THESE NUMBERS ARE SICKENING…AND THEY WANT MORE SPENDING

THESE NUMBERS ARE SICKENING…AND THEY WANT MORE SPENDING

(CNSNews.com) – The federal government ran a deficit of $292 billion for the first two months of fiscal year 2013 – October and November 2012 – amounting to $4.8 billion of borrowed money each day. “The federal budget deficit was $292 billion for the first two months of fiscal year 2013, $57 billion more than the…

20 MILLION TAXPAYER FUNDED GOVERNMENT WORKERS…NO WONDER WE ARE BROKE

20 MILLION TAXPAYER FUNDED GOVERNMENT WORKERS…NO WONDER WE ARE BROKE

(CNSNews.com) – The unemployment rate for civilian government workers plunged from 4.2 percent in October to 3.8 percent in November, according to the Bureau of Labor Statistics, as government added 35,000 to its taxpayer-funded payrolls during the month. In October, federal, state and local governments in the United States employed 20,524,000 people. In November, that climbed to 20,559,000….

kaltbaum premarket

kaltbaum premarket

Futures were down until the fake job’s number came out…nothing fabulous but a little better than expected though they revised last month down. The unemployment rate is now supposedly down to 7.7%.   But that’s the news…market has rallied about a half percent as I write this giving major indices the chance to move above…

12/06/2012: GARY ON NATIONALLY SYNDICATED INVESTORS EDGE RADIO BROADCAST

12/06/2012: GARY ON NATIONALLY SYNDICATED INVESTORS EDGE RADIO BROADCAST

https://archives.warpradio.com/btr/InvestorsEdge/120618.mp3 JUST LETTING YOU KNOW I’m very careful about every word I say on my radio show. So I did a dissertation yesterday on how great big stocks that have done so well – top out. That’s all I did. I went through the psychology. I went through the fear and greed. I went through…

kaltbaum email

kaltbaum email

The market has been churning in a narrow range the past few days with neither sellers nor buyers able to move the needle…but it will move…and probably tomorrow with the fake job’s report. My guess is a near term upside move…but it is only a guess. It is based on europe breaking into new highs,…

kaltbaum email

kaltbaum email

There is a reason I am playing light…market sucks…and breakouts are failing en masse. So why play? If I had a dollar for every email asking me why not buy QIHU off its breakout…you get the hint. As of this second, QIHU right back down…same for SSYS,DDD and anything else that tries to stick its…

12/05/2012: GARY ON NATIONALLY SYNDICATED INVESTORS EDGE RADIO BROADCAST

12/05/2012: GARY ON NATIONALLY SYNDICATED INVESTORS EDGE RADIO BROADCAST

https://archives.warpradio.com/btr/InvestorsEdge/120518.mp3 JUST LETTING YOU KNOW You know, I use this line on my radio show when we watch markets, “jello moving on the plate.” That’s line I use very often on my show. And basically that means, “all over the map.” Things moving this way. Things moving that way. Good. Bad. And I use the…