Another Nail in the Oversold Coffin $SPY $DIA $QQQ $IWM

Mish Schneider | June 22, 2013

Friday was a nap after the dramatic action of the week. The phase change to warning confirmed in all (alas) indexes except the small caps which closed marginally over the 50 Daily Moving Average, therefore going back to an unconfirmed …


"Nary a Bounce" $DIA $SPY $QQQ $IWM

Mish Schneider | June 21, 2013

“The 3rd time the SPY sees the 50 DMA won’t be a charm theory” What I have been tweeting and writing about, came to fruition big time with the gap lower and nary a bounce intraday with the eventual close …


"Nary a Bounce" $DIA $SPY $QQQ $IWM

Mish Schneider | June 20, 2013

“The 3rd time the SPY sees the 50 DMA won’t be a charm theory” What I have been tweeting and writing about, came to fruition big time with the gap lower and nary a bounce intraday with the eventual close …


"What Happened To You, Yeah, Come Back" $SPY $QQQ $IWM $DIA

Mish Schneider |

"What Happened To You, Yeah, Come Back" Usher

So what happened? The FED said they would not take away the bond buying program until theunemployment numbers drop to 6.5%. They also said the economy is improving and that they could …


"If You Do Not Change Direction, You May End Up Where You Are Heading" $SPY $IWM $QQQ $DIA

Mish Schneider | June 18, 2013

"If You Do Not Change Direction, You May End Up Where You Are Heading" Lao Tse

Welcome to the continuation of the pre-Federal Reserve Meeting Week! After Monday’s action which began by exhibiting characteristics of a split personality, Tuesday the …


"If You Do Not Change Direction, You May End Up Where You Are Heading" $SPY $IWM $QQQ $DIA

Mish Schneider |

"If You Do Not Change Direction, You May End Up Where You Are Heading" Lao Tse

Welcome to the continuation of the pre-Federal Reserve Meeting Week! After Monday’s action which began by exhibiting characteristics of a split personality, Tuesday the …


"The Three Faces of Eve" $SPY $QQQ $DIA $IWM

Mish Schneider | June 17, 2013

Welcome to pre-Federal Reserve Meeting Week! Monday’s action begins exhibiting characteristics of a split personality. On the one hand there’s the gap higher over fast moving averages with the Dow closing up 109 which suggests that Ben and the boys/girls …


"The Three Faces of Eve" $SPY $QQQ $DIA $IWM

Mish Schneider |

Welcome to pre-Federal Reserve Meeting Week! Monday’s action begins exhibiting characteristics of a split personality. On the one hand there’s the gap higher over fast moving averages with the Dow closing up 109 which suggests that Ben and the boys/girls …


"Times, They Are A'Changin" $SPY $QQQ $IWM $DIA

Mish Schneider | June 16, 2013

Prepared by Matt Mullins, MarketGauge Trader, filling in for Mish for until Monday.

"Times, They Are A'Changin" $SPY $QQQ $IWM $DIA

After yesterday’s impressive rally over the 10 DMA in three of the four major indices, Friday was spent digesting …


"Times, They Are A'Changin" $SPY $QQQ $IWM $DIA

Mish Schneider |

Prepared by Matt Mullins, MarketGauge Trader, filling in for Mish for until Monday.

"Times, They Are A'Changin" $SPY $QQQ $IWM $DIA

After yesterday’s impressive rally over the 10 DMA in three of the four major indices, Friday was spent digesting …