Bonds, Euro-Dollar, Metals, Oil and A Pick

April 5, 2023

Mish's Daily

By Mish Schneider

In the last few Daily blogs, we have covered a lot!

From the silver to gold ratio, to long bonds to the Euro versus the dollar.

And that’s not all!

We have looked at the 23-month moving average and how that has been an incredibly reliable indicator to assess where the economy might be going-or if it is going nowhere.

We also covered the agricultural ETF DBA, sugar futures and their significance-and most recently, looking at Utilities.

For today, we posted a short 11 minute video that I do for CMCMarkets in the U.K.

Here is the link.

Recorded April 4th.

And please take some time to listen to a podcast with Madam Trader’s host Ashley Kyle Miller recorded March 20th

Chart is from Big View-Risk On/Risk Off Indicator using SPY

 

For more detailed trading information about our blended models, tools, and trader education courses, contact Rob Quinn, our Chief Strategy Consultant, to learn more.

-
You don’t want to miss Mish's 2023 Market Outlook E-available now

NOT TOO LATE Click here if you'd like a complimentary copy of Mish's 2023 Market Outlook E-Book in your inbox.


Get your copy of
Plant Your Money Tree: A Guide to Growing Your Wealth

Grow Your Wealth Today and Plant Your Money Tree!

"I grew my money tree and so can you!"- Mish Schneider

-
Mish in the Media - All clips here

Madam Trader Podcast 03-20-23

CMC Markets 04-04-23

Business First AM Angela Miles-on Utilities 04-04-23

Kitco News On Oil and Gold Neils Chritensen 04-03-23

Festival of Learning Real Vision 03-31-23 (RV Members only)

CNBC Asia on Volatility 03-31-23

 -
Coming Up:

April 6th Making Money with Charles Payne Fox Business

April 13 The Final Bar Dave Keller Stockcharts

April 24-26 Mish at The Money Show in Las Vegas

May 2-5 StockChartsTV Market Outlook

-
ETF Summary

S&P 500 (SPY) 405 support and 410 pivotal

Russell 2000 (IWM) 170 support- 180 resistance still

Dow (DIA) Confirmed bullish phase and inside day-through 336.25 could go higher

Nasdaq (QQQ) 325 resistance 314 10-DMA support

Regional banks (KRE) 41.28 March 24 low

Semiconductors (SMH) 247 is the most significant support

Transportation (IYT) 219 the 200-week moving average to hold if good

Biotechnology (IBB) Exhibiting leadership-esp if clears 130

Retail (XRT) Don’t want to see this break under 59.75-and best if clears 64.50

Improve Your Returns With 'Mish's Daily'

Michele 'Mish' Schneider

Every day you'll be prepared to trade with:

  • Unique insight into the health and future trends in markets
  • Key trading levels for major ETFs
  • The 'Modern Family' advantage
  • Actionable trading ideas in stocks and ETFs across all asset classes
Subscribe Now!