Mish's Market Minute November 30, 2023 at 06:23 PM
Despite the total cuts by all countries added at the November 30th OPEC+ meeting, oil sold off, testing key support. Countries like Angola have threatened not to stick to the new quota, promising to produce above target. Meanwhile, Brazil confirmed it will join OPEC+... Read More
Mish's Market Minute November 28, 2023 at 06:27 PM
On Monday, after the close, some warning signs from our risk gauges popped up. These are especially interesting given the number of bulls and the amount of money coming into the market... Read More
Mish's Market Minute November 27, 2023 at 07:25 PM
Over the weekend, I covered small caps, retail, semiconductors and transportation. The conclusion was that "If you put these four charts all together, we get a reunion that is filled with the makings of a family breakdown... Read More
Mish's Market Minute November 24, 2023 at 09:00 AM
In the 1995 film, Home for the Holidays, family reunions are explored using both drama and comedy. The film illustrates how we outsiders looking in never really know the love and the madness that goes on inside any one family's home during Thanksgiving... Read More
Mish's Market Minute November 20, 2023 at 07:58 PM
On Monday the 20th, I gave 2 interviews. The first is the clip below is from Yahoo Finance where we focus on oil and agricultural commodities. The second interview is the Daily Briefing with Maggie Lake on Real Vision... Read More
Mish's Market Minute November 17, 2023 at 07:04 PM
Since we came back from vacation, I've written 3 Dailys. The first of these was on the Economic Modern Family and how it opened its loving arms to the bulls. I was particularly keen on small caps or the Russell 2000 (IWM)... Read More
Mish's Market Minute November 16, 2023 at 07:24 PM
A weaker labor market, manufacturing production slowing, new home prices falling and crude oil inventories rising more than expected are all to blame for the big drop in oil prices. US also eased sanctions on Venezuelan oil... Read More
Mish's Market Minute November 15, 2023 at 07:58 PM
Brazil planted a record soybean crop only to see unusually dry and hot weather create concerns for the harvest. Furthermore, Argentina had an extreme shortfall of soybean meal crops. Meanwhile, the USDA numbers were bearish for corn and soybeans, as U.S... Read More
Mish's Market Minute November 14, 2023 at 07:00 PM
The Economic Modern Family has opened its loving arms to the bulls and to us after our 2 weeks away. Beginning with Granddad Russell 2000 (IWM), Monday began with a gap up over the 50-DMA (blue). We will watch for a phase change confirmation... Read More