Yo-Yo Market Action

Mish Schneider | July 2, 2012

Today’s Mish’s Daily was prepared by Geoff Bysshe, co-founder of MarketGauge.

Tuesday the stock markets will close at 1:00 EST so expect a very light trading day and action similar to today’s consolidation. With the exception of IWM’s impressive sprint …


Volume World $SPY $QQQ $IWM

Mish Schneider | July 1, 2012

Go ahead and celebrate an amazing end to the week and month (we sure did), then, come with me into volume world. No doubt, the recent rally has been fueled by the sectors I have been writing about since 2012 …


Volume World $SPY $QQQ $IWM

Mish Schneider |

Go ahead and celebrate an amazing end to the week and month (we sure did), then, come with me into volume world. No doubt, the recent rally has been fueled by the sectors I have been writing about since 2012 …


Bullish Candles Strong Warning Phase $SPY $IWM $DIA

Mish Schneider | June 28, 2012


Bullish Candles Strong Warning Phase $SPY $IWM $DIA

Mish Schneider |

Hope traders had their seatbelts on and fastened. A historical day in U.S. history and a day where a trading plan was even more paramount than usual. Most interesting pattern to note on all indexes (except NASDAQ 100) is that …


What's 100 Points In A Dull Market? $SPY $QQQ $IWM

Mish Schneider | June 27, 2012

Low volume rally and right to the fast moving average in S&P 500, NASDAQ 100, and the Dow Jones Industrial Average or the "spring rate" from my shock absorber analogy Tuesday. Only Russell 2000 (the one that hung onto the …


What's 100 Points In A Dull Market? $SPY $QQQ $IWM

Mish Schneider |

Low volume rally and right to the fast moving average in S&P 500, NASDAQ 100, and the Dow Jones Industrial Average or the "spring rate" from my shock absorber analogy Tuesday. Only Russell 2000 (the one that hung onto the …


Shock Absorbers $SPY $IWM $QQQ

Mish Schneider | June 26, 2012

The market is wearing shock absorbers. The 200 Daily Moving Average appears to be the cushion while it traverses on uneven roads. Since shock absorbers also have springs meant to dampen spring oscillations, we will call the fast moving average …


Shock Absorbers $SPY $IWM $QQQ

Mish Schneider |

The market is wearing shock absorbers. The 200 Daily Moving Average appears to be the cushion while it traverses on uneven roads. Since shock absorbers also have springs meant to dampen spring oscillations, we will call the fast moving average …


Nana, You're Scaring Us $SPY $QQQ $IWM

Mish Schneider | June 25, 2012

Week began with the wolf not grandmother considering the gap lower and consequential follow through. The 200 DMA back in the S&P 500 midst, Russell 2000 upon it and NASDAQ once again, the best hope that current levels hold as …