Mish's Market Minute October 28, 2022 at 10:18 PM
GDP data painted a somewhat roseate picture for the US economy this week. Yet inflation is still rising. The PCE price index climbed by 0.3% in a month and was up 6.2% from the prior year. Still very far from the Fed's 2% inflation target... Read More
Mish's Market Minute October 26, 2022 at 09:48 PM
This week, it is crucial for traders to maintain the overall macro firmly in their vision. We are keeping an eye on the indices, currency movements, the PCE print, and the GDP statistics... Read More
Mish's Market Minute October 24, 2022 at 05:51 PM
This week is a big week for earnings. Furthermore, PCE and GDP prints will also be closely watched. This week will be important in determining the tone leading to the Fed meeting next week and the midterm elections on November 8... Read More
Mish's Market Minute October 21, 2022 at 07:47 PM
According to recent PPI and CPI prints, inflation has plateaued. Some analysts will argue that inflation has hit its zenith. However, what if one of the next catalysts to even higher inflation is spurred by the potential and recent peak in the U.S... Read More
Mish's Market Minute October 19, 2022 at 07:39 PM
The Grandaddy Russell 2000 rallied close to its 200-week moving average (topic of our previous article) yesterday. On Wednesday, with rising yields once again, Gramps retreated... Read More
Mish's Market Minute October 18, 2022 at 06:53 PM
The 200-week moving average (about 4 years), represented on the charts as a green line, is starting to look like one of the more important and pivotal chart points. There is very little written about the 200-WMA... Read More
Mish's Market Minute October 17, 2022 at 06:35 PM
The 200-week moving average or about 4-years, represented on the charts as a green line, is starting to look like one of the more important and pivotal chart points... Read More
Mish's Market Minute October 14, 2022 at 08:04 PM
It was a wild ride on Wall Street this week, with stocks swinging wildly in both directions before closing overall a little lower for the week... Read More
Mish's Market Minute October 12, 2022 at 06:55 PM
One of the most important first steps towards trading success is to tilt your trading towards trending sectors that display strength and avoid market weakness... Read More
Mish's Market Minute October 11, 2022 at 08:30 PM
With the potential of a full recession looming in the coming quarters, investors are looking for defensive plays, such as dividend-paying stocks and businesses more resilient in economic downturns. Looking at Tuesday's market close, XRT, a.k.a. Granny Retail, was up 1... Read More
Mish's Market Minute October 10, 2022 at 08:06 PM
The S&P 500, represented by the SPY, has generally stayed above the 200-week moving average long-term. It is a good line in the sand to use as a guide for potential market crashes... Read More
Mish's Market Minute October 08, 2022 at 01:05 PM
Wall Street sold off dramatically on Friday after the jobs report. While the economy is stagnating, many investors are concerned that the Fed will raise rates too quickly, pushing the U.S. economy into a deep recession... Read More
Mish's Market Minute October 05, 2022 at 08:53 PM
As predicted, and as we wrote about yesterday, oil prices continued to climb in anticipation of an OPEC+ production cut. Reports confirmed today that OPEC+ will cut production by 2 million barrels a day... Read More
Mish's Market Minute October 04, 2022 at 10:05 PM
It's no secret that gas prices significantly impact the economy, discretionary spending and stock market prices... Read More
Mish's Market Minute October 03, 2022 at 06:59 PM
We currently have high inflation, a rising US dollar, and massive global interest rate hikes that have hammered stocks. Investors have lost approximately $24 trillion in value destruction for 2022 already... Read More