Macro to Micro - Seasonals, Trends and Momentum

July 28, 2023

Mish's Daily

By Mish Schneider


For the weekend, we invite you to listen to Mish’s live coaching session for the Complete Trader members only.

During the 45-minute session, you will hear and see:

  1. The Indices along with Calendar Ranges and Momentum Indicators
  2. The Economic Modern Family in 2 timeframes
  3. The Outliers and where they sit-bonds, gold, oil, dollar
  4. Other sectors of interest
  5. Specific stock picks current and new-with actionable information

In general, besides the obvious FED rates and inflation, there is the retail or consumer sector..still well underperforming even with the strong demand for services.

Granny Retail or the ETF XRT for example is nowhere near 52-week highs while NASDAQ and SPY cleared them along with tech.

Should consumers fatigue buying with higher rates and higher energy costs, then the talk might go back to recession-which in turn-might give the banks reason to pause-which of course, could further fuel inflation and create a market correction.

For now, we have eyes on consumer staples and biotech as undervalued.

Have a listen.


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


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

Your Daily Five StockchartsTV 07-26-23

CMC Markets Gold Oil SPX META 07-26-23

Money FM 89.3 Singapore 07-26-23

Business First AM PCE Inflation Picks 07-25-23

CMC Markets Daytrade Gold, Oil and more 07-24-23

BNN Bloomberg 07-20-23

Business First AM 07-17-23

Options Insight with Imran Lakha 07-13-23

TD Ameritrade Nicole Petallides 07-13-23

Real Vision Proper Link-full episode 07-12-23

CMC Markets Daytrading Futures Before and After CPI 07-12-23

Business First AM Market Ease 07-10-23

Business First AM Don’t Fight the Fed 07-11-23

Making Money with Charles Payne 07-10-23

Yahoo Finance 07-06-23


Coming Up:

October 29-31 The Money Show Schneider, Michele (


ETF Summary

S&P 500 (SPY) 452 July calendar range hi now support

Russell 2000 (IWM) 193 is the 23-month holy grail

Dow (DIA) 35,000 support

Nasdaq (QQQ) 6-month calendar range high now a good spot to watch

Regional banks (KRE) Consolidating over its July calendar highs-positive

Semiconductors (SMH) Holds here ok-needs to clear 161 and under 147 trouble

Transportation (IYT) Cannot be bearish while this sits at new 52-week highs

Biotechnology (IBB) 128 support now to hold like to see it clear 130

Retail (XRT) Rally to the July 6-month calendar range high-now the fun begins

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!