Posts From Andrew Nyquist

Andrew Nyquist
Andrew Nyquist is the founder of See It Market. Andrew has been actively investing for over 13 years with a strong focus on technical analysis and swing trading. His blogs, articles, and contributions have appeared on numerous websites, including highly respected Yahoo! Finance, MarketWatch, Business Insider, and Minyanville, where he also contributes to their premium trading platform, the Buzz & Banter. Andrew has also been interviewed and cited across many media outlets, including Dow Jones & Company owned Smartmoney. In addition to founding and managing See It Market, Andrew enjoys actively investing, playing and watching sports, and spending time with friends and family – especially his wife and three children. Andrew currently works in the financial services industry and resides in the Minneapolis area. He is a 1998 graduate of Carleton College.
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Why The Russell 2000 May Outperform In The Days Ahead

Over the past few days, I’ve been watching the Russell 2000. And more specifically, the Russell 2000 (RUT) to S&P 500 (SPX) performance ratio. It’s no secret that the Russell 2000 and the small caps have been severely underperforming their large cap buddies in the S&P 500 this year. In fact, as of yesterday’s close the S&P 500 was +5.94% vs the Russell 2000 -2.58% YTD. But perhaps the Small Caps were

S&P 500 Technical Update: Will Opex Bring New Highs?

Another mini-pullback, another buy the dip rally? Monday’s price action felt a lot like more of the same. Although we won’t know until we get confirmation, the setup is in place.  Since the April lows, the S&P 500 has formed a nice channel that has seen 3 pullbacks (including the current one). The first mini-pullback was followed by a 93 point rally, while the second lead to a 60 point rally. But we

Large Cap Stocks Redefining “Risk-On” In 2014

Despite a quick wave of uncertainty and renewed European bank fears, U.S. equities continue to show resiliency in the face of selling. Especially large cap stocks: Although no indicator should be used in isolation, I think that it’s interesting to note that large caps are showing little deterioration thus far. On the flip side, high beta little brother, the Small Caps (as measured by the Russell 2000), are getting hit hard

Stocks Shake Off Losses But Risk Aversion On Watch

As U.S. equities prepared for a gap down at the open, investors were greeted with an assortment of headlines blaming anything from worries about weak earnings to a slowing global economy. But now that the market has battled back by mid-day, the headlines are shifting to highlight overblown fears.  Worth a chuckle, as we still have two hours to go and plenty of time for more back and forth. The bottom line is

S&P 500 Update: BTD Stock Pullbacks In Focus

Since the February lows, stocks have seen several shallow pullbacks. Most pullbacks have lasted 2 to 4 days, while the lone outlier lasted 7 days.  This consistent patterning has shown up in longer spurts during this bull market and is otherwise known as buy the dip (or BTD). Looking at the chart below, 3 things stand out to me regarding recent pullbacks: 1.  Since the April lows, the market has twice

5 Charts To Watch This Week

The U.S. financial markets appear to be as groggy as its investors returning from the long weekend. A quick scan of the futures market brings this theme to life with the major U.S equity indexes down slightly and key commodities following suit in listless action. But with the major indexes at all-time highs, it doesn’t take much digging to find interesting setups heading into this week.  But as I scanned my list of

The Best Of See It Market – June 2014

After breaking out in May, the equity markets continued higher in June, up 1.9% for the month.  Technicians would call this price action “follow-through”, but perhaps it was just more of the same: A steady stair-step grind higher.  And this has put some pain on participants looking for a top.  But on the flip side, the markets are getting stretched on multiple time-frames, so perhaps being aware and actively managing risk

Valuing Apple’s Stock: 3 Considerations For Active Investors

Buying an asset when everyone hates it has been a strong recipe for successful investing over the years. But, contrarian investing is much more than meets the eye; it requires extreme patience, strong discipline, and a plan. So what might a contrarian investor be interested in?  Hint: Value (on long side) and over-value (on short side). Big-time investors like Warren Buffett or Carl Icahn fit this profile.  And speaking of the

Gold Investors: 5 Things To Watch For This Summer

Just as Gold looked destined to retest the lows, the yellow metal found its shine and rallied into the Fed statement on June 18, 2014. In the trading business, we call that a “head fake.”  And it came at the perfect time – right as Gold investors were about to give up. 80 points later, Gold has emerged from its slumber and may be ready to rally. But in a

Is The Silver ETF (SLV) On The Verge Of A Breakout?

In just three weeks, Silver has gone from the brink of collapse to being on the verge of a price breakout. But this sort of price action isn’t uncommon from assets in a longer-term corrective phase; in short, bulls get worn down by the short relief rallies that return to the grinding stair-step lower. That said, the price action in the Silver ETF (SLV) looks promising, provided follow through confirmation arrives shortly.