Michele Schneider's Opinion & Analysis
A complete archive of Michele Schneider's articles, including current analysis & opinion.
The overall market indices and sectors did not turn down enough to warrant a declaration. And, we have the Fed meeting on tap.
Then I thought about it some more.
What have I been saying in the...
Before we talk sugar on our technical Monday, here is a reminder of the summary I wrote over the weekend concerning the Economic Modern Family.
Summary Update in BOLD
SPY and QQQ show no signs...
I always like to look at the Economic Modern Family through the weekly charts.
With the rally to end the week we are looking for signs that
The market bottomed or rallied to resistance
The...
Stagflation or speed bump to recession?
The macro matters and this current environment is uncertain at best.
Price continues to dictate the narrative-the analyst dip buyers of MAG7 are out there...
Everyone loves turnaround Tuesday.
But was this really the day to buy?
Taking one example, Nvidia (NASDAQ:NVDA), the darling of the MAG7, let’s examine every time I heard an analyst tell us the...
Coming into today, the Russell 2000 IWM (Gramps) was at a key life support level on the 200-week moving average. The 200 level is now under threat. SPDR® S&P Retail ETF (NYSE:XRT) was intubated...
Let’s get right to it.
First a quick comment on the weekly charts.
The Russell 2000 (IWM) (Gramps) is at a key life support level on the 200-week moving average.
Grandma Retail XRT is intubated...
Monday’s Daily talked about Biotechnology. I would continue to keep that on your list as today it made a move above price resistance.
Yesterday I wrote about Adobe (NASDAQ:ADBE) which made a good...
Could any more bad news hit the market?
Of course it can.
In the meantime, as an active investor, I have lots of cash to put into action.
Yet, after the warnings on the weakness in the...
Over the weekend I warned about the weakness in the Semiconductor sector (SMH).
I also wrote about Granny Retail XRT, and how important it is for that sector to stay alive.
Both SMH and XRT are not...