2016 Market Rules

Mish Schneider | May 17, 2016

Welcome to the Jungle

We saw this sign at the entry of Negril, Jamaica’s Best (and only) Night Club. Although the management promises to “ensure” these rules are followed, we saw several patrons who pushed the limits without any obvious …


"Often Licked Never Beaten"

Mish Schneider | May 16, 2016

Thanks Geoff Bysshe, for filling in so adeptly while we vacationed.

What’s crazy is that when we left on May 3rd, the Russell 2000 closed at 111.62. Here we are on May 16th and IWM closed at 111.03

Hence, in …


This market is a hot potato (and about to get hotter)...

Mish Schneider | May 15, 2016

This week is likely to be a tipping point for the market.

Today's commentary was written by Geoff Bysshe, co-founder of MarketGauge.

Over the last two weeks I’ve focused this commentary on the likelihood of the SPY, IWM and DIA …


Today I asked hundreds of traders which way the market is going and 95% said…

Mish Schneider | May 12, 2016

My two surprises from the market today

Today's commentary was written by Geoff Bysshe, co-founder of MarketGauge.

Today I asked hundreds of traders in a webinar whether the markets were going to breakdown from the current levels or rally.

I’ve …


Is Grandma Retail The Canary In The Coal Mine?

Mish Schneider | May 11, 2016

Macy’s was the big loser, but it’s not the market’s biggest problem

Today's commentary was written by Geoff Bysshe, co-founder of MarketGauge.

The bulls will go home today hoping that the market over reacted (as it often does) to the …


One Bad APPL Won’t Ruin This Market

Geoff Bysshe | May 10, 2016

Is AMZN Worth More than AAPL?

Today's commentary was written by Geoff Bysshe, co-founder of MarketGauge.

Today, as AMZN soared to all-time highs on a new $1,000 price target from Deutsche Bank, AAPL flirted with its 2 year lows. Even …


The First Step of A Market Reversal Is In Place.

Mish Schneider | May 9, 2016

Will The Second Step Take Place Tomorrow?

Today's commentary was written by Geoff Bysshe, co-founder of MarketGauge.

Friday was an unconvincing bounce off the 50 DMA’s for 3 of the 4 major stock indexes (SPY, DIA, IWM), and the market …


Market bottoms with classic pattern at 11:00.

Mish Schneider | May 8, 2016

There were two key points to spotting today’s reversal.

Today's commentary was written by Geoff Bysshe, co-founder of MarketGauge.

No surprises, and a big sigh of relief. That’s what the end of Friday felt like.

It’s a good thing the …


How the market will react to the jobs report

Mish Schneider | May 5, 2016

Today's commentary was written by Geoff Bysshe, co-founder of MarketGauge.

Sometimes you just have to wait. Today was all about the fact the all important jobs data comes out tomorrow.

If you step back and look at the charts for …


Can XLP hold up the market?

Mish Schneider | May 4, 2016

On really bad days, everything falls.

Today's commentary was written by Geoff Bysshe, co-founder of MarketGauge.

Yesterday’s comments looked at how TLT’s relationship with SPY can give you insight into the health of the market’s trend. In short, real bearish …