The Grand Illusion $SPY $QQQ $IWM

Mish Schneider | July 26, 2012

David Copperfield is a master of sleight of hand. The market is a master of illusion as well. It gapped over Wednesday's high for sure. But once the rabbit was pulled out of the hat, it wiggled its nose at …


HumpDay Highs $SPY $QQQ $IWM

Mish Schneider | July 25, 2012

Low volume and inside day in S&P 500 and Russell 2000, both with very different looking charts. In this mess of a market, the clearest thought that comes to mind, is to either buy SPY over Wednesday's high or be …


HumpDay Highs $SPY $QQQ $IWM

Mish Schneider |

Low volume and inside day in S&P 500 and Russell 2000, both with very different looking charts. In this mess of a market, the clearest thought that comes to mind, is to either buy SPY over Wednesday's high or be …


Threadbare Bull Phase $SPY $QQQ $IWM

Mish Schneider | July 24, 2012

Another big burst of volume in S&P 500 on a red day making this now the third distribution day in a week. But, oh what a tease, after testing the 50 DMA, closing right above it-just to keep us all …


Threadbare Bull Phase $SPY $QQQ $IWM

Mish Schneider |

Another big burst of volume in S&P 500 on a red day making this now the third distribution day in a week. But, oh what a tease, after testing the 50 DMA, closing right above it-just to keep us all …


Let's Play the Numbers $SPY $QQQ $IWM

Mish Schneider | July 23, 2012

Low volume sell off in the market. But what is most interesting to me is where support levels are in the indexes and many of the sectors and groups and how those areas held up. Need some follow through of …


Is That The Way It Is? $SPY $IWM $QQQ

Mish Schneider | July 22, 2012

And if that ain't the way of the market this year-get in, hit the 3-5 day move up or down, and get the hell out. Give back some of your hard earned dollars before heading back to a mainly cash …


Is That The Way It Is? $SPY $IWM $QQQ

Mish Schneider |

And if that ain't the way of the market this year-get in, hit the 3-5 day move up or down, and get the hell out. Give back some of your hard earned dollars before heading back to a mainly cash …


Anything Including Nothing Can Happen $SPY $QQQ $IWM

Mish Schneider | July 19, 2012

First big stock earnings yields post market gain in Google. At time of writing, it's up over 4%. This on the heels of a digestion day in the S&P 500 with a higher close for the 3rd consecutive day. Plus, …


Anything Including Nothing Can Happen $SPY $QQQ $IWM

Mish Schneider |

First big stock earnings yields post market gain in Google. At time of writing, it's up over 4%. This on the heels of a digestion day in the S&P 500 with a higher close for the 3rd consecutive day. Plus, …