No Joy in Taiyuan

Keith Schneider | September 30, 2012

Apple stock dropped almost 7% this week as major riots broke out in a manufacturing plant operated by Foxconn. It occurred in the city of Taiyuan in mainland China, and at its epicenter was the iPhone 5. The cause of …


Transports, Gridlocked

Keith Schneider | September 22, 2012

While the presidential election drones on and the polarization between donkeys and elephants intensifies, the rally on Wall Street paused this week. Notably absent from participating in the market’s move to new highs are transportation and semiconductors. The Transportation Sector …


Cargo Cult Capitalists

Keith Schneider | September 16, 2012

As expected, Equity Markets rallied around the world as it responded to the Fed's decision to aggressively pump money. Caught between a choice of a double dip recession or possible hyper-inflation, Bernanke chose inflation and turned up the monetary spigots …


Putin’s Soaring Gold Play

Keith Schneider | September 9, 2012

The Global Equities market soared this week, led by the U.S., to levels not seen in the NASDQ for over a decade with a five year high for the Dow. This can be attributed to the Bernanke/Draghi statements that basically …


The Bull’s Toughest Month Is Upon Us

Geoff Bysshe | September 3, 2012

I think most traders would say October is the worst performing month of the year, but in fact it’s not. On average, October is up .41% for the month. The month that has earned the status of the worst performing …


When Gold Glitters

Geoff Bysshe | August 26, 2012

The August 20th Wall Street Journal had on its front page a declaration that “This rally gets no respect”. Now what’s a market to do when the truth about its persona is so publically exposed?

Make a new high for …


The Pussy Riots in Russia

Keith Schneider | August 19, 2012

In Moscow this week, the all-female Russian rock band "Pussy Riot" was convicted of "hooliganism" and sentenced to two years in prison. The heinous crime was staging a forty second event last February, protesting the Russian church's support of the …


Stocks Indexes Bolt to Recent Highs

Keith Schneider | August 12, 2012

The US stock markets mirrored Olympic gold medalist running champion Usain Bolt by earning its own medal with the SPY bolting to highs not seen since April. The US outpaced other stock indexes while registering five consecutive weekly gains. However, …


2012, A Trading Odyssey

Keith Schneider | August 5, 2012

Knight Securities loss of $440 million this week was attributed to a "glitch" in a new trading software release. Rumor has it that a disgruntled computer took over, hid or disabled the abort button, and sent out massive market orders …


All’s Well That Ends Well

Keith Schneider | July 29, 2012

The early news this week regarding the Euro drama sent yield’s on certain EU sovereign junk debt to new highs, yields on US debt to new lows and the US Equity markets down nearly 3%, before all found support at …