Why the Nasdaq 100 (QQQ) Is a Great Trade Example For Thursday

Mish Schneider | May 4, 2022

Written by Forrest Crist-Ruiz

The rate increase came in as expected at half a percent, showing that the Fed is going for the safest play instead of pushing for a .075% increase.

With that announcement, the market made a late-day …


Can Transportation (IYT) and Retail (XRT) Make A Positive Momentum Divergence?

Mish Schneider | May 3, 2022

Written by Forrest Crist-Ruiz

In reference to Monday’s article, we are watching for signs of a reversal in the major indices based on price and momentum.

As a follow-up, we can also look at Mish’s Economic Modern Family to see …


Watch for Key Resistance to Clear and Hold Before Wednesday’s Fed Announcement

Mish Schneider | May 2, 2022

Written by Forrest Crist-Ruiz

This Wednesday the Fed will announce an interest rate increase.

So far, expectations are for + 0.5%.

While some believe this is too high as the market is struggling, others believe the Fed needs to be …


Will The Stock Market Bloodbath Continue?

Mish Schneider | May 1, 2022

Written by Forrest Crist-Ruiz

Friday, the Nasdaq 100 (QQQ) closed -4.4% on the day.

Not far behind came the S&P 500 (SPY) at -3.6% along with the Russell 2000 (IWM) at -2.8%.

This comes after each failed to hold support …


Why Traders Should Be Waiting for Confirmation When Buying Dips

Mish Schneider | April 27, 2022

Written by Forrest Crist-Ruiz

For the past 10 years, dip-buying weakness as the market has only been under pressure for short periods has worked out very well.

However, the economy and world are in a new situation that involves geopolitical …


The Economic Modern Family Breaks Down

Mish Schneider | April 26, 2022

Written by Forrest Crist-Ruiz

Mish’s Economic Modern Family is made from 7 keys symbols that act as a guide for the stock market macro picture.

The Family consists of the Small-cap index Russell 2000 (IWM), Transportation (IYT), Retail (XRT), Regional …


Is The Small-Cap Index Showing a Dip Buying Opportunity?

Mish Schneider | April 25, 2022

Written by Forrest Crist-Ruiz

Monday, the small-cap index Russell 2000 (IWM) found support near the bottom of its range.

After last week’s selling, this could either be a temporary bounce or a fake-out before weakness again sets in.

Because we …


How to Prepare for Monday by Watching Trading Range Lows

Mish Schneider | April 24, 2022

Written by Forrest Crist-Ruiz

After both the Russell 2000 (IWM) and the Nasdaq 100 (QQQ) failed to hold or clear over the 50-Day moving average (blue line), the bleeding has not stopped.

Now that IWM and many key ETFs are …


Does the Nasdaq 100 Index Have a Chokehold on the Stock Market?

Mish Schneider | April 20, 2022

Written by Forrest Crist-Ruiz

Wednesday, the stock market stuck with its choppy trend.

After Tuesday’s rally into resistance, we watched for either a reversal to the downside or a potential break to the upside as momentum had grown since last …


Real Motion Shows Hidden Momentum in the Russell 2000 and S&P 500

Mish Schneider | April 19, 2022

Written by Forrest Crist-Ruiz

Tuesday, the stock market rallied right into resistance from its major moving average, however, this time could be different.

While the market is choppy and traders should be extra careful, if Wednesday shows follow-through in both …