Mish's Market Minute April 28, 2023 at 06:03 PM
Below is just one of several headlines about stagflation we have seen this week. From April 27, 2023, TheStreet.com: "Stagflation Risks In Focus As U.S... Read More
Mish's Market Minute April 27, 2023 at 06:53 PM
The PCE rises (although far from the 8% peak). The GDP falls (is contraction of the economy over?). Meanwhile, stagflation persists along with the trading ranges in indices and many sectors... Read More
Mish's Market Minute April 26, 2023 at 10:39 PM
Earnings season is often filled with big gaps, and it's easy to look at them as big opportunities to catch a big move quickly. However, it's also easy to get burned by entering trades right before the earnings announcement... Read More
Mish's Market Minute April 25, 2023 at 09:46 PM
Weak earnings and even worse conference calls drove United Parcel Service, Inc. (UPS) and First Republic Bank (FRC) down right from the open, then even lower as the day unfolded... Read More
Mish's Market Minute April 24, 2023 at 10:21 PM
There's a simple professional trader's tactic for anticipating intraday market reversals near the levels that later become the high or the low of the day. This tactic worked perfectly at calling today's high of the day in SPY (and the QQQ, IWM, and DIA)... Read More
Mish's Market Minute April 23, 2023 at 02:58 PM
Heads up, you wouldn't know it by looking at its daily chart, but the SMH is skating on some very thin ice... Read More
Mish's Market Minute April 20, 2023 at 06:18 PM
On Thursday morning, April 20th, I began the day with the crew at the Benzinga PreMarket Prep show. We (Joel and Mitch) covered a lot, but the focus remains this persistent, rangebound market. I've used many different moving averages consistently through the years... Read More
Mish's Market Minute April 19, 2023 at 07:33 PM
Regional Banks (KRE) made a comeback during the session. The price pierced the 44 resistance level and closed above the last 18 trading day's range. On March 6th, over a month ago, I wrote a Daily called "Retail and Regional Banks Will Call the Shots"... Read More
Mish's Market Minute April 18, 2023 at 04:39 PM
After recent price cuts and low expectations of only $0.85 per share or a 20% drop since a year ago, many eyes will watch Tesla (TSLA) after the close... Read More
Mish's Market Minute April 17, 2023 at 06:39 PM
Over the weekend, we covered the weekly charts of the Economic Modern Family. And... Given that yields begin this week higher. Given that earnings season kicks into gear with banks, the weakest sector so far, surviving... Read More
Mish's Market Minute April 14, 2023 at 07:56 PM
Admittedly, numbers are sexy. Think about how much focus all the economic stats that came out this past week got on all media. Each one was the defining one for the markets and economy, according to the talking heads. CPI and PPI softer? That's it, inflation is over... Read More
Mish's Market Minute April 13, 2023 at 06:17 PM
For today, please enjoy a video taking you through the ever important energy and chips sectors along with the 23-month moving averages in the 4 indices... Read More
Mish's Market Minute April 12, 2023 at 07:54 PM
The Complete Trader, which we have featured in previous Dailys, is one of my favorite go-tos for trading ideas. The columns help determine the trade setup. For example, an "Inside Day" that is also in a bullish stock phase... Read More
Mish's Market Minute April 11, 2023 at 06:12 PM
Junk bonds are high-risk, high-yield bonds issued by companies with lower credit ratings. These bonds are also known as speculative-grade bonds or high-yield bonds, as they offer a higher rate of return than investment-grade bonds, but come with a higher risk of default... Read More
Mish's Market Minute April 10, 2023 at 05:52 PM
The chart shows how many days have passed since any significant rain in the major crop growing regions in the U.S. Initial yield estimates for this year's U.S. winter wheat crop have been hammered by persistent drought. 12 Southwest Kansas counties dominate the area of drought... Read More
Mish's Market Minute April 07, 2023 at 06:28 PM
Pablo Picasso is known as the father of cubist painting. He and others used geometric shapes and patterns to represent a specific form. Cubism, in Picasso's mind, was created to emphasize the different ways of seeing the world around us... Read More
Mish's Market Minute April 05, 2023 at 05:40 PM
In the last few Daily blogs, we have covered a lot, from the silver to gold ratio, to long bonds, to the Euro vs. the dollar... Read More
Mish's Market Minute April 04, 2023 at 05:59 PM
Gosh, it's been a minute since we have looked at Utilities. With rising interest rates, in March 2023, utilities fell near the October 2022 lows. Currently, XLU is changing phases from Bearish to Recuperation... Read More
Mish's Market Minute April 03, 2023 at 04:47 PM
Since the first quarter ended with very few instruments above the 23-month, we thought we would start the 2nd quarter by examining where the 4 indices are. Over the weekend, the Market Outlook reminded us that "we would likely see a rangebound market, along with stagflation... Read More