Doldrums in the Eye of the Beholder $SPY $DIA $QQQ $IWM

Mish Schneider | July 22, 2013

Long live the new boy King born on the day of the Super Moon! His historical birthday will also be noted as a new high close in the S&P 500. Could it be the new and all-time high? Of course …


Why Doesn't Glue Stick to the Inside of the Bottle? $SPY $QQQ $IWM $DIA

Mish Schneider | July 20, 2013

“Let’s think stable and close the week on a high note.” Last sentence from last week’s daily. And so I begin with thanks! The Dow made the new all-time high last Thursday and managed to stay well within its grasp …


Why Doesn't Glue Stick to the Inside of the Bottle? $SPY $QQQ $IWM $DIA

Mish Schneider |

“Let’s think stable and close the week on a high note.” Last sentence from last week’s daily. And so I begin with thanks! The Dow made the new all-time high last Thursday and managed to stay well within its grasp …


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

Mish Schneider | July 19, 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 …


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 …