Slings and Arrows of Outrageous Fortune $SPY $IWM $DIA $QQQ

Mish Schneider | May 25, 2013

After the big drop last week, Thursday and Friday’s action formed what could become a new base or launch pad as I like to say. Plus, the S&P 500 and the Dow had inside days as well. Basically, two possible …


Under Thin Ice (the 10 DMA)

Mish Schneider | May 23, 2013

Not Even Japan’s 7% Drop Could Scare Our Bulls.

Wednesday all 4 stock indexes experienced one of the ugliest reversal days the markets have seen in years. Then overnight, Japan’s equities sunk 7% due to weak economic data in China. …


Under Thin Ice (the 10 DMA)

Mish Schneider |

Not Even Japan’s 7% Drop Could Scare Our Bulls.

Wednesday all 4 stock indexes experienced one of the ugliest reversal days the markets have seen in years. Then overnight, Japan’s equities sunk 7% due to weak economic data in China. …


Falling Into the Black: Can We Ever Get Back? $SPY $DIA $QQQ $IWM

Mish Schneider | May 22, 2013

Our tell, the Small Caps or Russell 2000, had a historical day (the whole market really, but let’s focus on that one). After an inside day, it opened unchanged, took out Tuesday’s high; then after what is nearly laughable contradictory …


Falling Into the Black: Can We Ever Get Back? $SPY $DIA $QQQ $IWM

Mish Schneider |

Our tell, the Small Caps or Russell 2000, had a historical day (the whole market really, but let’s focus on that one). After an inside day, it opened unchanged, took out Tuesday’s high; then after what is nearly laughable contradictory …


"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 …


"Elementary My Dear Watson"

Mish Schneider |

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 …