Mish's Market Minute

Sugar - Is It Bottoming Again?

by Mish Schneider

Sugar futures, or the sugar continuous contract (you can also check out the July contract SBN20), rallied 4.5% today, leaving a potential bottoming pattern. Again. This is important for 2 reasons... Read More 

Mish's Market Minute

Gold - From Monthly Dojis to Today

by Mish Schneider

On March 31st, I tweeted about the gold ETF (GLD). Let me just say, it is a good thing I do not rate my trading advice on the number of likes I get. So, with the tweet spot on, the very next day, me and my MMM Advantage members entered long at 149.50... Read More 

Mish's Market Minute

The Simplest & Most Rounded Way to Look at Price

by Mish Schneider

Back in the days, on the Commodities Exchanges, we had no social media and little in the way of technical indicators. But what we had was PURE price action. In that spirit, today, we have everything a trader could hope for, and probably too much of it... Read More 

Mish's Market Minute

The Economic Modern Family Tells a Story

by Mish Schneider

Before I comment on the charts, a note about the US Oil Fund ETF (USO). News is news, and clearly, it's not been good. But charts are better. With two huge volume days in a row and prices that tanked, a blowoff bottom is not an impossibility... Read More 

Mish's Market Minute

Did Oil Just Give Us a Once-in-a-Lifetime Opportunity?

by Mish Schneider

Last Friday, I made a video for my show on StockCharts TV (watch here) that began with a comparison of oil in the early-to-late 1970's period against what we're seeing now... Read More 

Mish's Market Minute

Comparing Today's Market with the 1970s

by Mish Schneider

Many are calling the recent market activity similar to the Great Depression of the 1930s. And clearly, there are some comparisons. But what did not exist in the 1930's was this level of QE... Read More 

Mish's Market Minute

Three Indices Took the Blue Pill - One Took the Red

by Mish Schneider

We have been here before. Sister Semiconductors (SMH) rocks the house, while her siblings and grandparents lag. Today, the disparity was palpable. SMH closed up 2.71%. The Russell 2000 IWM closed down .86%. Regional Banks KRE closed down 3.68%. Granny Retail fell by .51%... Read More 

Mish's Market Minute

Trading Irrationality - Live with RealVision

by Mish Schneider

Market reaction to the onset of COVID-19 has been volatile and uncertain... Read More 

Mish's Market Minute

Who Loves Free Money But Worries About Oil?

by Mish Schneider

The charts of Regional Banks (KRE), also known as the Prodigal Son of the Economic Modern Family, has told us - and will continue to tell us) - a lot! On the daily chart, back in mid-January, KRE was one of the first sectors to go into a warning phase or break below the 50-daily ... Read More 

Mish's Market Minute

The Fed Gone Wild! (+ Video)

by Mish Schneider

The Fed injected another $2.3 trillion into buying bonds, including junk. They have bypassed the Federal Reserve act, which means they can buy whatever they want. Equity ETFs may be next... Read More 

Mish's Market Minute

A Market is Only as Good as its Lowest Common Denominator

by Mish Schneider

In the spirit of objectivity, we looked at the weekly chart of IWM as either a bear flag forming or, alternatively, consolidation before another rally... Read More 

Mish's Market Minute

The Russell 2000's Weekly Bear Flag Setup

by Mish Schneider

The Russell 2000 (IWM) weekly chart has helped us navigate the bull and bear runs for years. While you hear so much about a V-Bottom, I see no evidence of it in this index. Significant? Also, considering it came in having to clear the outside week trading range or move over 117... Read More 

Mish's Market Minute

Four Economic Modern Family Members Need More

by Mish Schneider

Who is surprised that the two sectors of the Economic Modern Family that broke over the inside week trading ranges are Semiconductors (SMH) and Biotechnology (IBB)? Also, who is surprised that the sectors that did not break over their outside week's trading ranges are everybody e... Read More 

Mish's Market Minute

The Year of the Rat: Have They FED on Money Supply?

by Mish Schneider

As we are a couple of months into the Year of the Metal Rat, much of what I posted back on January 19th has come true... Read More 

Mish's Market Minute

Indices and Key Sector Levels Only

by Mish Schneider

Due to scheduling conflicts, tonight you are getting the levels without commentary. Only one important note - five of the six economic modern family members are having an inside week. That means they are trading inside the range of last week... Read More 

Mish's Market Minute

Your Money Manager is Not Prepared for This

by Mish Schneider

The market has fallen over 30% from the highs. Maybe you've already called your fund or 401(k) manager and asked to liquidate your losers or the entire account. Here is what you probably heard. "I don't recommend it... Read More