May 28, 2023
Mish's Daily
By Mish Schneider
This past week, we have written a lot about tech (another AI generated photo), the discordance between the small caps and large caps, rates, debt ceiling and the Fed.
For this weekend, we want to invite you to have a listen to the live coaching Mish does exclusively for our MarketGauge members.
In this recording Mish covers:
1. Indices
2. Economic Modern Family
3. Metals and Commodities-Reading Futures Charts
4. Interest Rates
5. The Dollar
6. Risk on/off Big View
7. AI and tech-quants and the beauty of math
8. The impact of Nvidia-some obvious-some under the hood
9. Specific stock picks with parameters
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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
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Mish in the Media - All clips here
CMC Markets Futures Daytrading 05-24-23
Business First AM 05-24-23
TD Ameritrade 05-22-23
Daily Briefing Real Vision 05-19-23
Business First Am GME 05-10-23
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Coming Up:
May 31st Singapore Radio with Kai Ting 6:05 PM ET MoneyFM 89.3
June 2nd Yahoo Finance
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ETF Summary
S&P 500 (SPY) 23-month MA 420 Support 410 held
Russell 2000 (IWM) 170 support - 180 resistance
Dow (DIA) Right down to its 200-DMAand a confirmed caution phase
Nasdaq (QQQ) Worst case-a potential reversal top on weekly chart-best case-gets thru the weekly highs
Regional banks (KRE) Did the initial damage now sidelining
Semiconductors (SMH) No doubt-she is showing expansion
Transportation (IYT) Like to see this hold 220 this week
Biotechnology (IBB) 121-135 range
Retail (XRT) 56.00 the 80-month MA while momentum is at least flatlining
Every day you'll be prepared to trade with: