Is Grandpa for Real

Keith Schneider | June 30, 2019

The performance of the US Equities markets was a mixed bag as the Dow, NASDQ 100, and the S&P 500 closed down on the week. Meanwhile the IWM which has been lagging since the fall of 2018 came alive Friday, …


Risk Gauges Stuck in Neutral

Keith Schneider | June 23, 2019

US Equities markets ripped higher after the Fed announced it’s intention to lower rates ( coming soon to a bank near you ).US Equity benchmarks were up between +1.4%  and +3.3% depending on the poison you pick.

In fact the …


A Golden Market Memo?

Keith Schneider | June 16, 2019

US Equities markets digested gains from early June and ended the week  up about +.6% on average. The message is mixed with cyclical sectors not following the key indexes price performance.  Emerging markets submerged while soft  commodities firmed.

Gold and …


“A Little Help From My Friends (the Fed)”

Keith Schneider | June 9, 2019

US Equities got a lot of new help from one if its friends, the Federal Reserve.

Fed Chairman Powell stated that tariffs could shave some points off of growth, hence, a need to lower rates.

That spurred a vicious stock …


Not Your Ordinary Black Swan

Keith Schneider | June 2, 2019

US Equities got smacked once again, down more than -6% on average for the not so merry month of May. The trade war with China continues to escalate and a short term pop fizzled on Friday after Trump announced tariffs …


Geo-Political Stress and a Bear Flag

Keith Schneider | May 19, 2019

US Equities got hit yet again, led by Grandpa Russell, (IWM) which tanked -2.4% on week. The trade war with China escalated, as did tensions with Iran which sent Oil (USO) up almost +2%. Stocks went into a nasty retreat …


Just a Tweet Away

Keith Schneider | May 12, 2019

US Equities got hit hard, down -2.5%  on average, as the tariff war with China escalated. It sent stocks into a nasty retreat on a global basis. China got hit the hardest down -6.55%. In fact, there was not a …


Grandpa Russell (IWM) Awakes

Keith Schneider | May 5, 2019

Equities markets put in a respectable week as Fridays action turned things around from what was looking like a key reversal pattern. IWM was up almost +2% on Friday and +1.4 % on the week.  The catalyst was the  jobs …


GDP and The 3 Bears.

Geoff Bysshe | April 28, 2019

This week we learned that Q1 GDP rose more than expected (3.2% vs. 2.5% estimates.)

But that’s just the headline.

More importantly, there is the rest of the story.

If you look “under the hood” you’ll find 3 bears.

  • Exports

  • Housing Starts Stopping

    Keith Schneider | April 21, 2019

    The long-expected Mueller report (redacted) was finally released and the market hardly reacted. Meanwhile, most major US market indexes continued to march forward with the NASDQ 100 leading, up 1.28% over the last 5 trading days. One ominous sign is …