Basing Action Upgrade to Probable $SPY $QQQ $IWM

Mish Schneider | May 29, 2012

After inside days and a long weekend, good start to market with the gap higher, a gap which held throughout the day. One could also say that the possible basing action is now more probable, with a move to test …


Basing Action Upgrade to Probable $SPY $QQQ $IWM

Mish Schneider |

After inside days and a long weekend, good start to market with the gap higher, a gap which held throughout the day. One could also say that the possible basing action is now more probable, with a move to test …


Clear As Muddy Water $SPY $QQQ $IWM

Mish Schneider | May 28, 2012

The market managed to close out the week as crystal unclear. Is it basing at important support levels? Will the recent support turn into resistance? Naturally and not unexpectedly, 3 out of 4 indices had inside days on Friday.

S&P …


Clear As Muddy Water $SPY $QQQ $IWM

Mish Schneider |

The market managed to close out the week as crystal unclear. Is it basing at important support levels? Will the recent support turn into resistance? Naturally and not unexpectedly, 3 out of 4 indices had inside days on Friday.

S&P …


Basing Action $SPY $QQQ $IWM

Mish Schneider | May 24, 2012

Good basing action in the market with anticipation that Friday, ahead of a holiday, could be quiet. The indexes are testing the fast moving averages. I would not be so bold to say the worst is over, but at least …


Basing Action $SPY $QQQ $IWM

Mish Schneider |

Good basing action in the market with anticipation that Friday, ahead of a holiday, could be quiet. The indexes are testing the fast moving averages. I would not be so bold to say the worst is over, but at least …


AAPL Juice $SPY $QQQ $IWM

Mish Schneider | May 23, 2012

You know what kept us from going short? AAPL! Yup. That had an inside day and seeing as that and the Retail ETF (XRT) never broke those key previous day lows, we figured we rather miss the selloff and wait …


AAPL Juice $SPY $QQQ $IWM

Mish Schneider |

You know what kept us from going short? AAPL! Yup. That had an inside day and seeing as that and the Retail ETF (XRT) never broke those key previous day lows, we figured we rather miss the selloff and wait …


Try a Little Tenderness $SPY $IWM $QQQ

Mish Schneider | May 22, 2012

This market can wear you out. This much I can tell you. The phase is strong warning. The number of stocks and ETFs that are in a bullish phase have decreased significantly. Bear phase stocks have already been beaten to …


Try a Little Tenderness $SPY $IWM $QQQ

Mish Schneider |

This market can wear you out. This much I can tell you. The phase is strong warning. The number of stocks and ETFs that are in a bullish phase have decreased significantly. Bear phase stocks have already been beaten to …