Mish's Market MinuteApril 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 MinuteApril 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 MinuteApril 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 MinuteApril 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 MinuteApril 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 MinuteApril 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 MinuteApril 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 MinuteApril 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 MinuteApril 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 MinuteApril 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