Evening Watch List for December 18th

Mish Schneider | December 17, 2013

Identical Twins Marjorie Gilbert and Winifred Witt from South Wales, both celebrate their 100th birthday today. They have been inseparable all their lives even while they were married and still to this day, live together.

Who else celebrates its 100th …


Evening Watch List for December 17th

Mish Schneider | December 16, 2013

Let’s just say that when the closing bell rang, it seemed more like the patient going flat line after being in a coma for most of the day. A good coma, true and somewhat unexpected after last week’s action. However, …


Evening Watch List for December 16th

Mish Schneider | December 15, 2013

The week seemingly seals a few deals. First, the market is tired. I imagine, traders are tired too.

Although all indices remain in bullish phases, the weekly prices ended either near the lows- i.e. Russell 2000s, the Dow, and S&P …


Evening Watch List for December 13th

Mish Schneider | December 12, 2013

MMMP: Up 16.6% since Sept. 1st.
SPY: Up 10.5% since Sept 1st.
DIA: Up 8.1% since Sept 1st.

Now really, would you bother to try to pick bottoms or go short as we end 2013 with a great 4 month …


Evening Watch List for December 12th

Mish Schneider | December 11, 2013

All I want for Christmas is my rally back! Instead, the volume indicator I waited for showed itself with a vengeance, posting a significant distribution day in volume in all indices. We saw and noted the reversal candles in the …


Evening Watch List for December 11th

Mish Schneider | December 10, 2013

Flat has several meanings. 1. Smooth and even, without marked lumps or indentations. I wonder how many can say that about their equity after Tuesday’s session? 2. Lacking interest or emotion; dull and lifeless. That’s a yes! 3. In or …


Evening Watch List for December 10th

Mish Schneider | December 9, 2013

Red and green are not only the colors of the season, but also those of my radar screen. Not much in the way of volume either, which means the first day of the second week, of the last month of …


Evening Watch List for December 9th

Mish Schneider | December 8, 2013

We ended Thanksgiving week thinking that volume would be the main indication for when this market could see a significant enough top to make that claim, as opposed to the orderly and healthy correction that the first week in December …


Evening Watch List for December 6th

Mish Schneider | December 5, 2013

All the four indices had inside day trading ranges (when the range is literally inside the trading range of the day prior). What does this mean? Pause in the action-breath held before the jobs report-you do realize every jobs report …


Evening Watch List for December 5th

Mish Schneider | December 4, 2013

Let’s begin with NASDAQ as I voted for that index as the one most likely to succeed if cleared Tuesday’s high. Not a random vote; rather, one based on its price placement on the daily chart coming into Wednesday’s session. …