If It Walks Like a Duck... $SPY $QQQ $IWM

Mish Schneider | October 2, 2012

Nice to see some of the sector and groups in the green-real estate, energy, homebuilders, semiconductors, transportation, financials. Retail struggling still. Now perhaps the indexes can finally cross the fast moving averages. That is what we will be watching for. …


If It Walks Like a Duck... $SPY $QQQ $IWM

Mish Schneider |

Nice to see some of the sector and groups in the green-real estate, energy, homebuilders, semiconductors, transportation, financials. Retail struggling still. Now perhaps the indexes can finally cross the fast moving averages. That is what we will be watching for. …


Harvest Soup $SPY $QQQ $IWM

Mish Schneider | October 1, 2012

The market began the month and quarter testing the fast moving averages then retreating. Whereas the market internals in the S&P 500 turned positive in the short term, NASDAQ 100 turned slightly negative. The overall trend remains bullish, volume patterns …


Harvest Soup $SPY $QQQ $IWM

Mish Schneider |

The market began the month and quarter testing the fast moving averages then retreating. Whereas the market internals in the S&P 500 turned positive in the short term, NASDAQ 100 turned slightly negative. The overall trend remains bullish, volume patterns …


Laws of Attraction $SPY $IWM $QQQ

Mish Schneider | September 30, 2012

Nagging 4th distribution day in volume ending the month in NASDAQ 100 and S&P 500. That looks to be saying the market wants lower after the Thursday bounce that could not reach the fast moving averages. But, QQQ and IWM …


Laws of Attraction $SPY $IWM $QQQ

Mish Schneider |

Nagging 4th distribution day in volume ending the month in NASDAQ 100 and S&P 500. That looks to be saying the market wants lower after the Thursday bounce that could not reach the fast moving averages. But, QQQ and IWM …


What Happens Here, Stays Here $SPY $IWM $QQQ

Mish Schneider | September 27, 2012

And right on cue, a rally to resistance as none of the indexes were able to test or clear the fast moving averages. But certainly, in the face of some anemic economic numbers, they did indeed bounce off the lows-and, …


Great (OK, Reasonable) Expectations $SPY $QQQ $IWM

Mish Schneider | September 26, 2012

I took the day off from trading. As such, I could step back a bit and digest the last several days. The fact that the drop happened quickly (over the last couple of days) is concerning but, the drop is …


Great (OK, Reasonable) Expectations $SPY $QQQ $IWM

Mish Schneider |

I took the day off from trading. As such, I could step back a bit and digest the last several days. The fact that the drop happened quickly (over the last couple of days) is concerning but, the drop is …


"Gimme a Nasty Groove" $SPY $IWM $QQQ

Mish Schneider | September 25, 2012

Nasty yet an oversold 2-day Relative strength indicator in many instruments. Also, a distribution day in volume. The weekly and monthly RSIs are not oversold. More important, is that AAPL dropped precipitously and GOOG might have had a key reversal …