Mish's Daily Archives | Page 65 of 388

Can the Major Indices Hold Key Support Levels?

Mish Schneider | February 20, 2022

Written by Forrest Crist-Ruiz

The Russell 2000 (IWM), S&P 500 (SPY), Dow Jones (DIA), and the Nasdaq 100 (QQQ) have all broken their previous minor support levels from Monday Feb 14ths low as seen in the above chart.

While the …

Let’s Build a Shopping List of Stocks and Areas to Watch

Mish Schneider | February 16, 2022

Written by Forrest Crist-Ruiz

Wednesday’s FOMC minutes release sparked a late-day rally in the stock market.

If the rally continues into Thursday, this could be a great area to watch for trade setups in some of our favorite sectors.

Even …

Is this Another Rally Into Resistance?

Mish Schneider | February 15, 2022

Written by Forrest Crist-Ruiz

Mish’s Economic Modern Family which consists of 7 symbols that help guide us through the market has much of the same problems the major indices are stuck with currently.

Fairly tight trading ranges that keep investors …

What to Do Next With No Clear Stock Market Direction

Mish Schneider | February 14, 2022

Written by Forrest Crist-Ruiz

Currently, the market is digesting last Friday’s big move and is not giving us any clear directional signs.

After the major indices failed to clear key resistance levels last week the market began to sell-off.

Though …

Taking Profits While the Market Tanks

Mish Schneider | February 13, 2022

Written by Forrest Crist-Ruiz

Both the S&P 500 (SPY) and the Nasdaq 100 (QQQ) failed to clear key resistance areas this past week.

Additionally, the CPI reported that inflation is yet again on the rise sitting over 7% on a …

Support and Resistance Levels to Watch for Thursday’s Trading Session

Mish Schneider | February 9, 2022

Written by Forrest Crist-Ruiz

Two of the major indices including the Russell 2000 (IWM) and the Dow Jones (DIA) have cleared key resistance levels, however, the S&P 500 (SPY) and the Nasdaq 100 (QQQ) have yet to clear recent highs …

Is the Biotech Space Looking for a Major Price Move?

Mish Schneider | February 8, 2022

Written by Forrest Crist-Ruiz

The past four trading days have held roughly the same price areas within the major indices.

Specifically, the S&P 500 (SPY) and the Nasdaq 100 (QQQ) have similar tight price action.

When watching for larger than …

Watch for A Breakout Above Monday’s Inside Day Chart Pattern

Mish Schneider | February 7, 2022

Written by Forrest Crist-Ruiz

Monday mainly showed consolidation within the major indices.

The Russell 2000 (IWM) spent most of its time within Friday’s price range along with the S&P 500 (SPY) and the Nasdaq 100 (QQQ) having inside day chart …