DJIA Tickles 13,000

Mish Schneider | February 26, 2012

The overall expectation last Friday was for a quiet day. We got it. The DJIA tested and closed just beneath 13,000, which seems more psychologically than technically significant.  S&P 500 (SPY) ended with a DOJI candle (opening and closing price …


DJIA Tickles 13,000

Mish Schneider |

The overall expectation last Friday was for a quiet day. We got it. The DJIA tested and closed just beneath 13,000, which seems more psychologically than technically significant.  S&P 500 (SPY) ended with a DOJI candle (opening and closing price …


The Game is Afoot! $SPY $QQQ $IWM

Mish Schneider | February 24, 2012

When Biotechnology (IBB) corrected, Commodities (GLD USO) took the lead. With Commodities still in favor (although ultimately begging for an interest rate hike which could take the kibosh out of this run) Biotechs led the charge again. Other sectors followed …


The Game is Afoot! $SPY $QQQ $IWM

Mish Schneider | February 23, 2012

When Biotechnology (IBB) corrected, Commodities (GLD USO) took the lead. With Commodities still in favor (although ultimately begging for an interest rate hike which could take the kibosh out of this run) Biotechs led the charge again. Other sectors followed …


Time Correction $SPY $QQQ $IWM

Mish Schneider | February 22, 2012

The phase in all indexes remains bullish. The trading action suggests this is a classic time correction as once again, beaucoup uninteresting.

S&P 500 (SPY) 135.50 the 10 DMA.

NASDAQ (QQQ) First time it has negative midpoint pivots since the …


Time Correction $SPY $QQQ $IWM

Mish Schneider |

The phase in all indexes remains bullish. The trading action suggests this is a classic time correction as once again, beaucoup uninteresting.

S&P 500 (SPY) 135.50 the 10 DMA.

NASDAQ (QQQ) First time it has negative midpoint pivots since the …


Strong as Dull Bull $SPY $QQQ

Mish Schneider |

Other than a lot of divergence with commodities leading and Biotechnology, Real Estate and Transportation lagging, the overall indexes were rather unremarkable.

S&P 500 (SPY) Closed right around the May 2011 high. Volume on par with Friday. Not too much …


Strong as Dull Bull $SPY $QQQ

Mish Schneider | February 21, 2012

Other than a lot of divergence with commodities leading and Biotechnology, Real Estate and Transportation lagging, the overall indexes were rather unremarkable.

S&P 500 (SPY) Closed right around the May 2011 high. Volume on par with Friday. Not too much …


Middle of Uncertainty $SPY $QQQ $IWM

Mish Schneider | February 20, 2012

Leading the market analysis with AAPL once again. The giant neither confirmed a possible reversal from last week's blow off run nor negated it, closing right in the middle of uncertainty.
NASDAQ (QQQ) closed with an inside day-indecisive. S&P 500 …


Middle of Uncertainty $SPY $QQQ $IWM

Mish Schneider |

Leading the market analysis with AAPL once again. The giant neither confirmed a possible reversal from last week's blow off run nor negated it, closing right in the middle of uncertainty.
NASDAQ (QQQ) closed with an inside day-indecisive. S&P 500 …