The Sigh Of Relief!
“THE SIGH OF RELIEF” By Gary Kaltbaum @GaryKaltbaum garyk.com Fox News Business Contributor (From yesterday 3:10 pm) “Notwithstanding another end-of day meltdown (it had better not), we would suggest that the most stretched, extended and oversold condition we have seen since 1987 is now going to start to work off the most stretched, extended and…
Venezuela Is Adding More Zeroes to Its Currency to Deal With Hyperinflation
http://www.bloomberg.com/news/articles/2015-08-26/venezuela-said-to-ready-larger-bank-notes-as-inflation-soars
The Nonsense Continues… Market turmoil makes September rate hike ‘less compelling’: Fed’s Dudley
http://www.reuters.com/article/2015/08/26/us-usa-fed-dudley-idUSKCN0QV1ND20150826
How the Fed Usually Reacts to Declines in the Stock Market
http://www.bloomberg.com/news/articles/2015-08-26/goldman-looked-back-at-how-the-fed-usually-reacts-to-declines-in-the-stock-market
Investing In A Volatile Market – @FoxBusiness
https://video.foxbusiness.com/v/4445156214001/if-youre-invested-stay-invested?intcmp=marketfeatures
Required Reading Of The Day
Street Regains Momentum, Surges to Session Highs Dudley: Sept Rate Hike ‘Less Compelling’ Schlumberger to Buy Cameron for $14.8B Saudi Arabia Squeezed by Oil Swoon Copper Drops as China-Led Demand Concerns Persist
Investor’s Edge: 08/26/2015
Investor’s Edge: 08/26/2015
Kaltbaum short note on the markets!
August 26,2015 3:10 pm They teased another nauseating reversal early on but: Notwithstanding another end-of day meltdown (it had better not), we would suggest that the most stretched, extended and oversold condition we have seen since 1987 is now going to start to work off the most stretched, extended and oversold condition we have seen…