01/31/2013: GARY ON NATIONALLY SYNDICATED INVESTORS EDGE RADIO BROADCAST

Miss Today’s Show? Listen To The Full Show Now!

Listen To Today’s Show 

Few Highlights From Today’s Show:

  • Look Out For Stocks That Look like CLSN: Gary gives you important clues on what to look for when buying stocks. CLSN plunged 81% on Thursday!
  • Market Wrap & Sector Analysis:  Gary provides an in-depth view of the current state of the market, covers the important events that happened on Wall Street today.
  • After Hour Highlights & Movers of the Day: Gary covers all the big movers of the day and guides you through the important after hours action.
  • GDP And Why You Have To Do Your Own Homework: Find out what Gary thinks about last quarters GDP.

Listen To Gary’s Archives Here:

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Best of Investor’s Edge
Saturdays 1-2 am EST

Gary Kaltbaum owns Kaltbaum Capital Management, LLC (“KCM”), an investment adviser registered with the U.S. Securities and Exchange Commission. The opinions expressed herein are those of Mr. Kaltbaum and may not reflect those of KCM. The information offered in this publication is general information that does not take into account the individual circumstances, financial situation or individual needs of an investor. The information herein has been obtained from sources believed to be reliable, but we cannot assure its accuracy or completeness. Neither the information nor any opinion expressed constitutes a solicitation for the purchase or sale of any security. Any reference to past performance is not to be implied or construed as a guarantee of future results.

IT’S THIS SOUND ECONOMIC THINKING THAT THRILLS ME!

 Liberal economist and New York Times columnist Paul Krugman said Wednesday that the U.S. is not in danger of a collapse, and the U.S. won’t run out of cash because “we can print the money.”

“The United States is a country that has its own currency – can’t run out of cash, cause we print the money. If you even try to think what would happen – suppose that investors get down on the United States. Even so, that would weaken the dollar, not send interest rates soaring, and that would be good. That would help our exports,” Krugman said on C-SPAN’s “Newsmakers.”

SOURCE: http://cnsnews.com/news/article/krugman-we-can-print-money

YOU BACKED IT EVEN THOUGH YOU HAD NO IDEA WHAT YOU WERE BACKING. NOW YOU DON’T LIKE IT! FABULOUS!

Some Unions Grow Wary of Health Law They Backed

The Wall Street Journal

Labor unions enthusiastically backed the Obama administration’s health-care overhaul when it was up for debate. Now that the law is rolling out, some are turning sour.

Union leaders say many of the law’s requirements will drive up the costs for their health-care plans and make unionized workers less competitive. Among other things, the law eliminates the caps on medical benefits and prescription drugs used as cost-containment measures in many health-care plans. It also allows children to stay on their parents’ plans until they turn 26.

To offset that, the nation’s largest labor groups want their lower-paid members to be able to get federal insurance subsidies while remaining on their plans. In the law, these subsidies were designed only for low-income workers without employer coverage as a way to help them buy private insurance.

Source: http://finance.yahoo.com/news/unions-grow-wary-health-law-034700539.html?l=1

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kaltbaum email

MA is a failed gap as of this second. A failed gap is when it simply sells off on perceived good news. I will be watching the rest of the day and advise. It is only 1030 and has already done a couple of round trips.

kaltbaum premarket

 

Lots going on this morning:
 
First off, looked at earnings for MA…and said CRAP…thought it would be gapping down…but instead it is up $20. I would like to jump for joy but it is only about a 4% move but will take it.
 
Gaps this morning are FTNT,JDSU,SWKS,ERIC,CTXS,ALGN,NOW,CNX,QCOM,LVS,UA,TSCO,PBI,PCAR,
AN,BX,OXY and that’s all to the upside. FB,FIO,CNQR,UPS,DOW,CL,POT,VIAB are down with PHM down a wee bit.
 
Futures are down even though there are those gaps….
 
I have nothing new right here…scared s—less that market remains overdue. Also…fewer and fewer set-ups here.
 
