Evening Watch for Jan. 19th 2012

Mish Schneider | January 18, 2012

Did the market hear me or was it just obvious that the doldrums would come to an end and move in the direction of the phase with just a little more patience? Thank you market for giving us volume, follow …


The Swing Trade

Mish Schneider |

Reading the Macro Picture on the Eve Watch has kept Swing traders on the right side
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Evening Watch for Jan. 18th 2012

Mish Schneider | January 17, 2012

I don't know about you all, but for me, these types of days are really hard to deal with. I like to be "active", see volume, get follow through and after gaps, trade what we call Opening Range Reversals. But, …


The Gap Higher

Mish Schneider |

When to buy the reversal, the 5 or 30 minute OR or just pass
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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
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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
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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 …