Michele Schneider’s Podcast on Macro to Micro in Financial Markets

This past week, we have written a lot about tech (another AI generated photo), the discordance between the small caps and large caps, rates, debt ceiling and the Fed.

For this weekend, we want to invite you to have a listen to the live coaching Mish does exclusively for our MarketGauge members.

CLICK HERE to listen to the podcast.

In this recording Mish covers:

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Stock Market ETFs Trading Analysis & Summary:

S&P 500 (SPY) 23-month MA 420 Support 410 held

Russell 2000 (IWM) 170 support – 180 resistance

Dow (DIA) Right down to its 200-DMAand a confirmed caution phase

Nasdaq (QQQ) Worst case-a potential reversal top on weekly chart-best case-gets thru the weekly highs

Regional banks (KRE) Did the initial damage now sidelining

Semiconductors (SMH) No doubt-she is showing expansion 

Transportation (IYT) Like to see this hold 220 this week

Biotechnology (IBB) 121-135 range 

Retail (XRT) 56.00 the 80-month MA while momentum is at least flatlining

Twitter: @marketminute

The author may have a position in mentioned securities at the time of publication. Any opinions expressed herein are solely those of the author and do not represent the views or opinions of any other person or entity.