Taking a glance…just notice that transports,small caps and mid caps…which have led…may have hit pothole yesterday.

kaltbaum email

We take the pedal off the medal here as I am seeing some signs that dont thrill. The 3D stocks like DDD/SSYS, which have led…cheesed. RAX failing. Wide and loose AMZN…combined with the very extended market…and we kick back. Doesn’t mean we go and sell…just kick back. Nothing wrong with a little pullback from time to time. Separates the men from the boys. Will cover trading tactics in the morning.

01/30/2013: GARY ON NATIONALLY SYNDICATED INVESTORS EDGE RADIO BROADCAST

Miss Today’s Show? Listen To The Full Show Here!

Listen To Today’s Show 

Few Highlights From Today’s Show:

  • Market Due For a Short Term Pullback? Gary gets specific and goes though some important sectors
  • Market Wrap & Sector Analysis:  Gary provides an in-depth view of the current state of the market, covers the important events that happened on Wall Street today, and highlights several leading sectors in the market right now.
  • After Hour Highlights & Movers of the Day: Gary covers all the big movers of the day and guides you through the important after hours action.
  • Gary’s Take On the Fed: You are going to have to listen to get his take- and trust us- it is a GOOD!
  • Apple Losing Its “Cool” Factor On Campus?. Find out what that means for Apple’s stock?

Listen To Gary’s Archives Here:

LISTEN TO GARY LIVE ON WEEKDAYS 6-7 PM ON A STATION NEAR YOU AND AT GARYK.COM

6-7 pm EST

Best of Investor’s Edge
Saturdays 1-2 am EST

Gary Kaltbaum owns Kaltbaum Capital Management, LLC (“KCM”), an investment adviser registered with the U.S. Securities and Exchange Commission. The opinions expressed herein are those of Mr. Kaltbaum and may not reflect those of KCM. The information offered in this publication is general information that does not take into account the individual circumstances, financial situation or individual needs of an investor. The information herein has been obtained from sources believed to be reliable, but we cannot assure its accuracy or completeness. Neither the information nor any opinion expressed constitutes a solicitation for the purchase or sale of any security. Any reference to past performance is not to be implied or construed as a guarantee of future results.

PUMP-PUMP-PUMP-PUMP-PUMP! MR. BUBBLE KEEPS PUMPING!

Fed keeps stimulus in place as economy “paused”

 By Alister Bull and Pedro da Costa

WASHINGTON | Wed Jan 30, 2013 2:54pm EST

(Reuters) – The Federal Reserve on Wednesday left in place its monthly $85 billion bond-buying stimulus plan, saying economic growth had stalled but indicating the pullback was likely temporary.

Describing the nation’s job market as continuing its modest pace of improvement, the Fed repeated a pledge to keep purchasing securities until the outlook for employment “improves substantially.”

“Growth in economic activity paused in recent months, in large part because of weather-related disruptions and other transitory factors,” the central bank said after a two-day meeting.

Source: http://www.reuters.com/article/2013/01/30/us-usa-fed-idUSBRE90T0TF20130130

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DON’T WORRY. ALL IS WELL!

The nation’s long-term fiscal outlook hasn’t significantly improved following the recent agreement between Congress and the White House over tax and spending issues, according to a new analysis.

The “fiscal cliff” deal, combined with the debt-limit agreement of August 2011, only slightly delays the United States reaching debt-to-gross domestic product levels that would damage the economy and risk another fiscal crisis, according to a report from the Peter G. Peterson Foundation released on Tuesday.

source: http://thehill.com/blogs/on-the-money/economy/279857-report-fiscal-outlook-not-improved-by-debt-deal#ixzz2JTgLvuo9

WE LOVE SANTELLI!

Rick Santelli Responds to Negative GDP Report: ‘We Are Now Europe

Rick Santelli made a stunning observation Wednesday about the shocking report that the economy actually shrunk in the fourth quarter last year.

“We are now Europe,” he declared on CNBC’s Squawk Box.

Source: http://newsbusters.org/blogs/noel-sheppard/2013/01/30/rick-santelli-responds-negative-gdp-report-we-are-now-europe#ixzz2JTHtLTJv