Mish's Market Minute April 29, 2022 at 06:41 PM
On Friday, the Nasdaq 100 (QQQ) closed -4.4% on the day. Not far behind came the S&P 500 (SPY) at -3.6%, along with the Russell 2000 (IWM) at -2.8%. This comes after each failed to hold support from previous lows dating back to mid-March... Read More
Mish's Market Minute April 27, 2022 at 06:04 PM
For the past 10 years, dip-buying weakness has worked out very well, as the market has only been under pressure for short periods... Read More
Mish's Market Minute April 26, 2022 at 05:48 PM
Mish's "Economic Modern Family" is made from 7 keys symbols that act as a guide for the stock market macro picture... Read More
Mish's Market Minute April 25, 2022 at 06:57 PM
On Monday, the small-cap index Russell 2000 (IWM) found support near the bottom of its range. After last week's selling, this could either be a temporary bounce or a fake-out before weakness again sets in... Read More
Mish's Market Minute April 22, 2022 at 07:20 PM
After both the Russell 2000 (IWM) and the Nasdaq 100 (QQQ) failed to hold or clear over the 50-day moving average (blue line), the bleeding has not stopped... Read More
Mish's Market Minute April 20, 2022 at 05:46 PM
On Wednesday, the stock market stuck with its choppy trend. After Tuesday's rally into resistance, we watched for either a reversal to the downside or a potential break to the upside as momentum had grown since last week... Read More
Mish's Market Minute April 19, 2022 at 06:27 PM
On Tuesday, the stock market rallied right into resistance from its major moving average; however, this time could be different... Read More
Mish's Market Minute April 18, 2022 at 07:05 PM
Earnings season is upon us and the banks have been kicking it off. However, the kickoff has been weak, as seen in the above chart of the regional banking ETF (KRE)... Read More
Mish's Market Minute April 13, 2022 at 07:55 PM
For the past two weeks, the market has been trending lower. With certain sectors sitting in oversold territory, we could be ready for a pop-up in price. However, this is a tricky spot, since a rally would be right into a resistance area... Read More
Mish's Market Minute April 12, 2022 at 05:49 PM
Last Friday, we bought the Invesco Agricultural Fund based on a breakout from a consolidation area. With inflation continuing higher, we see food prices joining for the ride... Read More
Mish's Market Minute April 11, 2022 at 06:43 PM
As of writing this article, Bitcoin is trading just under 40k. It has failed 3 key points and now people are getting scared... Read More
Mish's Market Minute April 08, 2022 at 07:39 PM
Recently, we have focused on the Russell 2000 (IWM) small-cap index. Since IWM shows a large variety of companies, it gives a great picture of where the overall market is trading and where it could go next... Read More
Mish's Market Minute April 06, 2022 at 05:59 PM
On Wednesday, the Russell 2000 (IWM) made a divergence in price and our momentum indicator Real Motion (RM)... Read More
Mish's Market Minute April 04, 2022 at 07:12 PM
Last Friday, the Regional Banking Sector ETF (KRE) closed underneath its 200-day moving average. This can be seen in the above chart, with the green line showing the 200-DMA... Read More
Mish's Market Minute April 01, 2022 at 07:13 PM
The past week was a chop fest in the major indices, with large intraday price swings. While the 3 major indices closed roughly flat on Friday, the Russell 2000 (IWM) made a late-day turnaround, ending up over 0.8% on the day... Read More