Market Analysis for Trading on 3/6/2017

Mish Schneider | March 5, 2017

Market Feeds Trader’s Their Just Dessert A favorite anadrome: Stressed Spelled Backwards is Desserts. Last week ended with the market giving stressed out traders their just desserts. Stressed out traders makes justifiable sense. After all, like the photo above, the …


Market Analysis for Trading on 3/3/2017

Mish Schneider | March 2, 2017

A Market That Thinks Therefore It Is I saw this while touring Meow Wolf, an art installation in Santa Fe, NM. When I snapped the picture, I knew I would use this slogan for a Daily, but had no idea …


Market Analysis for Trading on 3/2/2017

Mish Schneider | March 1, 2017

Market Rallies on Everything But the Kitchen Sink Last week the market baked a magic 3-layer cake. That’s when from a very thin batter, 3 layers of fudge, custard and sponge cake magically appear. We saw the Russell 2000 test …


Market Analysis for Trading on 2/29/2017

Mish Schneider | February 28, 2017

Should Investors Stick Their Necks Out? Salvador Dali, the surrealistic painter, described the Giraffe as a “masculine cosmic apocalyptic monster.” He believed it to be a premonition of war. In his 1937 painting, “The Burning Giraffe,” Dali said it is …


Market Analysis for Trading on 2/28/2017

Mish Schneider | February 27, 2017

The Market in the Tutti-Frutti Hat Carmen Miranda became trapped as the image of a fruit dancer. Even her attempt at a break-out role failed to change movie producer’s minds. Carmen was pegged as the “Brazilian Bombshell” in the Tutti-Frutti …


Market Analysis for Trading on 2/27/2017

Mish Schneider | February 26, 2017

It’s Only A Manufactured Bear Last week, so many aspects of the market appeared manufactured. The comments by the Federal Reserve when they used the term “maybe.” The idea that although like tigers, solitary by nature, the Fed was squeezed …


Market Analysis for Trading on 2/24/2017

Mish Schneider | February 23, 2017

A 3-Layer Magic Market Cake In a magic cake, the top layer is a sponge cake. The middle layer is custard and the bottom layer is fudge-like. In the market and the rally since the November election, the top layer …


Market Analysis for Trading on 2/23/2017

Mish Schneider | February 22, 2017

The FOMC Forced Streak In the wild, tigers do not generally stay in groups. Yet, because of man, tigers are sometimes forced into unnatural social groups. These groups are called “streaks.” Tigers are not necessarily aggressive to one another. In …


Market Analysis for Trading on 2/22/2017

Mish Schneider | February 21, 2017

The Market Rallies “Furthur” In 1964, Ken Kesey dubbed a bus “Furthur.” “You’re either on the bus or you’re off the bus,” became the metaphor the then Merry Pranksters used during their cross-country tour. In what some might dub as …


Market Analysis for Trading on 2/21/2017

Mish Schneider |

The Fire Rooster and the Hen are Expecting Last week, the fire roosters and hens got it on. After the rooster’s clumsy but successful leap onto the hen’s back, all four indices climaxed at new all-time highs. So, if first …