Good News... It Will Be Over Soon

Mish Schneider | August 27, 2014

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

It was another day of the market drifting. The volume in the SPY was lower today than pre-holiday trading on July 3rd, and we’re still 2 days away from the …


Just What The Bull Market Needed

Mish Schneider | August 26, 2014

Today was just what the bull market needed – consolidation in the leading indexes and strength in the broader market. While the Q’s struggled to move higher, the IWM climbed without any sign of a pull back. The IWM closed …


Just What The Bull Market Needed

Mish Schneider |

Today was just what the bull market needed – consolidation in the leading indexes and strength in the broader market. While the Q’s struggled to move higher, the IWM climbed without any sign of a pull back. The IWM closed …


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 …