Entries by Gary Kaltbaum

PRE MARKET

Laughable analyst move of the day: “Tesla target raised to $500 from $470 at Berenberg!” The stock has been weak, trading at $277 yet a ridiculously far away $470 price target gets raised for one reason…to juice the stock. Just laughable. Futures up nicely off of the fake trade war that never was a trade war.  China […]

PRE MARKET

AMAT down decently pre market which has led to LRCX down $7 and other SEMIS following suit. Something to watch. NDX futures down decently but RUSSELL hardly down. Small caps have been leading. OILS now VERY extended off another strong day yesterday. RETAIL acts well…a few names breaking out. With rates higher, UTILITIES, HOUSING, REAL […]

COSTS!

By Gary Kaltbaum- March 17, 2018 We just wanted to alert you to some very important facts. Not opinion…facts! These numbers must be watched as very important costs continue to go up. Cost of energy, cost of borrowing, cost of doing business. All evidence in is that the economy remains in decent shape. After all, […]

PRE MARKET

Futures down modestly on the S&P but down decently on the NDX. CSCO not helping. NTES whacked. Others to the downside are PLCE, ACXM, TTWO, JACK. On the upside are BZUN, DDS, WMT, MLNX, WWE. Yesterday was about RETAIL as a few names moving out of range. NKE, M, URBN,come to mind but also good […]