Look Out

Keith Schneider | June 2, 2013

Whether one calls it the Hindenburg or the Titanic Indicator, the signs are ominous. Market meltdowns are named after disasters crafted by human folly. Whether it’s thinking that a ship is unsinkable, a balloon filled with explosive gas is fit …


Coming Up For Air

Keith Schneider | May 28, 2013

This picture from a scene of one of my favorite movies featuring Nicole Kidman “Dead Calm” certainly captures the state of the markets. In the movie, Sam Neill playing Nicole’s husband, is trapped below deck in a scuttled sinking ship …


This Bull Market is Relentless

Keith Schneider | May 19, 2013

This bull market is relentless; dig it unless you want the shaft. It has totally destroyed short sellers and confounded many players including those that follow seasonal trends, overbought /oversold indicators, Elliot Wave Theory and especially those perma- bears based …


Learning to Fly

Keith Schneider | May 12, 2013

After finally turning off banks of computer screens this Friday, we (Mish and I) headed off to dinner, connected the iPhone into the Range Rover's stereo, tapped the Pandora icon and immediately the song "I'm learning to fly" by Tom …


Sell in May and Go Away... Broke

Keith Schneider | May 5, 2013

One of the great Wall Street adages is "Sell in May and Go Away". That caught a lot of professional's off guard this year. Many packed up their bags and left town, or shorted the market based on this seasonal …


Even Myron would be Confused

Keith Schneider | April 28, 2013

Back in 1964, the plot of the movie Goldfinger (one of the great James Bond movies), villain Myron Goldfinger attempts to corner the Gold market only to be thwarted by James Bond. Fast forward to the late 1970’s and the …


Gold Bugs on Endangered Species List

Keith Schneider | April 15, 2013

This Friday's dramatic drop in gold bullion finally put "bear market " status on the yellow relic as it has dropped over 20% from its intraday high of $1948 that was made on September 2011. The current state of the …


Apple Perfects the Kowtow

Keith Schneider | April 8, 2013

Apple, the company that could do no wrong fueled by the combination of brilliance and chutzpah that only Steve Jobs could master, is learning that when it comes to corporate warfare, state capitalism rules. Apple’s CEO Tim Cook had to …


From Russia With Love

Keith Schneider | March 31, 2013

While the US stock market finished up the first quarter of 2013 with a nice 10% rise, foreign markets languished. Russia and China were noteworthy underperformers; however the news out of Russia bears keeping an eye on. The onslaught of …


Petty Cash

Keith Schneider | March 18, 2013

In a record settlement this week, SAC, a hedge fund run by multi-billionaire Steve Cohen, agreed to fork over $600 million in fines to the US Treasury for insider trading, petty cash for someone with a net worth of $8 …