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Weekly MiM Update
MiM Update: Week in review. First off, what happened on Friday? Thank you for the emails, some inquisitive, some constructive, and some not so nice. Friday’s reading suffered from a communications...
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MiM UPdate for 6/18/2013
The MiM did its job and showed a decent sell going into the close. Our handy dandy chart shows that short indeed was the trade and getting in early and leaving just before the bell would have given...
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MiM Update for 6/19/2013
MiM Update: It was open house yesterday on the MiM and I hope you all took advantage of seeing this tool in action on the close. It wasn’t spectacular yesterday, not like the price action. For me...
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MiM update 6/25/2013
MiM Update: Our MiM was off yesterday and I am still pouring through data as I have not been able to get in enough work time to finish the next release yet. This week for sure. That next release...
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MiM Update
MiM Update: I get two kinds of meter mail everyday, and it doesn’t matter what the meter says. The first kind goes “I killed it today, that meter is fantastic!”, and the 2nd version (the polite...
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MiM Update 6/27/2013
MiM Update: Was yesterday a repeat of the day before? That was the theme of emails yesterday as, again, we opened the tracking period with a strong sell-side imbalance in both size and percentage,...
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MiM Update 6/28/2013
I write a MiM blog entry everyday on the MrTopStep site: http://closingimbalance.com/category/blog/ . Today, it is included in the Opening print because today is a special day and should be good for...
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Repost–My 3 easy rules for trading the MiM + 4 more
NOTE: This is a repost of something I wrote earlier in June (2013). I haven’t changed much and we are about to go into a big close today so we are sure to learn more. We lost this post after a server...
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MiM Update for 7/1/2013
MiM Update First, let’s look at the latest version of the MiM that all of you meter readers will have sometime this week. It isn’t much different in looks except that we have added size and an SPX...
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MiM Update for 7/2/2013
MiM Update: For my fellow meter readers, don’t forget that the markets close early on Wednesday (1pmET) so the meter will be running starting around noon ET. Markets are totally closed on Thursday....
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Update for 7/3 – Holiday Schedule MiM @ 12PM ET today and Closed Tomorrow 7/4
On the MiM: The MiM got some nice fan mail yesterday as it pegged hard to the buy side and never really budged. It was so hard pegged that I had a bit of doubt myself, especially after straying into a...
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Daily update for Jul 5, 2013
MiM Update: For the Squeezed jobs day, squeezed because it was between the Fourth holiday and the weekend, the MiM showed not much interest in pointing out a direction. To review: Friday’s data hovered...
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On the MiM
On the MiM Great opportunities on the MiM, right at the time and location that most thought the plug was to be pulled on the markets, us meter readers had a little inside edge watching the buy side...
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MiM post 7/12/2013
On The MiM This was our 2nd day now with a very strong reading that was consistent through the entire on hour cycle of closing. For those trading on the MiM, please understand that the data starts...
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Why we went long into the close.. Very strong MiM readings..
99% on the Buy Side.. that is incredible. Look how it built up from 3pm ET into the close.. They still want long into the market
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On The MiM
On the MiM We couldn’t believe our eyes as the close built on Friday. Two great days in row!. By the end of the close we had 99% buy side and that got most in the room long and a few out of their...
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On The MiM:
The wind changed just a bit, today is about closing follow through and depends on how the day trades. For me, the MiM was just neutral all through the closing hour. The sell side did build up...
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On the MiM:
You can see from the MiM snapshots that the early read was “a significant sell-side was developing”, that was clearly erasing by 3:20 and in the final tally the MiM moved through neutral to the buy...
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On the MiM
Wasn’t much on the close yesterday as we just moved into it slowly. We did know that they were not going to take it down much, so no spill on the close. That is valuable information to have. The...
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On the MiM
Confusion abounded on Friday as the MiM was showing a strong sell that we were trying to wave off as the Pfizer was a single $250MM sell side throwing off the MiM. We were tweeting out on...
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