Economic Modern Family-Buy This Dip?

Mish Schneider | December 15, 2024

From my last Daily: 

“But, unless the market continues to broaden, we can almost take the Mag 7 stocks outperforming as a lack of confidence…Unless small caps can deliver.” 

As we ended this week, clearly NASDAQ held up better than …


NASDAQ Rallies-But What About Market Broadening?

Mish Schneider | December 11, 2024

While the NASDAQ 100 made new all-time highs today climbing over 20,000, all the Mag 7 talking heads cheered! 

And as they should. After all, it’s been all about growth stocks for years and every dip has been a buy. …


Turnaround Tuesday: 3-D Printing, Finally

Mish Schneider | December 10, 2024

An Israeli company, Stratasys Ltd., saw shares climb after the company raised its earnings outlook for the year and unexpectedly turned an adjusted profit in the third quarter. 

I have waited for a very long time for companies who pioneer …


Technical Monday: Big Brother Biotechnology

Mish Schneider | December 9, 2024

One of the big themes we see emerging into 2025 is an expansion in Biotechnology. 

XBI is certainly a good ETF to look at. 

However, we have used the ETF IBB, our Big Brother in the Economic Modern Family, as …


Long Bonds TLT: Agony and Ecstasy

Mish Schneider | December 4, 2024

Today, the Chairman of the Federal Reserve, Jerome Powell spoke.

Some highlights

  • U.S. BUDGET IS ON AN UNSUSTAINABLE PATH; REVENUE AND SPENDING NEED TO BE BETTER ALIGNED
  • CENTRAL BANK CANNOT TAKE DEBT AND DEFICITS INTO ACCOUNT IN SETTING RATES; NEEDS

  • Turnaround Tuesday: A Look at Emerging Markets

    Mish Schneider | December 3, 2024

    The DAX is a stock market index consisting of the 40 major German blue-chip companies trading on the Frankfurt Stock Exchange.  

    Here are the top five weighted sectors: 

    Sector Weightings 

    Industrials 24.51% 

    Financial Services 20.33% 

    Technology 18.47% 

    Consumer Cyclical 10.27% …


    Technical Monday: Novo-Nordisk, A Love Story

    Mish Schneider | December 2, 2024

    Novo Nordisk, the company behind Ozempic and Wegovy, is now Europe's largest company as global demand for its drugs have soared.  

    However, the Danish pharmaceutical began because of more personal reasons. 

    In the early 1920s, Nobel laureate August Krogh and …


    The Economic Modern Family Talks Turkey

    Mish Schneider | November 27, 2024

    While this is the last Daily of this week, I want to start with a quick rundown of the Economic Modern Family. 

    As Friday is a ½ day and Black Friday, we can only guess that based on a strong …


    Turnaround Tuesday: Rivian

    Mish Schneider | November 26, 2024

    I have a few central themes for 2025. 

    One is the ‘vanity’ trade based on the diet drugs. News today was that Biden administration is looking to expand coverage for the drugs through Medicare. 

    That could be reversed by Trump …


    Technical Monday: A Fresh Look at the “Vanity” Trade

    Mish Schneider | November 25, 2024

    With such a great start to the holiday week, we could not help but gloat a little about the stocks I have mentioned related to the diet drugs, or what I call the “vanity” trade.

    IPAR (perfumes), ELF (cosmetics) ULTA …