The Sobering Index $IWM

Mish Schneider | March 9, 2012

Well, well, well, Welcome to Scenario 3! The one where the S&P 500 (SPY) gaps higher and closes higher leaving a potential bottom on the recent correction, as well as closing above the fast moving average.

Note: I am taking …


The Sobering Index $IWM

Mish Schneider | March 8, 2012

Well, well, well, Welcome to Scenario 3! The one where the S&P 500 (SPY) gaps higher and closes higher leaving a potential bottom on the recent correction, as well as closing above the fast moving average.

Note: I am taking …


Is it Safe? $SPY $QQQ $IYM

Mish Schneider |

Did you keep in your minds that the trend remains bullish and look for the signs that it was safe to jump back in? I wrote up 3 possible scenarios. 1. Watch for a return move over the high of …


Is it Safe? $SPY $QQQ $IYM

Mish Schneider | March 7, 2012

Did you keep in your minds that the trend remains bullish and look for the signs that it was safe to jump back in? I wrote up 3 possible scenarios. 1. Watch for a return move over the high of …


As the Sectors Turn $SMH

Mish Schneider |

One never knows a top is in place until it confirms. So, even though we had the bearish candle in S&P 500 (SPY), followed by the 2 inside days, followed by the break of the range and now, the gap …


As the Sectors Turn $SMH

Mish Schneider | March 6, 2012

One never knows a top is in place until it confirms. So, even though we had the bearish candle in S&P 500 (SPY), followed by the 2 inside days, followed by the break of the range and now, the gap …


What Now? $SPY $IWM $QQQ

Mish Schneider |

After the 2 inside days, S&P 500 (SPY) broke the lows and closed just beneath the fast moving average, first time since January 31st. Certainly merits respect, but is only one layer of analysis. The phase remains bullish. There is …


What Now? $SPY $IWM $QQQ

Mish Schneider | March 5, 2012

After the 2 inside days, S&P 500 (SPY) broke the lows and closed just beneath the fast moving average, first time since January 31st. Certainly merits respect, but is only one layer of analysis. The phase remains bullish. There is …


Market Conundrum $SPY $QQQ $IWM

Mish Schneider | March 4, 2012

Dow Jones Industrial Average (DIA) and NASDAQ 100 (QQQ) closed slightly higher on Friday while QQQ closed higher on the week and DIA basically unchanged. S&P 500 (SPY) closed lower on Friday but slightly higher on the week. Russells 2000 …


Market Conundrum $SPY $QQQ $IWM

Mish Schneider |

Dow Jones Industrial Average (DIA) and NASDAQ 100 (QQQ) closed slightly higher on Friday while QQQ closed higher on the week and DIA basically unchanged. S&P 500 (SPY) closed lower on Friday but slightly higher on the week. Russells 2000 …