The Economy is Thy Shepherd, We Shall Not Want

Mish Schneider | March 10, 2015

South Park Margaritaville Episode

Following inside day patterns in all 4 indices, they all reconciled to the downside, with certain instruments going s-p-la-t!

We have unconfirmed warning phases again in both the S&P 500 and the Dow. The Russell 2000s …


Sheep Will Flee In Random Directions

Mish Schneider | March 9, 2015

It seems safe to get back into the sheep conversation after recent activity. I titled the weekend commentary as Cast Sheep because that perfectly defined last Friday’s action (if you accept the premise of sheep in the first place.)

A …


Cast Sheep Can't Get Up Without Assistance

Mish Schneider | March 8, 2015

An experienced trader never designs or alters a trading plan based on what he/she “thinks” is going to happen. Experienced traders confirm and place trades using top down analysis, market internals, risk/reward ratios, and proper position sizing.

Key is to …


Did AAPL Really Fall On Newton's Head?

Mish Schneider | March 5, 2015

I feel like the market looks-upbeat but a bit tired. Upbeat because the sectors I have been watching are holding up. Tired, because it seems that the prices in those sectors haven’t moved much as if waiting for either the …


Qún Yáng Gùn

Mish Schneider | March 4, 2015

Shepherd staff (This routine is performed with a straight heavy red oak staff)

Last night I wrote about the 5 Classic Signs of a Top (please review 03-04-15 Commentary archived on the website) with added remarks that none of those …


Against the Advice of Seven of Nine

Mish Schneider | March 3, 2015

Captain Janeway Good Shepherd Episode 2000.

It’s tempting to remark on the potentially harmful yet more than likely ephemeral impact of speeches and economic data on the resilient market, but for objectivity’s sake, let’s just stick to the technical signals …


Someone is Saying Baaaaahhhhddd Things About Me?

Mish Schneider | March 2, 2015

Over the weekend, I glanced many times at my twitter stream (that was when we weren’t binge-watching House of Cards Season 3).

I felt my anxiety level rise every time I read comments from fellow traders I respect that the …


Old Horse Knows The Way

Mish Schneider | March 1, 2015

Story by Han Fei Zi Guan Zhong accompanied Load Huan of Qi in attacking Guzhu. Spring passed and winter returned, and they became lost on the wrong road. Guan Zhong said: "We can use the wisdom of an old horse. …


A Shining Hi-Tech Amazon

Mish Schneider | February 26, 2015

You’ve Come A Long Way Baby Army of Lovers

Charles H. Dow, co-founder of Dow Jones and Company, was alive during the Industrial Revolution, a time when the US was a growing power. Dow's first stock averages were an index …


Sheep Find Sheepdogs Annoying When Things Are Fine

Mish Schneider | February 25, 2015

The Art of Manliness –Are You a Sheep or Sheepdog? Part 1 by Brett and Kate McKay

Tuesday, I shared a way to look at reversal trades using commodities and particularly, DBC, the Commodity Index ETF, as an example.

In …