day rest enough?” and today it seemed to be enough for theIWM to breakout to another new high and get up over 1% intra-day.
It was a solid up day, but the SPY, QQQ, …
The double doji pattern in the IWM describes the market well – undecided.
The last two days have been a mirror image of each other in a couple interesting ways. Yesterday the markets ran up in the morning and reversed …
For what it’s worth Mondays have been a high probability day for the Bulls for most of this year and today seemed to be following that trend in the morning. Unfortunately even IWMbreaking its all-time high levels could not entice …
The four major markets – SPY, QQQ, DIA and IWM began the week at the low end of their several week range’s and worked their way higher to close at their weekly highs. They’re all now closing in on their …
It seems our Economic Modern Family comprised of The Russell 2000s, Retail, Biotechnology, Semiconductors, Regional Banks and Transportation ETFs are a solid herd. Remember however, that the Chinese New Year encompasses goats and rams as well. That must explain how …
Please allow me to espouse on the state of the Fed, the market and how I sift through it all.
Concerning Federal Reserve Policy and Interest Rates, I believe the economic numbers take a backseat to the predictions the Fed …
With about an hour to go before Tuesday’s close, I tweeted that our delicate sibling,Transportation (IYT), needed to finish out the session over 124.94 or higher in order to give us a potential 2-day strong bottoming pattern after the new …
Market two-faced? Wearer of many masks? Nah!!! Is it a comedy, tragedy or a little of both? Yeah!!!
What about the word "tragedy" derived as a compound of two Greek words: (tragos) or "goat" and (ode) meaning "song?"
Were our …
As a part-time actor in our local community theaters, I think a lot about the iconic Comedy and Tragedy Mask. The masks were taken from Greek Mythology and were worn in the Greek theater to distinguish the different emotions of …