"Nice Try Lao Che!" $SPY $QQQ $IWM $DIA

Mish Schneider | June 10, 2013

The S&P 500 and NASDAQ closed sharply unchanged. Only the small caps firmed (IWM) but never cleared the high from last week. All in all, today was more digestion than a game changer one way or another although the pros …


"Fortune and Glory Kid, Fortune and Glory" $SPY $QQQ $IWM $DIA

Mish Schneider | June 9, 2013

"Fortune and Glory Kid, Fortune and Glory" $SPY $QQQ $IWM $DIA

From the low print last Thursday morning to the close last Friday, market recovered 2.7%. The Dow did not quite make it to new highs for the week. Moreover, …


"Fortune and Glory Kid, Fortune and Glory" $SPY $QQQ $IWM $DIA

Mish Schneider |

"Fortune and Glory Kid, Fortune and Glory" $SPY $QQQ $IWM $DIA

From the low print last Thursday morning to the close last Friday, market recovered 2.7%. The Dow did not quite make it to new highs for the week. Moreover, …


"Take Off The Mask of Gloomy Tragedy" $SPY $QQQ $IWM $DIA

Mish Schneider | June 6, 2013

About those reversal patterns. One key indication is when a new 60 day plus low is made (even more powerful when the low is on or near a major simple moving average), then it (depending upon which instrument) closes in …


"Take Off The Mask of Gloomy Tragedy" $SPY $QQQ $IWM $DIA

Mish Schneider |

About those reversal patterns. One key indication is when a new 60 day plus low is made (even more powerful when the low is on or near a major simple moving average), then it (depending upon which instrument) closes in …


"Don't Know Why There's No Sun Up In The Sky" $SPY $QQQ $IWM $DIA

Mish Schneider |

Storm clouds forming now in Northern New Mexico. A thunderstorm in this case would be a welcomed relief to the fires that have been raging. Perhaps the now oversold conditions on the McClellan Oscillators will provide some welcomed relief for …


"Run For Cover, Rebels Taking Over" $SPY $QQQ $IWM $DIA (Bob Marley)

Mish Schneider | June 5, 2013

The market broke the 20 Turnaround Tuesdays in a row streak just in time to get the cliché “June Swoon” primed and ready! Low volume selloff in the indexes with the S&P 500 back under 164 yet holding Monday’s low. …


"Run For Cover, Rebels Taking Over" $SPY $QQQ $IWM $DIA (Bob Marley)

Mish Schneider | June 4, 2013

The market broke the 20 Turnaround Tuesdays in a row streak just in time to get the cliché “June Swoon” primed and ready! Low volume selloff in the indexes with the S&P 500 back under 164 yet holding Monday’s low. …


"In Heaven, All The Interesting People Are Missing" $SPY $QQQ $IWM $DIA (Nietzsche)

Mish Schneider |

The market does not want to quit, gaining back more than ½ of its losses from Friday. And I love that so many traders try to pigeon hole the market into clichés as a trading methodology: “Sell in May, June …


"In Heaven, All The Interesting People Are Missing" $SPY $QQQ $IWM $DIA (Nietzsche)

Mish Schneider | June 3, 2013

The market does not want to quit, gaining back more than ½ of its losses from Friday. And I love that so many traders try to pigeon hole the market into clichés as a trading methodology: “Sell in May, June …