No Real Sellers To Be Found

Mish Schneider | August 21, 2014

Tonight’s daily was prepared by Geoff Bysshe, President, MarketGauge.

All Financials led the way today with BAC surging over 4% after confirming that has reached a final settlement with the Department of Justice. The excitement there seemed to spill over …


Running On Fumes

Mish Schneider |

All The FOMC minutes drove the markets from their highs for the day to their lows of the day, but that was just another opportunity for the bulls to buy the lows and sell the highs near the close. Despite …


Running On Fumes

Mish Schneider | August 20, 2014

All The FOMC minutes drove the markets from their highs for the day to their lows of the day, but that was just another opportunity for the bulls to buy the lows and sell the highs near the close. Despite …


This Market Is More Like a Kangaroo Than A Bull

Mish Schneider | August 19, 2014

All four indexes, QQQ, DIA, SPY, and IWM have now gapped higher the last 5 days in a row! The QQQ telegraphed its strength in early August as it held the 50 DMA while the other markets sliced right through …


This Market Is More Like a Kangaroo Than A Bull

Mish Schneider |

All four indexes, QQQ, DIA, SPY, and IWM have now gapped higher the last 5 days in a row! The QQQ telegraphed its strength in early August as it held the 50 DMA while the other markets sliced right through …


The Cleansed "Lighter, Less Popular" Bull Climbs Higher

Mish Schneider | August 18, 2014

Tonight’s evening watch was prepared by Geoff Bysshe, President, MarketGauge.

It’s Most of today’s move in stocks was on the gap higher and then in the steady grind higher for about the first hour. After the morning gap and rally, …


The Cleansed "Lighter, Less Popular" Bull Climbs Higher

Mish Schneider |

Tonight’s evening watch was prepared by Geoff Bysshe, President, MarketGauge.

It’s Most of today’s move in stocks was on the gap higher and then in the steady grind higher for about the first hour. After the morning gap and rally, …


"Small caps still stuck"

Mish Schneider | August 14, 2014

Geoff Bysshe

As IWM stayed stuck under its 200 DMA, the QQQ, SPY and DIA all drifted higher in steady and uneventful trading.

The SPY closed right on its 50 DMA and at the same level of the high of …


"Small caps still stuck"

Mish Schneider |

Geoff Bysshe

As IWM stayed stuck under its 200 DMA, the QQQ, SPY and DIA all drifted higher in steady and uneventful trading.

The SPY closed right on its 50 DMA and at the same level of the high of …


"Normal is nothing more than a cycle on a washing machine."

Mish Schneider | August 13, 2014

Whoopie Goldberg

The divergence in the market continued today. As IWM under performed and staying under the 200 DMA in a distribution phase. The QQQ’s on the other hand show real strength today as they rallied back towards the highs …