Mish's Market Minute March 30, 2022 at 06:23 PM
Recently, we talked about the volatility fund standing its ground in price. While the market has been trending higher, the short-term volatility fund S&P 500 VIX (VXX) was able to stay mostly over its 200-day moving average near 24... Read More
Mish's Market Minute March 29, 2022 at 05:38 PM
On Tuesday, many commodity ETFs gapped lower while the major indices gapped up. Additionally, the Russell 2000 (IWM) finally cleared its pivotal price level at $209... Read More
Mish's Market Minute March 28, 2022 at 05:28 PM
The S&P 500 (SPY) and the Nasdaq 100 (QQQ) continue to trek upwards, along with the Dow Jones (DIA). While the DIA and QQQ still need to clear their 200-DMA, the 4th major index is flashing a warning sign... Read More
Mish's Market Minute March 25, 2022 at 06:47 PM
Although we've had a choppy week in the market, key areas held in the major indices, showing upside potential for Monday... Read More
Mish's Market Minute March 23, 2022 at 06:12 PM
Though it's easy to forget about meme stocks, as they've been out of focus for a while, the big two have made a comeback over their 50-day moving average... Read More
Mish's Market Minute March 22, 2022 at 06:29 PM
We have and continue to use Mish's Economic Modern Family to successfully navigate through the pandemic and now, in 2022, we use its insights to guide us through a year that has three main overhead pressures: geopolitical stress from the current Russian/Ukraine war, inflation and... Read More
Mish's Market Minute March 21, 2022 at 05:10 PM
As Forrest typically writes the Daily commentary, and quite well I might add, today please consider me a guest host to my own blog. As such, I want to wrote about a setup that is not quite ready, but one that should be kept on your radar... Read More
Mish's Market Minute March 18, 2022 at 06:29 PM
After the quarter-percent rate increase, the market continues to rally off recent lows. Now, all the major indices besides the Nasdaq 100 (QQQ) have cleared resistance from their 50-day moving average as seen in the above chart... Read More
Mish's Market Minute March 16, 2022 at 05:10 PM
On Wednesday, the market rallied into the Fed's rate announcement, showing speculator's optimism given the current downward trend. It also helped that, on Monday, the Nasdaq 100 (QQQ) held key support at $318, sparking a rally on Tuesday. Now, with a rate increase of 0... Read More
Mish's Market Minute March 14, 2022 at 06:59 PM
The overall trend in the major indices is downward. Though we've had small rallies, our last jump in price was minor and right into resistance. Specifically looking at the QQQs, we have reached a key support level in which many traders are watching for a price break... Read More
Mish's Market Minute March 11, 2022 at 06:29 PM
Major indices end on a weak note, with the Russell 2000 (IWM) and the Nasdaq 100 (QQQ) closing down 1.5%. With that said, gold (GLD) and silver (SLV), while down half a percent, are holding a strong uptrend over their 10-day moving average... Read More
Mish's Market Minute March 09, 2022 at 06:32 PM
Oil is making a reversal pattern and rejecting its 80-month moving average; however, will the overall trend stay intact, or has Wednesday signified an end to the crazy oil rally? Looking at the above chart of the United States Oil Fund (USO), we can see a large amount of volume o... Read More
Mish's Market Minute March 08, 2022 at 06:33 PM
After oil surges in volume from the U.S import ban on Russian oil, the Oil ETF (USO) closed roughly unchanged from its opening price... Read More
Mish's Market Minute March 07, 2022 at 06:58 PM
The U.S stock market continues to display pressure from the Russian—Ukraine war. Additionally, High Yield Corporate Debt (JNK) broke support from its recent lows at $101.99... Read More
Mish's Market Minute March 04, 2022 at 05:56 PM
The past couple of weeks have given us a new range to watch in the stock market. A positive jobs report has been seemingly muted by indecision within the major indices... Read More
Mish's Market Minute March 02, 2022 at 07:05 PM
Geopolitical stress from the Russia/Ukraine situation piles onto the market and the Fed, which is now faced not only with worries of the U.S inflation numbers, but also extra price surges in energy... Read More
Mish's Market Minute March 01, 2022 at 06:17 PM
Last week, the major indices made a successful rally back into a short-term support area. However, many see the price move as a rally back into a volatile resistance zone, leading people to believe we could again see the market break lower... Read More
Mish's Market Minute February 28, 2022 at 07:22 PM
The Regional Banking ETF (KRE) has made two consecutive closes over its 50-day moving average, confirming a bullish phase change. KRE is also the only ETF in Mish's Economic Modern Family that is holding a bullish phase on a daily chart... Read More