Mish's Market Minute

January 2022

Mish's Market Minute

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Should We Start Watching Noncyclical Stocks?

by Mish Schneider

The past week has been very challenging, as the market can't seem to pick a direction. Though short-term momentum has more overhead pressure, even the bears have had difficulty shorting the choppy price action... Read More 

Mish's Market Minute

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Key Price Levels to Watch in the Current Choppy Market

by Mish Schneider

Recently, we've talked about trading the market with a rangebound stance. This means we are looking to determine the main support/resistance levels the indices are trading within to define the current range, then watch for trading opportunities based on those key levels... Read More 

Mish's Market Minute

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The Major Indices Set a Key Support Level as Commodities Heat Up

by Mish Schneider

The market is looking to hold its current price area, along with Monday's low as a new key support level. Additionally, with many banks coming out of earnings season, the Regional Banking ETF (KRE) is perking up; now it needs a close over its 50-day moving average at $72.58... Read More 

Mish's Market Minute

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Watch These Two Symbols as Indictors for a Continued Market Rally

by Mish Schneider

The stock market has been under pressure from upcoming interest rate hikes, inflation and a worrying overseas situation in Ukraine. However, Monday's gap lower was followed by a late-day rally in all four major indices... Read More 

Mish's Market Minute

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Do You Have a Solid Trading Plan?

by Mish Schneider

As the stock market corrects and potentially forms a new trend, traders who don't have strict plans might be wondering what to do next... Read More 

Mish's Market Minute

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Mish: Transportation Sector (IYT) -- Way to Hold The Support Level!

by Mish Schneider

So far these last couple of weeks, we have written and talked about trading ranges, January calendar ranges, inflation, stagflation and precious metals... Read More 

Mish's Market Minute

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Mish: A Trading Range Within a Trading Range

by Mish Schneider

As we now enter the second half of January in a new year, the persistent trading range continues. Particularly in the small caps or Russell 2000 (IWM), the trading range has been from 204-233 since February 2021... Read More 

Mish's Market Minute

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Is the Market Falling into a Rangebound Trap?

by Mish Schneider

To get a quick overview of the markets direction, let's look at Mish's Economic Modern Family (MF)... Read More 

Mish's Market Minute

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Can Silver and Gold Break Out from Stagnant Price Action?

by Mish Schneider

Everyone knows inflation is on the rise and, with the latest year-over-year inflation numbers up 7%, investors are finally getting the picture that market growth has challenges ahead... Read More 

Mish's Market Minute

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How Biotech Confirmed a Reversal Pattern in Both Price and Momentum

by Mish Schneider

For roughly three months, the biotechnology ETF (IBB) has been trending lower. Though it's made multiple attempts to clear the 50-day moving average, it has failed... Read More 

Mish's Market Minute

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Could Greece (GREK) be Waking Up?

by Mish Schneider

Last week, Mish released her yearly outlook report, with dozens of ideas on trends and trades going into the new year. Greece ETF (GREK) is one of those picks. While the major indices were selling off Monday, GREK held near an important breakout area... Read More 

Mish's Market Minute

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Will the Nasdaq 100 (QQQ) Hold Key Support?

by Mish Schneider

This week has been a wild ride from new highs, followed by a quick pullback towards support in certain indices. High Yield Corporate Debt ETF (JNK), which we use as a risk-on or -off indicator, has broken under minor support from $107.33... Read More 

Mish's Market Minute

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The Fed Confirms They Were Wrong About Inflation

by Mish Schneider

Earlier this week, Mish released her annual report for the year ahead, titled "2022 Trends, Themes, and Trades to Watch". Today, the market showed why she has inflation as one of her 8 important themes. On Thursday (Jan... Read More 

Mish's Market Minute

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What are Tuesdays Market Outliers Telling Us?

by Mish Schneider

On Monday, we talked about the potential for the market to get stuck in rangebound trading if pivotal price levels were not cleared in the major indices... Read More 

Mish's Market Minute

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Can the Major Indices Avoid Rangebound Trading?

by Mish Schneider

After a roller coaster start to a new year with major indices having a choppy Monday morning, each has closed positive showing traders optimism for the beginning of 2022... Read More