It's So Cold in the D; Warm in the USA $SPY $DIA $QQQ $IWM

Mish Schneider | July 18, 2013

Although the S&P 500 and the Dow (DIA) cleared the 2013 highs intraday to make new highs, they both ultimately closed beneath those numbers. DIA had had a high of 155.44. Thursday’s high was 155.74 with a closing price of …


This Indecisions Bugging Me $SPY $DIA $QQQ $IWM

Mish Schneider | July 17, 2013

Regarding the search for confirmation on whether or not Tuesday yielded any reversal patterns-keep searching. As choppy as the market was before, during and after Ben Bernanke’s testimony, ultimately, the day closed green and none of the indexes gave an …


This Indecisions Bugging Me $SPY $DIA $QQQ $IWM

Mish Schneider |

Regarding the search for confirmation on whether or not Tuesday yielded any reversal patterns-keep searching. As choppy as the market was before, during and after Ben Bernanke’s testimony, ultimately, the day closed green and none of the indexes gave an …


Necessary Roughness $SPY $DIA $QQQ $IWM

Mish Schneider | July 16, 2013

In Monday night’s daily, I wrote about Biotechnology and how we were on watch for the possibility of a key reversal day after Friday’s double the average blow off rally. Tuesday, a classic second indication of possible reversal in play …


Necessary Roughness $SPY $DIA $QQQ $IWM

Mish Schneider |

In Monday night’s daily, I wrote about Biotechnology and how we were on watch for the possibility of a key reversal day after Friday’s double the average blow off rally. Tuesday, a classic second indication of possible reversal in play …


Happiness is Largely a Matter of Digestion $SPY $QQQ $IWM $DIA

Mish Schneider | July 15, 2013

By all accounts a good digestion day. Financials continued to shine on the heels of strong earnings in that sector. Retail made new highs once again and transportation made up for some its lag from last week. Rates dropped, the …


Happiness is Largely a Matter of Digestion $SPY $QQQ $IWM $DIA

Mish Schneider |

By all accounts a good digestion day. Financials continued to shine on the heels of strong earnings in that sector. Retail made new highs once again and transportation made up for some its lag from last week. Rates dropped, the …


"Stuck a Feather in His Cap and Called it Macaroni" $SPY $QQQ $IWM $DIA

Mish Schneider | July 14, 2013

Tell your children to train for jobs in Biotechnology, if appropriate, since that seems to be the place to be for innovation and long positions. IBB, the ETF for that sector closed up 2.46%. Otherwise, Friday was a healthy digestion …


"Stuck a Feather in His Cap and Called it Macaroni" $SPY $QQQ $IWM $DIA

Mish Schneider |

Tell your children to train for jobs in Biotechnology, if appropriate, since that seems to be the place to be for innovation and long positions. IBB, the ETF for that sector closed up 2.46%. Otherwise, Friday was a healthy digestion …


"Net Force of An Object Equal to the Rate of Change" $SPY $IWM $QQQ $DIA

Mish Schneider | July 11, 2013

A market in momentum, right? Breaking News-“Dow and S&P 500 finish at record highs as investors hope Fed will continue stimulus; Dow adds 171 points, S&P up 1.4%.” It’s been awhile since I’ve written about the technical bubble-but let’s revisit. …