Mish's Market Minute May 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
Mish's Market Minute May 27, 2020 at 05:36 PM
By the time you read this, NASA will have canceled its scheduled launch to send the first humans in space in nearly a decade. Regardless, SpaceX's Crew Dragon Capsule, with Bob Benhken and Doug Hurley (astronauts) aboard, represents a great era for the USA... Read More
Mish's Market Minute May 26, 2020 at 07:03 PM
I knew that this picture would become one for the history textbooks! A while back, we pondered whether the worst of the oil market debacle was over. Currently, that depends on a lot of "ifs": If OPEC adheres to its 9.7 million barrels a day. If Russia sticks to its 8... Read More
Mish's Market Minute May 22, 2020 at 04:38 PM
I have spent most of the time in 2020 analyzing, writing and speaking about the US markets and commodities. Therefore, I thought it time to explore the International ETF Country Funds. I have vetted them for you... Read More
Mish's Market Minute May 20, 2020 at 06:08 PM
Tuesday night, we reminisced that, on February 5th, I wrote in a blog, "Although the last couple of days brought back euphoria into the market, with volatility hanging tough, one should be prepared for anything." That sentiment remains true right now... Read More
Mish's Market Minute May 19, 2020 at 06:30 PM
A warning does not necessarily have to become a full-blown sign to head for the exits. But it is, nevertheless, a warning. The last time I saw a warning from VXX or the Volatility ETF, was in February... Read More
Mish's Market Minute May 15, 2020 at 08:21 PM
Stanley Druckenmiller recently came out and said that the market has never been this disconnected from reality - and that the risk/reward has never been this bad... Read More
Mish's Market Minute May 13, 2020 at 05:17 PM
Last night, I wrote about the compression in the weekly gold chart. Today, gold closed green, but did not take out 162 (GLD) or the top of last week's trading range high. This is super exciting to watch unfold... Read More
Mish's Market Minute May 12, 2020 at 06:57 PM
Compression is defined as the decrease in volume of any object or substance resulting from applied stress. Compression may be undergone by solids, liquids, and gases and by living systems. And, apparently, by gold. What is the applied stress in gold? First off, too many bears... Read More
Mish's Market Minute May 11, 2020 at 06:17 PM
A week ago, I wrote a blog article titled "The Beauty of the Biotechnology ETF Channel." I began by writing, "If there is one area to watch should the market have another run up, it is Biotechnology (IBB). "The channel lines that are perfectly parallel, going back to 2015... Read More
Mish's Market Minute May 08, 2020 at 06:26 PM
Maybe I just love a contrarian view. My Dollar theory differs from so many analysts. First, I know that the traditional relationship between the Dollar, commodities and the stock market holds for a while, then completely shifts according to each economic cycle... Read More
Mish's Market Minute May 06, 2020 at 05:22 PM
To follow up on the daily article featuring the weekly channel in Biotechnology (IBB): Since this is a weekly chart, what matters most is the weekly close... Read More
Mish's Market Minute May 05, 2020 at 07:30 PM
If there is one area to watch should the market have another run up, it is Biotechnology (IBB). The channel lines that are perfectly parallel, going back to 2015. Since this is a weekly chart, what matters most is the weekly close... Read More
Mish's Market Minute May 04, 2020 at 06:53 PM
In the transportation sector, which is weakening partly because of Buffett's weekend comments, there is one area that is doing a lot better. Want to fly coast to coast? Not so much. Want to go to outer space? Sign me up! Virgin Galactic (SPCE) reports May 5th... Read More
Mish's Market Minute May 01, 2020 at 06:29 PM
In my April 31st presentation on StockCharts (which aired earlier today on StockCharts TV), I begin by walking you through the Economic Modern Family (Russell 2000, Retail, Biotechnology, Regional Banks, Transportation, Semiconductors) using nothing but pure price... Read More