Mish's Daily for Trading on 8/26/2014

Mish Schneider | August 25, 2014

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

Four doji’s pretty much sums up the market today – undecided. SPY, DIA, QQQ, and IWM all opened higher, tried to continue and then fell back to test prior day’s …


Mish's Daily for Trading on 8/26/2014

Mish Schneider |

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

Four doji’s pretty much sums up the market today – undecided. SPY, DIA, QQQ, and IWM all opened higher, tried to continue and then fell back to test prior day’s …


What If We're In A Melt Up?

Mish Schneider | August 24, 2014

If the markets are in a melt up phase then one day of rest is all they need to move higher. The SPY got it's rest day on Friday. The QQQ refused to close lower, but it too spent the …


What If We're In A Melt Up?

Mish Schneider |

If the markets are in a melt up phase then one day of rest is all they need to move higher. The SPY got it's rest day on Friday. The QQQ refused to close lower, but it too spent the …


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 …


No Real Sellers To Be Found

Mish Schneider |

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 …