Mish's Market MinuteJune 16, 2020 at 05:07 PM
Jerome Powell's talking points today: "Millions" of people will not return to work for some time because of the aftershocks to businesses from the health scare. Fed has not committed to the hotly debated concept of yield curve control to lower interest rates further...Read More
Mish's Market MinuteJune 15, 2020 at 05:47 PM
After the Fed announcement that they will be buying corporate bonds, the market took off. As mentioned in the weekend daily, we must go back to the stick in the mud, i.e. the NASDAQ 100 and its island top. Until the price trades up to 244...Read More
Mish's Market MinuteJune 12, 2020 at 06:10 PM
After last Thursday's nearly 1900-point decline, I recorded a video for StockChartsTV (at the bottom of the page). Then, on Friday, we saw four distinct trading patterns emerge. First, many instruments had inside days or traded within the range of Thursday's trading range...Read More
Mish's Market MinuteJune 10, 2020 at 05:03 PM
Gold shot up, Bonds (TLT) rallied, oil flew and the economic Modern Family showed its reliability once again...Read More
Mish's Market MinuteJune 08, 2020 at 05:03 PM
Are you wondering how bonds, gold, volatility, the S&P 500 and NASDAQ can all run up on the same day? Plus, Beyond Meat, Amazon, cannabis, Tesla and Oil and Gas Exploration partied like they boarded SpaceX! Well, think of it this way...Read More
Mish's Market MinuteJune 05, 2020 at 06:14 PM
I love this photo. If you see it right side up, it looks like a piece of deadwood coming out of the tree trunk. Upside down, it looks like the head of a bird. (Okay, maybe a somewhat prehistoric bird, but a bird nonetheless...Read More
Mish's Market MinuteJune 04, 2020 at 05:29 PM
In my last blog, we looked at the volatility index. Ahead of a weekend where more protests both peaceful and violent could happen, VIX could help us see how much fear might come back into the market...Read More
Mish's Market MinuteJune 03, 2020 at 05:06 PM
If you did not get a chance to read my blog on the 1960s from June 2nd, please consider doing so. Just when the market is hitting euphoric conditions, any expansion of the protests, violence or the number of COVID-19 cases could unravel the market quickly...Read More
Mish's Market MinuteJune 01, 2020 at 05:03 PM
Now that "sell in May" did not work out so well for the bears, what will June hold for both the bulls and the bears? Since the price lows that were established in late March, it's been easy pickings for so many areas of the market...Read More
Mish's Market MinuteMay 29, 2020 at 07:07 PM
Pre-pandemic, once the Trump administration took office, we saw a new pattern emerge. Before the world went on lockdown, the market moved up and down (with some autonomously strong exceptions in tech), based on headlines from the President himself...Read More