NASDQ 100 Inside Day

Mish Schneider | November 14, 2011

A couple of notable features today. First, the inside day in QQQ and DIA- not the major breadth of the market, but noteworthy nonetheless since GOOG and AMZN held well. Second, the volume- - lightest it's been in months. Finally, …


Will Midcaps Give Traders A Whole Lotta Love?

Mish Schneider | November 13, 2011

MMMDaily Readers: Will continue to highlight how I use the top/down analysis that you see every day in the overall market and sectors/groups to give my subscribers specific stock recommendations with entries, risks and targets. Exact guidance, exact strategies, exact …


S & P 500 Inside Day Indecision Before Bank Holiday

Mish Schneider | November 10, 2011

Interestingly enough, there is US economic data to make a case for the market to hold (jobless claims fall, earnings for 3rd quarter ok). But with European worries and other economic data that suggest otherwise, a case for weakness exists …


Stock Market Pop (Poop) Quiz

Mish Schneider | November 9, 2011

Ahead of the curve: MMM Premium to Subscribers 8 Nov via TweetDeck: Bought 30.00 Jan puts in SLV for 1.32 to test the market.  Closed today 1.59.  Percentage gain 20%.

A Pop (Poop) Quiz:

1. Was today irreparable damage with …


DOW Back Over the 200 DMA

Mish Schneider | November 8, 2011

It’s not the price, it’s the percentage gain. One of many great picks to MMMPremium Subscribers. On last night’s Eve Watch: Honorable Mention: F (Through 11.33). Private Tweet 9:45 AM ET “F climbing-can buy outright or price options” Closed up …


NASDQ 100 vs. Midcaps-Who Wins?

Mish Schneider | November 7, 2011

GOOG gives it to us again with instructions to subscribers on a favorite strategy-the opening range reversal. Here’s from last’s night’s evening watch “Honorable Mention: OR Reversal GOOG* (Narrow Range 10)”. Tweeted entry in private twitter at 594 with tight …


Stock Market: Ready to Pop or Poop?

Mish Schneider | November 4, 2011

Third consecutive Friday with inside days in all indexes. SPY and IWM held weekly and monthly moving averages. QQQ had a Doji day at 57.80. All filled gaps and at this point, look firm. Still very much a "watch which …


Head's Up on NFLX

Mish Schneider | November 3, 2011

I hope you all enjoy the daily top down analysis. In case you are wondering what my premium service looks like-here is just one trade I walked the subscribers through this week.

From the 11-01-11 Eve Watch for MMM Premium …


Chinese ETF: No Country is an Island

Mish Schneider | November 2, 2011

Spectacular gains, drops then gains since last week. Low volume after a big distribution day yesterday. QQQ holding above the 200 DMA with an uninspiring day. Midcaps (IWM) on the island top signal which only negates if that gap to …


Trading on Volatility Island

Mish Schneider | November 1, 2011

Islands everywhere. IWM UUP FXI AAPL for starters. But trading on that one pattern alone when the market goes up and down 100 like a slinky, can strip one of his/her shirt leaving one, well, bare chested. Most famous and …