Close Your Eyes and I'll Kiss You

Mish Schneider | February 27, 2014

As the week and month, one thought (ok two) comes to mind. First, if the small caps or Russell 2000 gap up over the highs, consider it a runaway gap. Second, if the Financial sector holds the 50 DMA, could …


Who Knows? It's Only Just Out of Reach..

Mish Schneider | February 26, 2014

Quote: Something’s Coming West Side Story

A fascinating dichotomy between sideways action in the indices (with the exception of the Russell 2000) which made and closed on new highs) and the Volatility index which also firmed.

Typically digestion days will …


When A Bomb Is Going Off, You Forget You're Acting

Mish Schneider | February 25, 2014

Quote: Charlie Sheen

3 out of the 4 indices posted an inside day on this mainly noisy Tuesday. The Russell’s, S&P 500, and the Dow all held Monday’s lows nor penetrated Monday’s highs. NASDAQ ticked 2 cents under Monday’s low …


When A Bomb Is Going Off, You Forget You're Acting

Mish Schneider |

Quote: Charlie Sheen

3 out of the 4 indices posted an inside day on this mainly noisy Tuesday. The Russell’s, S&P 500, and the Dow all held Monday’s lows nor penetrated Monday’s highs. NASDAQ ticked 2 cents under Monday’s low …


Mix a Newfoundland With A Bassett Hound = Newfound Asset Hound

Mish Schneider | February 24, 2014

Remember our discussion about melt ups, tops and ignoring logic? It surely seems like we are in the midst of a melt up, but not necessarily the making of a top until we see some VOLUME!

Not a huge fan …


Mix a Newfoundland With A Bassett Hound = Newfound Asset Hound

Mish Schneider |

Remember our discussion about melt ups, tops and ignoring logic? It surely seems like we are in the midst of a melt up, but not necessarily the making of a top until we see some VOLUME!

Not a huge fan …


You Do The Hokey Pokey...

Mish Schneider | February 23, 2014

Worthy time digestion rather than price correction with choppy conditions and low volume to end the week.

The Dow closed with an inside day (DIA) marginally under the 50 DMA for an unconfirmed weak warning phase.

Homebuilders cleared a 2 …


You Do The Hokey Pokey...

Mish Schneider | February 22, 2014

Worthy time digestion rather than price correction with choppy conditions and low volume to end the week.

The Dow closed with an inside day (DIA) marginally under the 50 DMA for an unconfirmed weak warning phase.

Homebuilders cleared a 2 …


If You Are Walking To Seek, Ye Shall Find

Mish Schneider | February 21, 2014

“Henceforth, we need to see confirmation Thursday and with increasing volatility.” Two reasons I am quoting myself from last night’s daily. One, because I really do love the word “henceforth.” Secondly, because the concept of “confirmation” and “increasing volatility” is …


If You Are Walking To Seek, Ye Shall Find

Mish Schneider | February 20, 2014

“Henceforth, we need to see confirmation Thursday and with increasing volatility.” Two reasons I am quoting myself from last night’s daily. One, because I really do love the word “henceforth.” Secondly, because the concept of “confirmation” and “increasing volatility” is …