Do you know if this is a Miltonia or a Miltoniopsis? did it have a tag? I bought a Miltoniopsis from Safeway last year in what looks like a similar pot with that bit of green cage around it.
If its a Miltoniopsis, most of them bloom in spring and likely wouldn't be showing signs of a spike yet, although one of mine has a spike.
Miltonias (Miltoniopsis included) and many of the Oncidium type orchids grow a spike from a newly mature growth. After they bloom, the mature growth then produces a new growth. Many of mine are kind of on hold and not doing a lot right now.
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