Mish's Market Minute

The Financial ETF - Dissecting the Chart

by Mish Schneider

Over the weekend, I covered the financial sector in depth. Last week, the Volcker rule was rolled back, while the Federal Reserve decreased dividends paid to shareholders and ruled against corporate buybacks... Read More 

Mish's Market Minute

The Financial Sector Takes Center Stage

by Mish Schneider

This past week, the financial sector saw some fireworks. The Volcker rule was rolled back, while the Federal Reserve decreased dividends and ruled against corporate buybacks. Where does the name Volcker Rule come from? Volcker was the Fed Chairman in the 1970s-1980s... Read More 

Mish's Market Minute

Economic Modern Family - Is the Music Over?

by Mish Schneider

Yesterday, we heard a discordant orchestra. Today, the crescendo that had built up in NASDAQ turned into decrescendo... Read More 

Mish's Market Minute

Economic Modern Family Acts Tone-Deaf

by Mish Schneider

I hear a symphony.. Only there are some discordant notes. On the one side of the orchestra, we have NASDAQ FAANG and Tech building to a crescendo. On the other side, we have the Russell 2000, Retail Regional Banks and Granny Retail sounding more like a rat-a-tat-tat, then quiet... Read More 

Mish's Market Minute

The Market Will Not Go Down Unless...

by Mish Schneider

The market will not go down unless... The death rate from COVID-19 spikes - not simply the number of cases. The dollar keeps failing while the yuan grows in demand. The civil unrest surges to the point of riots, hence unavoidable disruption... Read More 

Mish's Market Minute

Five Themes to Trade in the Market

by Mish Schneider

Without a doubt, our Economic Modern Family continues to give us reasons for concern... Read More 

Mish's Market Minute

The Elephant in the Market

by Mish Schneider

"I don't see us wanting to run through the bond market like an elephant snuffing out price signals, things like that." - Powell Powell is referring to the Fed's plan to expand its purchase of bonds beyond ETFs and into individual issues... Read More 

Mish's Market Minute

Market - Is That the Best You Got?

by Mish Schneider

Jerome Powell's talking points today: "Millions" of people will not return to work for some time because of the aftershocks to businesses from the health scare. Fed has not committed to the hotly debated concept of yield curve control to lower interest rates further... Read More 

Mish's Market Minute

Let the Economic Modern Family Be Your Guide

by Mish Schneider

After the Fed announcement that they will be buying corporate bonds, the market took off. As mentioned in the weekend daily, we must go back to the stick in the mud, i.e. the NASDAQ 100 and its island top. Until the price trades up to 244... Read More 

Mish's Market Minute

Did the Market Really Top?

by Mish Schneider

After last Thursday's nearly 1900-point decline, I recorded a video for StockChartsTV (at the bottom of the page). Then, on Friday, we saw four distinct trading patterns emerge. First, many instruments had inside days or traded within the range of Thursday's trading range... Read More 

Mish's Market Minute

WOOD - One of the Best Lead Indicators

by Mish Schneider

Gold shot up, Bonds (TLT) rallied, oil flew and the economic Modern Family showed its reliability once again... Read More 

Mish's Market Minute

How Prodigal is Our Prodigal Son Regional Banks?

by Mish Schneider

Are you wondering how bonds, gold, volatility, the S&P 500 and NASDAQ can all run up on the same day? Plus, Beyond Meat, Amazon, cannabis, Tesla and Oil and Gas Exploration partied like they boarded SpaceX! Well, think of it this way... Read More 

Mish's Market Minute

What Does a Market Topping Pattern Look Like?

by Mish Schneider

I love this photo. If you see it right side up, it looks like a piece of deadwood coming out of the tree trunk. Upside down, it looks like the head of a bird. (Okay, maybe a somewhat prehistoric bird, but a bird nonetheless... Read More 

Mish's Market Minute

Volatility Index - Did it Bottom?

by Mish Schneider

In my last blog, we looked at the volatility index. Ahead of a weekend where more protests both peaceful and violent could happen, VIX could help us see how much fear might come back into the market... Read More 

Mish's Market Minute

2 Blogs, 2 Reasons for Caution: Volatility Index!

by Mish Schneider

If you did not get a chance to read my blog on the 1960s from June 2nd, please consider doing so. Just when the market is hitting euphoric conditions, any expansion of the protests, violence or the number of COVID-19 cases could unravel the market quickly... Read More 

Mish's Market Minute

The Economic Modern Family - Time to Prune in June?

by Mish Schneider

Now that "sell in May" did not work out so well for the bears, what will June hold for both the bulls and the bears? Since the price lows that were established in late March, it's been easy pickings for so many areas of the market... Read More