Mish's Market MinuteAugust 16, 2020 at 05:10 PM
As the S&P 500 struggles to rise a fraction of a percentage point to be able to achieve the status of reclaiming its February all-time high level... Imagine you could go back to February 19th, 2020...Read More
Mish's Market MinuteAugust 13, 2020 at 08:12 PM
While the media is obsessively focused on cheering for the S&P 500 to close at a new all-time high, the bond market is quietly collapsing. TLT broke its 50-DMA today and has now had its second worst 5-day slide since the March 2020 meltdown...Read More
Mish's Market MinuteAugust 12, 2020 at 07:31 PM
Today's chart is one that every investor should keep an eye on (but most will not), as that double bottom base breakout pattern is in a market that has been declining for almost a decade! However, there's good reason to believe it could wake up like gold has in the last few years...Read More
Mish's Market MinuteAugust 11, 2020 at 07:41 PM
Will today's market tremors shake the QQQ out of its solidly bullish 4-month channel? On April 14th, the QQQ broke above its 50 DMA (blue line) and began the trend that you see above. A steady trend line with 6 points is an impressive feat...Read More
Mish's Market MinuteAugust 06, 2020 at 06:43 PM
As Keith and I are heading on a vacation (with social distancing) starting Monday for 3 weeks, this is the last Daily that I will write until September 1st. Yet, not to worry, Geoff Bysshe will be taking over both my subscription service and the writing of the Daily blog...Read More
Mish's Market MinuteAugust 05, 2020 at 04:59 PM
With the Russell 2000 breaking out over the 50 and 200-week moving averages, the market looks like blue skies, right? Retail (XRT) ran to just over $50.00. Sister Semiconductors (SMH) rocked to another new all-time high...Read More
Mish's Market MinuteAugust 04, 2020 at 05:37 PM
With the Russell 2000 breaking out over the 50- and 200-week moving averages, we should see nothing but blue skies, right? Maybe. We have lots of positives based on hope, of course. Retail (XRT), as featured a while back, is doing well...Read More
Mish's Market MinuteAugust 03, 2020 at 11:14 PM
A few cautious flags were thrown up today in spite of the new all-time highs in NASDAQ. The volume was light. After Friday's spike in volume, Monday QQQs saw below-average daily volume...Read More
Mish's Market MinuteAugust 01, 2020 at 02:14 PM
Last week, Max Wiethe from Real Vision and I sat down for about an hour to discuss a myriad of timely and relevant market topics. (See the link at the end of the commentary). So much happened in this past week. The short list: Blow-out Earnings of Apple (AAPL), Alphabet Inc...Read More
Mish's Market MinuteJuly 29, 2020 at 04:39 PM
MarketGauge has some pretty cool proprietary software. One indicator is Triple Play, which measures the ratio between a particular instrument and a benchmark. Triple Play reveals the true trend strength of a market based on "price leadership" and "volume power...Read More