Market Analysis for Trading on 06/15/2020

Mish Schneider | June 14, 2020

New- IF the market holds, Baidu BIDU ATR: 4.10 Filled the gap from last Thursday and sitting on the 200-DMA. Plus, momentum good. If holds 112.60, and clears 116, will look for an entry with risk under 108 Biotech IBB …


Market Analysis for Trading on 06/12/2020

Mish Schneider | June 11, 2020

New- Will probably take it easy on a Friday-but watching commodities-gold, gold miners (which is more stock related) coffee and silver. JO (Coffee) I like today’s action-possible double bottom-new low in futs-over 99.20 might buy or JO over 30.58 on …


Market Analysis for Trading on 06/11/2020

Mish Schneider | June 10, 2020

New- I, like you all, want to add to the metals-and we will-165 is a great place to clear in GLD. In GDX like to see a dip to around 33.50-33.70 and SLV to clear 17.00 Sugar still wish to …


Market Analysis for Trading on 06/10/2020

Mish Schneider | June 9, 2020

New- Please watch today’s video Will sit tight on Fed day. But still want to add to CANE GDX SPCE when right. And have KR ATR 1.06 on watch  too. One new position-IBB **See stop changes below- Existing Positions Biotechnology …


Market Analysis for Trading on 06/09/2020

Mish Schneider | June 8, 2020

New- Market is starting to show real overbought conditions. At the same time, risk off instruments rising in price like VXX, GLD, TLTs. Plus, KRE stopped rallying but also did not decline. We have a Fed meeting this week as …


Market Analysis for Trading on 06/08/2020

Mish Schneider | June 7, 2020

***Please put this on your computer or in a post it nearby QUICK TIP-If you are in a position and the sell stop or trailing stop is close when the market opens, CANCEL that stop and wait for a 30-minute …


Market Analysis for Trading on 06/05/2020

Mish Schneider | June 4, 2020

New Please watch today’s video Exited XLP at 59.49. If still in, can use the low of tomorrow’s opening range or no loss, whatever is higher. Bought ½ position in GDX see below Watching CANE add for Friday, maybe VXX-stand …


Market Analysis for Trading on 06/04/2020

Mish Schneider | June 3, 2020

New Best thing for us right now, is we have basically no risk. Except for VNM and CGC, and the second ½ of SOYB, all are at a no loss or trailing stop after profit taking. That means we are …


Market Analysis for Trading on 06/03/2020

Mish Schneider | June 2, 2020

New Please watch today’s video-a lot on how I determine and change stops Still looking at adding to SPCE-watching for Wednesday over 16.55 area Also see notes on below on CANE SOYB-both of which we may add. UGA close to …


Market Analysis for Trading on 06/02/2020

Mish Schneider | June 1, 2020

New The only trade we made today was the add on VNM with this alert: VNM ATR .34 Keep stop at 14.01 to buy other 1/2, but if not triggered by 6 min b4 the close, buy it anyway at …