Well, perhaps the Rodney Dangerfield quote was timelier than I even imagined! After testing the last swing high in S&P 500 from 2008 before the huge downturn, the late day selloff could have a short-term impact, which means, a correction …
Low volume but positive end to a week that took the market out of the doldrums and into new 4 -year high territory. Other than the typical market corrections and digestions that occur, barring any unforeseen disasters, this rally has …
Low volume but positive end to a week that took the market out of the doldrums and into new 4 -year high territory. Other than the typical market corrections and digestions that occur, barring any unforeseen disasters, this rally has …
Sunny skies ahead indeed! And I hope you had your No-Doze in hand. Accumulation Day in volume-but not enough to think blow off rally. Tomorrow could be some digestion, but overall, any correction is a buy opportunity especially for those …
All I can say is don't fall asleep. Once this market wakes up, it will make a big move up or down from its current range. Considering the bull phase and the consolidation near the highs, right now-that points to …
When one looks at the scan of unconfirmed phase changes among 400 or so instruments, one is struck by how evenly divided between negative and positive phases the list appears after the trading session. Although divergence has been a constant …
When one looks at the scan of unconfirmed phase changes among 400 or so instruments, one is struck by how evenly divided between negative and positive phases the list appears after the trading session. Although divergence has been a constant …
Today's Mish's Daily was prepared by Geoff Bysshe, co-founder of MarketGauge.
The markets have spent two weeks consolidating. On Tuesday, traders will be back from their summer vacations and ready to create a direction for this market by the end …
Today's Mish's Daily was prepared by Geoff Bysshe, co-founder of MarketGauge.
The markets have spent two weeks consolidating. On Tuesday, traders will be back from their summer vacations and ready to create a direction for this market by the end …
All 4 indexes still don't agree. Just like Wednesday, the IWM pushed higher but the other 3 (SPY, DIA, and QQQ) were weak. It was also another day where you were better served to expect a reversal of any move …