Basing Action $SPY $QQQ $IWM

Mish Schneider | May 24, 2012

Good basing action in the market with anticipation that Friday, ahead of a holiday, could be quiet. The indexes are testing the fast moving averages. I would not be so bold to say the worst is over, but at least …


AAPL Juice $SPY $QQQ $IWM

Mish Schneider | May 23, 2012

You know what kept us from going short? AAPL! Yup. That had an inside day and seeing as that and the Retail ETF (XRT) never broke those key previous day lows, we figured we rather miss the selloff and wait …


AAPL Juice $SPY $QQQ $IWM

Mish Schneider |

You know what kept us from going short? AAPL! Yup. That had an inside day and seeing as that and the Retail ETF (XRT) never broke those key previous day lows, we figured we rather miss the selloff and wait …


Try a Little Tenderness $SPY $IWM $QQQ

Mish Schneider | May 22, 2012

This market can wear you out. This much I can tell you. The phase is strong warning. The number of stocks and ETFs that are in a bullish phase have decreased significantly. Bear phase stocks have already been beaten to …


Try a Little Tenderness $SPY $IWM $QQQ

Mish Schneider |

This market can wear you out. This much I can tell you. The phase is strong warning. The number of stocks and ETFs that are in a bullish phase have decreased significantly. Bear phase stocks have already been beaten to …


Is it Safe? $SPY $QQQ $IWM

Mish Schneider | May 21, 2012

It is very possible a short term bottom is in place. Many slingshot patterns have emerged with the volatility index (measurement of sentiment and fear) indicating a short-term buy on Monday.

S&P 500 (SPY) Troubling even after a new short …


Is it Safe? $SPY $QQQ $IWM

Mish Schneider |

It is very possible a short term bottom is in place. Many slingshot patterns have emerged with the volatility index (measurement of sentiment and fear) indicating a short-term buy on Monday.

S&P 500 (SPY) Troubling even after a new short …


Drill Down Baby, Drill Down $SPY $IWM $QQQ

Mish Schneider | May 20, 2012

If there were ever a time to preach the importance of a trading plan, it’s now. Unless you have been committed to the short side, as a potential buyer looking for signs of a bottom, no day last week remotely …


Drill Down Baby, Drill Down $SPY $IWM $QQQ

Mish Schneider |

If there were ever a time to preach the importance of a trading plan, it’s now. Unless you have been committed to the short side, as a potential buyer looking for signs of a bottom, no day last week remotely …


What Does Rita Rudner Say? $SPY $QQQ $IWM

Mish Schneider | May 17, 2012

Friday Quote

“Some women hold up dresses that are so ugly and they always say the same thing: 'This looks much better on.' On what? On fire?” Rita Rudner

As the market gave lots of warning signs that this was …