Mish launches Outlook 2024 – from macro to micro | Mish’s Market Hours

For 2023, we used the theme “You can’t hunt with the hounds and run with the hares.” Those who stayed back with their hounds to look for a sure hit not only fell behind, but also missed the rabbits doing their best to move to higher ground.

Next year brings a new theme as we transition into 2024 and the Year of the Dragon. “If you can’t stand the heat, don’t tickle your dragon.”

What does that mean? The market may be hot, but many situations can arise that can tickle the dragon, and not necessarily in a fun way. After all, we know that dragons love to breathe fire.

How should we prepare for next year? Naturally, as traders we are not married to any thesis. We look at the price.

Click this link to receive your free copy of our market outlook!

This is for educational purposes only. Trading involves risk.

If you are having trouble implementing the MarketGauge strategy or would like to see how we can help you do it, please email Ben Scheibe. Benny@MGAMLC.com, Head of Institutional Sales. Cell phone: 612-518-2482.

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Mish appears on Business First AM on November 29th to make the case for Vaxcyte (PCVX) and makes the bullish case for gold.

Mish joins Nicole Petallides on the Schwab Network to talk about money supply, debt, consumers, inflation, and trends that could drive 2024.

Tuesday, November 28th on StockCharts TV Your Daily 5Mish offers six stock recommendations with specific, actionable plans.

Mish explains how Palo Alto’s technical setup and MarketGauge’s quantitative models found this winner in Business First AM.

Mish and Maggie Lake cover inflation, technology, commodities and stock picks in an interview with Real Vision.

Coming soon:

December 21st: A space with Mario Naupal

December 22nd: Yahoo! Jae Won

December 28: singapore morning radio

January 2nd: Last Bar with David KellerStock Chart TV

January 5: Daily briefing, Real Vision

weekly: Business-first AM, CMC market

• S&P 500 (Spy): 480 all-time high, 465 base support.
• Russell 2000 (IWM): 200 central and 194 support.
• Dow (HE): You should get 370.
• NASDAQ (QQQ): Resistance at 410 with support at 395.
• Local Bank (KRE): Support is 47 and resistance is 55.
• Semiconductor (SMH): There are 174 pivotal applications underway this month.
• Transportation (IYT): You must have 250.
• Biotechnology (IBB): 130 Pivotal support.
• Sleeve (XRT): There is now a huge gap in the last two days of the week that needs to be maintained.

Misch Schneider

MarketGauge.com

Director of Trading Research and Education