The Next Leading Indicator

May 4, 2023

Mish's Daily

By Geoff Bysshe


Today’s daily is two videos by Mish from the studios of StockCharts.com.

The first video is Mish’s Daily Five.

In this video Mish explains why Grandma Retail (XRT), may become our new leading indicator.

In addition, Mish reviews how to trade the current conditions in not five but six retail stocks.

The second video is Mish on StockCharts’ Final Bar with David Keller.

In this interview they discuss why Mish believes that yields will peak in May, what to expect next in gold, and more!

 

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

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Mish in the Media -
All clips here

Patience for This Stock Pick  05-01-23

Into Resistance - How To Trade It  04-02-23

TD Ameritrade Nicole Petallides 04-28-23

Business First AM Angela Miles 04-27-23

Making Money With Charles Payne 04-27-23

Stock Charts 04-21-23

Benzinga PreMarket Prep 04-20-23

Cheddar TV Closing Bell 04-19-23

The Money Show-Intro to Talk 04-19-23

CMC Market Tesla, Gold, Oil, Gas, China 04-19-23

Business First AM on Tax Season 04-18-23

Final Bar Stockcharts Dave Keller 04-13-23

Twitter Spaces Wolf_Financial Former Pit Traders 04-13-23

CMC Markets 04-12-23

Yahoo Finance 04-12-23

Special Webinar on What Traders Can Expect in 2023 with Bob Lang and Mish 04-11-23

Rosanna RoPodcast 04-07-23

Making Money with Charles Payne 04-06-23

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Coming Up:

May 2-5 StockChartsTV Market Outlook

 

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ETF Summary

S&P 500 (SPY) 23-month MA 420

Russell 2000 (IWM) 170 support - 180 resistance

Dow (DIA) Over the 23-month MA-only index

Nasdaq (QQQ) 329 the 23-month MA

Regional banks (KRE) 43 now pivotal resistance

Semiconductors (SMH) 246 the 23-month MA

Transportation (IYT) 202-240 biggest range to watch

Biotechnology (IBB) 121-135 range to watch from monthly charts

Retail (XRT) 56-75 trading range to break one way or another

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