Evening Watch for Jan. 17th 2012

Mish Schneider | January 16, 2012

Standard and Poor's gave everyone something to write about over the weekend with their EU Downgrades wreaking some havoc on Friday in the market. And once a market creeps up on low volume, there is never any great surprise when …


Evening Watch for Jan. 13th 2012

Mish Schneider | January 12, 2012

I'm not sure what's harder-trying to come up with something new and clever to write every night, or staying awake long enough to write anything!

S &P 500 (SPY) Had an accumulation day in volume (amazing, huh?). Some people see …


A Macro View with RSIs

Mish Schneider |

How gaps, relative strength, moving averages and pivots all work together


Evening Watch for Jan. 12th 2012

Mish Schneider | January 11, 2012

S&P 500 (SPY) and Russells 2000 (IWM) now have 2 days confirmed on a breakaway gap over the 200 DMA. Major issue for many investors is the lack of volume which is causing anxiety as many are waiting for the …


Narrow Range Days

Mish Schneider |

Why NR is significant along with our other layers


Evening Watch for Jan. 11th 2012

Mish Schneider | January 10, 2012

The narrowest range day in the Russells 2000 (IWM) in 194 days. Plus, it closed on the 200 DMA with light volume and an RSI- approaching but not quite, overbought. Now in an unconfirmed Accumulation day and first close over …


When Shorts Reverse

Mish Schneider |

Oversold RSIs, Volume, Chart Patterns and Pivots all Help Determine


Evening Watch for Jan. 10th 2012

Mish Schneider | January 9, 2012

Earnings Season has begun with the best post market performer at time of writing Cirrus Logic (CRUS) a semiconductor. And speaking of Semiconductors (SMH) that ETF although still lacking in pizzazz, did manage to close above last week's high with …


Finding Targets

Mish Schneider |

Using Historical Pricing and Weekly Bollinger Bands with RSI Thrown in


Evening Watch for Jan. 9th 2012

Mish Schneider | January 8, 2012

Three days of digestion last week near the top of the recent trading range, which is potentially really exciting considering that the internals in conjunction with the pause show no particular fear in the market or a long term overbought …