"Elementary My Dear Watson"

Mish Schneider | May 21, 2013

Most notable for Tuesday is that the Small Caps or Russell 2000 had an inside day (when the range of the day, high to low, is within the range of the day before). This interprets as a pause, which I …


"She's Got You High" $SPY $IWM $DIA $QQQ

Mish Schneider | May 20, 2013

Monday began with a low volume marginal correction in the indexes and a clear rotation into energy and oil plus a short covering rally in gold. The dollar lost some of its recent strength which certainly helped fuel this rotation …


"She's Got You High" $SPY $IWM $DIA $QQQ

Mish Schneider |

Monday began with a low volume marginal correction in the indexes and a clear rotation into energy and oil plus a short covering rally in gold. The dollar lost some of its recent strength which certainly helped fuel this rotation …


"Can I Ask You Something, Travis?" $SPY $QQQ $IWM $DIA

Mish Schneider | May 19, 2013

It didn’t take long to get the answers to our questions concerning how well the market would take a round of lukewarm economic data or whether or not the US dollar would correct and rates rise. Friday made yet another …


"Can I Ask You Something, Travis?" $SPY $QQQ $IWM $DIA

Mish Schneider | May 18, 2013

It didn’t take long to get the answers to our questions concerning how well the market would take a round of lukewarm economic data or whether or not the US dollar would correct and rates rise. Friday made yet another …


Reached, Breached, Closed Beneath $APY $DIA $QQQ $IWM

Mish Schneider | May 17, 2013

Last two days were profit taking opportunities for many longs that were deep in the money. That doesn’t mean one should not be holding onto core positions as today’s “red” day was more of a welcomed respite than a “top”. …


Reached, Breached, Closed Beneath $APY $DIA $QQQ $IWM

Mish Schneider | May 16, 2013

Last two days were profit taking opportunities for many longs that were deep in the money. That doesn’t mean one should not be holding onto core positions as today’s “red” day was more of a welcomed respite than a “top”. …


Oh Snap! $SPY $QQQ $IWM $DIA

Mish Schneider |

Incredible resiliency remains even if the intraday action had somewhat less sparkle. And, no surprise that today’s leading sectors are my 2013 favorites- all of which seem to like the stronger US Dollar, higher interest rates-Semiconductors, Transportation, Real Estate, Financials …


Oh Snap! $SPY $QQQ $IWM $DIA

Mish Schneider | May 15, 2013

Incredible resiliency remains even if the intraday action had somewhat less sparkle. And, no surprise that today’s leading sectors are my 2013 favorites- all of which seem to like the stronger US Dollar, higher interest rates-Semiconductors, Transportation, Real Estate, Financials …


Most Amps Go to Ten. These Go to Eleven! $SPY $IWM $QQQ $DIA

Mish Schneider |

I wonder how many are caught by surprise that the idea of the Federal Reserve backing away from bond buying and a strong US dollar would lead to the market making yet another new high. Defies logic, some would say; …