How to React to a Choppy Market

Mish Schneider | October 1, 2020

Co-Written by Mish and Forrest

We’ve recently talked about higher volatility in the market with the election date closing in.

In these past couple of weeks, we’ve seen the market jump around quite a bit.

We’re in a choppy market …


Time to Keep an Eye on Homebuilders

Mish Schneider | September 30, 2020

Co-Written by Mish and Forrest

It’s time to start watching the homebuilding sector. We can look at this using the symbol XHB, which is an ETF based off the SPY.

The reason that homebuilders are interesting right now, is because …


Risk vs Reward and The Never-Ending Battle

Mish Schneider | September 28, 2020

Written by Forrest Crist-Ruiz

Today’s large gap up in the indices can pose some great morning questions. The biggest one being should I buy the gap, or should I wait to see where things go?

You don’t want to chase …


Market Indices Phased And Confused

Mish Schneider | September 27, 2020

Co-Written by Mish and Forrest

Coming into the weekend we have more time to look over our charts, gather our thoughts and take a step back to grasp the larger picture.

So, let’s get right to it!

From bullish to …


Navigating Through the Markets Choppy Waters

Mish Schneider | September 24, 2020

Co-Written by Mish and Forrest

Today the QQQs, SPY, and DIA, closed near the September 21st lows which we noted as possible support.

While we rallied intraday, we also sold off, giving back most of the days upward progress.

The …


Junk Bonds Looking More Like Junk

Mish Schneider | September 23, 2020

Co-Written by Mish and Forrest

Let’s start with the 4 major indices, the SPY, QQQ, DIA, and IWM.

They all sold off today breaking yesterday’s lows. Besides IWM, they are still not below their recent low from September 21st.

If …


How Long Will the Market Hold Its Breadth For?

Mish Schneider | September 22, 2020

Co-Written by Mish and Forrest Crist-Ruiz

Yesterday Mish talked about watching junk bonds (JNK) to see if the Fed would continue supporting high risk companies.

Today JNK had an inside day. This comes after a large red day where JNK …


Measured Moves in the Market

Mish Schneider | September 21, 2020

Coming into Monday, we wrote targets on the S&P 500 and NASDAQ 100.

Based on the measured move from the all-time high and the ensuing gap lower (or topping pattern), we shared with you all that the SPY target was …


Time for the Newer Biotech Companies to Wake Up?

Mish Schneider | September 20, 2020

Written by Forrest Crist-Ruiz

With companies like Pfizer giving possible hope for an end of year vaccine and a recent gap up in IBB (Nasdaq Biotechnology ETF), now could be a good time to keep an eye on newer issues …


Keeping Your Mind on the Right Side of the Market

Mish Schneider | September 17, 2020

Yesterday, we were watching the VXX to gauge fear in the market.

Today it gapped higher and then continued to sell off while the indices gapped lower and began to rise.

Now the QQQs, DIA, and SPY while selling off …