Evening Watch List for July 7th, 2011

Mish Schneider | July 6, 2011

This week's action is more of a sideways correction since the market is holding up remarkably well. SPY had a bullish engulfing pattern today on light volume. It has worked off some of its overbought condition, although not by very…

The Opening Range Reversals and Time Confirms on Stops

Mish Schneider |

Confidence to buy dips on strong stocks with positive pivots


Evening Watch List for July 6th, 2011

Mish Schneider | July 5, 2011

A DOJI day in SPY with light volume. Now, 133.78 where the open and close is becomes pivotal. It also had an inside day which means above 134.10 see no reason why the move should not resume to the upside …


Bullish Phase with Mixed Sectors

Mish Schneider |

Some sectors may correct, others just digest


Evening Watch List for July 5th, 2011

Mish Schneider | July 4, 2011

At the risk of stating the obvious, last week was highly unusual. Looking deeper, what can we assess from a market that went from threatening to break the 200 day moving averages at the beginning of the week to ending …


Managing Your Positions Ahead of the Long Weekend

Mish Schneider | June 30, 2011

How to lock in, raise stops and decide on mini, swing or combo of both


Focus List 6/30 - QQQ & IWM have recovered 50% of the correction

Geoff Bysshe |

Seems hard to believe, but it's true, the Q's and IWM are at a the 50% line from the highs to the lows at the 200-day MA. Aside from this being a good point to expect the market to take …


Evening Watch List for June 30th, 2011

Mish Schneider | June 29, 2011

One thing I'm happy to be wrong about is the decreasing volume as we get closer to the holiday weekend. SPY closed up .9% with an accumulation day in volume. The other big news is that the slope on the…

Focus List 6/29 - Two strong days & now a big gap highert

Geoff Bysshe |

Markets are gapping higher and well over the daily consolidation. This comes after two very strong days and all of which has been fueled in a large part by the expectation that Greece would pass an austerity plan. As of …


The Classic OR Reversal Day

Mish Schneider |

On strong stocks and up days, this is a high percentage trade