Mish's Market Minute June 29, 2021 at 06:11 PM
Tuesday's market action has been sluggish at best. Of the four major indices, the Nasdaq 100 (QQQ) made the largest gain, ending +0.45% on the day. Tuesday's average daily volume in the QQQs also took a hit, with 27,800,000 shares traded compared to the 40,300,000 average... Read More
Mish's Market Minute June 28, 2021 at 07:02 PM
According to Mish's Economic Modern Family, the market remains mostly bullish, with only the transportation sector (IYT) and regional banking (KRE) sitting in cautionary phases under their 50-day moving average... Read More
Mish's Market Minute June 25, 2021 at 07:14 PM
The stock market steadied itself, as the major indices clear or head to new highs... Read More
Mish's Market Minute June 23, 2021 at 06:19 PM
Since the lows of March 2020, the stock market has made a huge rally and has broken to new highs in all the major indices. Trillions of dollars have been spent to keep the economy in a strong recovery and bullish phase... Read More
Mish's Market Minute June 22, 2021 at 07:02 PM
Tuesday morning's trading session continued a large sell-off in Bitcoin, which recently lingered near 41k in the prior weeks before selling off to roughly 29k... Read More
Mish's Market Minute June 21, 2021 at 07:20 PM
On Friday, the major indices, including the small-cap Russell 2000 (IWM) and S&P 500 (SPY) closed underneath their 50-day moving average. However, on Monday, both reversed and ended the day above their 50-DMA... Read More
Mish's Market Minute June 18, 2021 at 06:35 PM
After Wednesday's Fed announcement, the stock market has been sitting in an uneasy state. The U.S Dollar (UUP) has not only firmed, but pushed over resistance from its 200-day moving average at 24.69, confirming an accumulation phase... Read More
Mish's Market Minute June 16, 2021 at 06:53 PM
After the FOMC minutes were released on Wednesday, the market responded with a sharp selloff. The Feds' underestimation of rising inflation pushed them to consider scheduling rate increases in 2023... Read More
Mish's Market Minute June 15, 2021 at 05:56 PM
On Monday, we talked about transitory inflation and decided that, if general demand for goods was to continue with such strength, one of the best places to keep an eye on for investing opportunities could be in soft commodities... Read More
Mish's Market Minute June 14, 2021 at 07:22 PM
The Federal Reserve has called inflation transitory as they look for the economy to continue to recover and for more people to enter the workforce... Read More
Mish's Market Minute June 11, 2021 at 06:28 PM
It is well known that supply chain disruptions in Taiwan and other leading countries, which produce semi-chips for computers/Electric Vehicles, have been struggling to keep up with demand... Read More
Mish's Market Minute June 09, 2021 at 05:58 PM
The S&P 500 (SPY) and the Small-caps Russell 2000 (IWM) linger near all-time highs. This looks like a great setup for a rally past resistance and into higher territory. However, there are two potential problems to consider... Read More
Mish's Market Minute June 08, 2021 at 06:02 PM
The transportation sector (IYT) bounced off $268, closing +.32% on the day. This was a pivotal level to hold and becomes more important when compared to the rest of Mish's Economic Modern Family... Read More
Mish's Market Minute June 07, 2021 at 06:58 PM
"A small-cap is generally a company with a market capitalization of between $300 million and $2 billion. The advantage of investing in small-cap stocks is the opportunity to beat institutional investors through growth opportunities... Read More
Mish's Market Minute June 04, 2021 at 07:04 PM
For the small-cap Russell 2000 (IWM), $226.69 is an important level to hold, as it shows the index can sustain itself over its main consolidation range dating back to early April... Read More
Mish's Market Minute June 02, 2021 at 06:05 PM
Once a stock goes flying, it seems as though everyone wants a piece of the action. Of course, it might be fun to be a part of a big move, but it can also be extremely dangerous to take a trade in something going parabolic... Read More
Mish's Market Minute June 01, 2021 at 06:38 PM
On Tuesday, the Russell 2000 (IWM) closed over its pivotal price area of $226.69 from April 6th. Now it needs to hold over this price level as new support... Read More