Written by Michele Schneider By the time you read this, the buzz of what the Fed did and Powell’s presser will be over..at least for the day. We will not repeat the obvious. What we are way more focused on is the underlying reasons that the Fed, unless they are willing to goose rates to over 8%, will have little impact on the A) Upcoming Commodities Super-Cycle and B) The unique undefinable labor market which

Monday’s rally was the 3rd best performance for the first trading day of October since 1930. When followed by yesterday’s rally, the two-day rally became the strongest since April 2020 when the market was roaring back from the pandemic crash. This rally comes at a very pivotal point in the bear market’s trend as you can see from the weekly chart below. The SPY in the chart is sitting on its 200-week moving average and

Hello Gaugers, hope that you had a good and prosperous week and you were able to take advantage of several of our “hot” strategies, including Large Cap Leaders (LCL), GEMS and NASDAQ All Stars (NQ All Stars). These strategies are beating their respective benchmarks. LCL and NQ All Stars are up over 10% YTD. After 6%, 9%, and 12% run-up moves in the S&P 500, Small Caps, and the NASDAQ, respectively, the most important question

Written by Michele Schneider Monday, the Daily covered some of the warning signs, particularly in the Regional Banks and Transportation sectors. We ended the Daily by writing this: “Transportation and Regional Banks make up nearly 1/3 of the Economic Modern Family.” On their weakness..”Of course, the week is young, so we have time to see if both sectors play catch up or are sending us a meaningful warning message. Either way, they are not to

In May of 2021 I outlined a dangerous condition of excessive margin debt that looked remarkably similar to only two other periods in the last 3 decades – 2000 and 2007. You may recall that both of those periods didn’t end well for the bulls. At the time of the post, however, the rate of margin debt growth was at record levels and still growing, and as I noted at the time… While margin debt

Two weeks ago, I visited with my Mother (91 yrs. young) in Phoenix while on a business trip. On our way out to dinner with close friends, we passed a small Circle K gas station with an irresistible offer. It was only Wednesday, and the Mega Millions lottery jackpot was already up over $1 billion. For a measly $2 ticket, I could earn a significant return on my small investment, and I felt comfortable with

Written by Michele Schneider Nearly every member of Mish’s Modern Family  improved last week, with the Russell 2000 IWM, Transportation IYT, Semiconductors SMH Retail XRT all putting in Golden Crosses on their daily charts. Except for Regional Banks KRE. Risk off or on during this data heavy week? Clearly the performance of MarketGauge’s Trend Strength Indicator (TSI) improving across all 4 key indices, with Small Caps (IWM) and the Dow (DIA) leading the bunch points to risk

Attention day traders and swing traders (options traders too)... There’s a very effective calculated price level that can be used to anticipate intra-day breakouts and reversals in stocks, ETFs, and indexes when you use it correctly. For example, when you combine this price level with MarketGauge’s Opening Range trading tactics… You can easily identify the very reliable trade setup that I review in the video below. This pattern can be used as a trade setup

Hello Gaugers. It was a good and profitable week for those long in the market these past 5 and even 9 days since the beginning of the year. I have read one article and commentary after another stating that we’re surely in the beginning of a new bull market. Here are just a few of the comments (and charts) I have seen that state the S&P is behaving better and “this time is different”… The

Written by Michele Schneider We typically have a song or two in my head. After all, watching ticks is musical and has a lot of different beats. And typically, those songs turn into parodies. For this past week, the first song was sealed in our brains after Tesla’s extraordinary run. And then again after Friday’s PCE (Personal Consumption Expenditure) numbers were released. Core PCE excludes food and energy. PCE includes health care, education, haircuts, hospitality

Yesterday the market gapped higher after testing important support levels the day before. With the markets sitting at very pivotal inflection points in their long-term trends, this was a perfect opportunity to use MarketGauge’s Opening Range tactics to determine whether or not the gap was an indication of a market bottom and trade it accordingly. In this video, I review how to use the Opening Range to: Anticipate the general market’s direction Use it to

Happy 2023 Gaugers. We are pleased to start another year with you all, especially after the ugly investment climate during 2022. Should you desire, we will be making all of our 2022 weekly Market Outlook’s (written by me and Keith) available in one PDF. I am confident that we delivered some meaningful lessons including: putting on hedges;  using disparate strategies for better outcomes; using inverse ETFs for protection; how to watch volatility indices to know

Written by Michele Schneider I personally started out this year saying that to date, gold has been sold on strength and bought on weakness. And that the day strength is bought is the day we begin a much bigger rally. A Few Gold Headlines: Gold prices hit record high in Japan China steps up gold imports in 2022: Swiss gold imports at 4-year highs, Russia gold imports rise Swiss pension fund increases exposure to gold

Last week was a wild week in the cryptocurrency market. Sentiment has quickly changed from 50/50 bullish vs. bearish to almost entirely bullish in just the last 10 days. This is indicative of the significance that non-technical factors can have in the price action of cryptos. On the other hand, technical analysis of recent market action spells out clear trade opportunities that investor sentiment may ignore. Similar to the S&P 500 (SPY) being commonly used

Gaugers, all of us in the MarketGauge family wish you a healthy, happy, and peaceful New Year with much prosperity as you start 2023. Thank you for reading our weekly Outlook. We are pleased to have you involved with us. - Potential Positive After a bad year, there is a high probability that the next year may be positive. While we are not expecting this to occur, especially with lingering high interest rates and a