The China Syndrome

Keith Schneider | August 17, 2015

After a very shaky start to the week as markets reacted to the devaluation of the Chinese currency, US equity markets regained its footing and closed higher by the week’s end. It is unclear that radical measures by the Chinese …


Standoff

Keith Schneider | August 10, 2015

After a stellar performance in the prior week, US equities gave up its gains yet again putting the S&P 500 up about a 1% YTD, with the Dow Industrials down about 2%. If Trump was writing this column, he might …


Are You Nauseous Yet?

Keith Schneider | August 2, 2015

After the big selloff in the last days of June over the Greek crisis (remember that?) causing most global stock indexes to close down 2-3% or more, US stocks  recouped their losses in July with the exception of the Dow …


No Way Out

Keith Schneider | July 26, 2015

Stock Markets reversed this week, with the S &P 500 and QQQ each down over -2.1%. The big news was that Ray Dalio, head of Bridgewater, the world’s largest Hedge Fund threw in the towel on China. This is big …


The Grecian Formula

Keith Schneider | July 20, 2015

The global equities markets responded favorably to keeping Greece in the Euro. The S&P 500 had one of its strongest weeks recently, ending up over over 2% with the NASDQ 100 up over 5%, led by blowout earnings in Netflix …


Déjà vu all over again

Keith Schneider | July 12, 2015

Whether or not you are a Yogi Berra or Bill Murray fan, there is no mistaking that if it feels like we all have been here before. There is good reason. In case you might have forgotten, let me jog …


Cloudy

Keith Schneider | July 6, 2015

The double reverse surprise occurred this week when the equities market seemed stunned after Greece forgot to remit an interest payment to the IMF. US indexes sold off 2%, the largest one day move in several years. It also ended …


Cha Cha Cha Chan-ges

Keith Schneider | June 29, 2015

In a surprisingly eventful landmark week for President Obama, US Equities markets sold off yet again, after running hot the prior week. The SPY (S&P 500) moved back to the middle of its recent trading range while the Russell 2000 …


Throw Me a Lifeline

Keith Schneider | June 21, 2015

The Greek drama continues while its new administration called up all its lifelines. This ranged from pleading with its EU bankers to change terms, to potentially cozying up to Russia. The last thing NATO needs is Greece in Putin’s paws.…


Jurassic Charts

Keith Schneider | June 14, 2015

US Equity markets seesawed this week and ended marginally up, but the benchmark SPY closed under the 50 day moving average. The sagas of the Greek debt crises, when or if Yellen and the Federal Reserve will raise rates, along …