Pinpointing Prices $SPY $QQQ $IWM

Mish Schneider | April 2, 2012

S&P 500 (SPY) like the Dow (DIA) took out their last swing highs and then closed well indeed, but backed off end of day just enough to keep the weaker longs cautious. NASDAQ 100 (QQQ) and Russell 2000 (IWM) did …


Stay Frosty $SPY $QQQ $IWM

Mish Schneider | April 1, 2012

And so the month ends with the best first quarter performance since 1998. 1998 had drama for sure. The Russian ruble crisis resulted in a collapse of Long-term Capital Management (LTCM). In October 1998, the company was rescued, but only …


Stay Frosty $SPY $QQQ $IWM

Mish Schneider |

And so the month ends with the best first quarter performance since 1998. 1998 had drama for sure. The Russian ruble crisis resulted in a collapse of Long-term Capital Management (LTCM). In October 1998, the company was rescued, but only …


March out like a Lamb? $SPY $QQQ $IWM

Mish Schneider | March 30, 2012

The Dow (DIA), S&P 500 (SPY) and Russell 2000 (IWM) all recovered from the gap lower to close in much better shape. However, we remain tempered in enthusiasm as the quarter ends because all ran up to resistance at the …


March out like a Lamb? $SPY $QQQ $IWM

Mish Schneider | March 29, 2012

The Dow (DIA), S&P 500 (SPY) and Russell 2000 (IWM) all recovered from the gap lower to close in much better shape. However, we remain tempered in enthusiasm as the quarter ends because all ran up to resistance at the …


Appetizer for the Wolf $QQQ $SPY $IWM

Mish Schneider |

If the market is "Hungry Like a Wolf", it managed to scare the livestock off, but with how much collateral damage? Second distribution day in volume in the last 2 weeks, but no real major volume to speak of. With …


Appetizer for the Wolf $QQQ $SPY $IWM

Mish Schneider | March 28, 2012

If the market is "Hungry Like a Wolf", it managed to scare the livestock off, but with how much collateral damage? Second distribution day in volume in the last 2 weeks, but no real major volume to speak of. With …


$QQQ Who Cried Wolf $SPY $IWM

Mish Schneider |

NASDAQ 100 is becoming the "Boy Who Cried Wolf," with today's new multi-year high, close on the intraday low pattern we see once a week these days. Ok, so some sheep are nervous and rightfully so. Most of this rally …


$QQQ Who Cried Wolf $SPY $IWM

Mish Schneider | March 27, 2012

NASDAQ 100 is becoming the "Boy Who Cried Wolf," with today's new multi-year high, close on the intraday low pattern we see once a week these days. Ok, so some sheep are nervous and rightfully so. Most of this rally …


Ours is Not to Question Why $SPY $QQQ $IWM

Mish Schneider | March 26, 2012

Not too crazy about a weakening US dollar for the ultimate best case scenario (the one where the improving US economic recovery takes the credit for the rally).  Nonetheless, since we have been long across many groups and sectors since …