In our October 30 edition of market outlook, we highlighted that several months of market consolidation coagulating just a few percent from market highs was a recipe for something big to happen with the presidential elections as the tipping point. …
Equity markets closed down every day this week, breaking support and the 6-week trading range while Trump gained in the polls. Call it cause and effect. The S&P 500 dropped almost -2% for the week, down almost -6% from all- …
Artist: JR Lancaster
From: Schneider Art Collection
Market Outlook October 30, 2016
By Keith Schneider
The unique and rare compression pattern in US equites was nearly broken Friday when news surfaced that Hillary Clinton is back under FBI investigation. The …
Stocks and bonds were relatively quiet this week.
Even the final presidential debate could not get the major averages to choose a side (bullish or bearish).
Perhaps this is because the machines are driving the day to day action right …
“Russian Parliament in Session”
Adding to the circus like election atmosphere, longtime Putin ally and state award winner Vladmir Zhirinovsky, a wacky ultra right wing Russian lawmaker, made a stunning endorsement. He advised US voters to vote for Trump in …
US Equity Markets continued to mark time by staying locked in tight trading range of 3% since digesting the Brexit vote.
The comedy show called the US presidential elections took center stage Friday as the Trump faux paux de jour …
The media loves to tell scary stories about the performance of the S&P 500 in October.
It’s not hard to do with the crash of 1987 which left October down 21%, and more recently October 2008 which shed about 17% …
The long awaited and much debated will she or won’t she was finally decided this week and for now markets pretty much liked what the Fed did which is nothing.
Key US Equity Indexes ended up about 1% with the …
Equity Markets calmed down this week, digesting the mini meltdown on Sept 9. After factoring in the dividend payment on Friday, the S & P 500 closed up + .52%. Thanks to Samsung going up in smoke, Apple roared, lending …
In classic fashion, equity markets gave up all of its gains since mid-July on a panic selloff this Friday as key US equity indexesended the day down around – 2.5%, the first drop greater than 1% in 2 ½ months. …
