Entries by Gary Kaltbaum

PRE MARKET

The nascent topping of SOFTWARE turned into a route yesterday as the big money dumped the heck out of the group.  A bunch of names down $5-25 as the air came out. Take a listen to yesterday’s radio show for the explanation on why. The short version…in late stages of a bull move, the big […]

PRE MARKET

Futures are up. What else is new? We are heading into massive easing by the ECB and more easing here. Do not worry about anything else. (sarcasm) But the most important part of the equation is that the big 4 are now above the 50 day. The SOX is above the 50 day. We promise […]

PRE MARKET

Market strong yesterday on better than expected numbers. Market gets worse than expected numbers this morning. Still up a wee bit. Let’s see how this finishes but get the hint. On Wednesday, Bullard (Powell’s mouth piece) called for 1/2 point cut. We shall leave it at that as the big 4 back above the 50 […]