Mish's Market Minute January 31, 2024 at 06:59 PM
Although Microsoft and Alphabet, Inc. reported better-than-expected earnings after hours, and then with follow-up during the trading session, sellers came out to lock in gains or perhaps go short. After all, tech has done much of the market's heavy lifting to date... Read More
Mish's Market Minute January 30, 2024 at 04:47 PM
For today, I am reprinting an interview I did for Kitco News with Neils Christensen, written by Neils... Read More
Mish's Market Minute January 29, 2024 at 05:54 PM
Alibaba.com is one of the world's largest wholesale marketplaces. To be honest, I had never gone to their website until today, even though we bought shares in BABA 2 weeks ago. So, in case you are like me and have not checked them out, they sell a lot of consumer items in bulk... Read More
Mish's Market Minute January 26, 2024 at 05:40 PM
On Friday, the market woke up to great news. Mission accomplished on inflation. Yahoo Finance reported: "The Fed's preferred inflation measure — a 'core' Personal Consumption Expenditures index that excludes volatile food and energy prices — clocked in at 2... Read More
Mish's Market Minute January 24, 2024 at 05:45 PM
As a follow-up to a daily I wrote earlier in January called "Super Cycles Do Not Just Fade Away", yesterday's January 23rd daily was all about one of the three indicators that can get us prepared for more inflation. On January 5th, sugar was still trading under 22 cents... Read More
Mish's Market Minute January 23, 2024 at 03:52 PM
The biggest mover so far in one month's time is sugar futures, up over 16%... Read More
Mish's Market Minute January 22, 2024 at 07:09 PM
Over the weekend, I covered the daily charts on the Economic Modern Family, featuring the Russell 2000 (IWM) and Retail (XRT). Both are lagging the benchmark and in the middle of their January trend calendar ranges... Read More
Mish's Market Minute January 19, 2024 at 06:12 PM
Let's get right to it. The charts and our tools are telling. To start, I always look at moving averages and phases. Then I look at Real Motion and momentum to see if there is a divergence to price... Read More
Mish's Market Minute January 18, 2024 at 12:24 AM
We are super excited to announce that today starts the official January 6-month calendar range! As you can see in the chart for Apple, the small red and green horizontal lines have appeared on one of our favorite platforms at StockCharts.com... Read More
Mish's Market Minute January 16, 2024 at 04:40 PM
After a long weekend, the market action on January 16th held some surprises. The Bullish Trends, or gainers, were the dollar and -- here is the surprise for some -- many different commodities... Read More
Mish's Market Minute January 12, 2024 at 06:44 PM
With the news on geopolitical escalation, soft versus hard landing, disinflation versus reinflation, growth versus value, and credit default versus available disposable income, gold and silver are even more interesting now... Read More
Mish's Market Minute January 11, 2024 at 06:04 PM
I began the week focused on bank earnings, which we will wake up to tomorrow. In that Daily, I wrote, "one can assume that bank stocks, which already started off the year extremely well, have potential to shine. "However, we know that assumptions can be tricky... Read More
Mish's Market Minute January 10, 2024 at 06:00 PM
Looking at the Economic Modern Family (weekly charts), all of them, to date, peaked in December. The Russell 2000, Regional Banks, Transportation and Retail, as far as index and sectors go, backed off the most from their peaks... Read More
Mish's Market Minute January 09, 2024 at 06:51 PM
As a main aluminum producer, Alcoa (AA) announced cost-cutting measures, along with plans to curtail production at one Western Australian Refinery. But that is just one facility, and the company plans to continue to operate its port facilities located alongside the refinery... Read More
Mish's Market Minute January 08, 2024 at 06:12 PM
Starting with the Jeffries Group on January 9th, by Friday, we will see Bank of America (BAC), JP Morgan (JPM), Wells Fargo (WFC), and Citigroup (C), as well as a few other banks, all report earnings... Read More
Mish's Market Minute January 05, 2024 at 05:36 PM
On inflation I like this quote- "Goods deflation likely transitory as downward pressure on goods demand and input costs are fading. 1H24 global core inflation likely to settle near 3%, which won't resolve the immaculate disinflation debate... Read More
Mish's Market Minute January 03, 2024 at 07:37 PM
"January provides us with a wealth of information that gets our year off to a good start, financially and emotionally... Read More
Mish's Market Minute January 02, 2024 at 06:49 PM
Over the holiday, I thought a lot about predictions and how they are formed. The dictionary meaning of prediction is a statement about a future event or data... Read More