Entries by Gary Kaltbaum

PRE MARKET AND MORE NAUSEA

Another rough day. Any more and you will see many pundits that have been bullish and fighting the ugly all the way down…all of a sudden, be bearish. Coming to a theater near you soon. “GLOBAL ECONOMIC SLOWDOWN DEEPENS!” That’s the headline on the front page of the WSJ this morning. But not sure we […]

WEEKEND NOTES AND PRE MARKET

As we write this now, futures nicely down. LITE just warned and warned badly. The stock is down over 30% in pre market: Lumentum cut its fiscal second quarter earnings and revenue guidance sharply today, saying one of its largest Industrial and Consumer customers for laser diodes for 3D sensing requested Lumentum materially reduce shipments […]

PREMARKET

Futures down a wee bit after a strong day yesterday. By the book: Wednesday’s action was a clear, high volume, follow through day. Some say it was because of the election. We could care less. We have been wary of this rally though we called A LOW last Wednesday. There has been no bases. There […]