The Market Awaits the Opposable Thumb Signal On April 4th I asked, “Is Wall Street the New Sesame Street?” At the time, we surmised that Elmo is a worried NASDAQ and Abby with the lower position on the seesaw, is …
Well-Marked Trails and Ones That Suddenly Appear Sometimes, you head out on a trail with a specific route mapped out. Other times, you head out and see an unexpected trail to follow. Last weekend, we started out hiking a well …
The Bullish Phases are Stolen Pictures We checked into a Route 66 hotel. Where art once hung, (reluctant to think an original painting), was now a pronouncement of theft. Where investors once hung confidence, is now a pronouncement of robbery. …
The Market’s Fire Rooster Behind Barbed Wire Let’s not forget that we are not even halfway through the Chinese Year of the Fire Rooster. To refresh our memories, “Regarding the economy, the fire element is often the driving force behind …
The Market Clings and Basks Crevice spiny lizards are typically shy and nervous. If approached, they will scuttle up rock faces or into crevices so that predators cannot reach them. They prefer semi-arid habitats where there are numerous holes and …
Why The Market May Be Consolidating On Quick Sand! For today’s Mish’s daily I’ve provided you with something different. I have a video for you that provides detailed analysis on the Economic Modern Family, SPY and QQQ with the assist …
What To Expect At Tomorrow’s Monthly Market Surprise Party! Tomorrow the market will get what it was waiting for all day today – the monthly employment report. Guessing the direction of the market’s reaction is particularly difficult right now because …
IWM vs. QQQ On Monday I wrote about the one thing pattern that all the Economic Modern Family members seemed to agree on was they were following Granddad’s (IWM) lead. Unfortunately for the bulls, IWM is not feeling very bullish. …
Is Wall Street the New Sesame Street? Ironically, our 2-year old’s Sesame Street birthday cake decoration perfectly illustrates the current market condition. Elmo is NASDAQ. He has the higher position on the seesaw. Yet look at his face. He’s worried. …
Today's commentary is by Geoff Bysshe, President, MarketGauge.com TSLA Proves More Isn’t Always Better A 7% move higher in Tesla (TSLA) pushed it to a market capitalization that is now higher than Ford. This is more impressive when you consider …