The big story this morning is IBM as it is up almost $10. IBM reported lower earnings and sales from the year before but BETTER THAN EXPECTED. Of course, IBM used about an 11% tax rate. But in the spirit of IT’S NOT THE NEWS, IT’S HOW MARKETS REACT TO THE NEWS, we take no […]
About Gary Kaltbaum
This author has yet to write their bio.Meanwhile lets just say that we are proud Gary Kaltbaum contributed a whooping 4800 entries.
Entries by Gary Kaltbaum
What a turd. Puts others in harm’s way for his cowardice…and we traded 5 Taliban prisoners for him. I guess one can argue after all, he is an American. I guess! Source: http://www.cnn.com/2017/10/16/politics/bowe-bergdahl-guilty-plea/index.html
GS up about $2.80 in the Dow. After being up a few last night, NFLX now down almost $1. Lots of spending going forward. MS up about 1.5%. UNH up $4 in the Dow. JNJ up $1 in the Dow. HOG down $1.50. BMI down about $9 big dollars. After the close: IBM, UAL, CP. […]
To state the obvious facts, for the past 3 weeks, groups like semis, China ADRs, tech, internet have been en fuego. Normally, you get ebb and flow, which means pullbacks and rallies. This is the definition of persistence that does not allow entry. On top of that, it is all occurring pre-earnings reports. We have […]
201 S Orange Ave.
Orlando , FL 32801
Toll Free: 888-422-5559
- RADIO SHOW 10/23October 23, 2017 - 10:45 pm
- PRE MARKETOctober 23, 2017 - 9:06 am
Futures are up…duh! Never going down again. Earnings this week: Monday- STT,VFC,V Tuesday- Before open: AMTD, ATI, BAX, CAT, CNC, EDU, FITB, FCX, GLW, JBLU, LMT, LLY, MMM, MAS, MCD, NVS, PCAR, R, SWK After close: CHRW, CNI, COF, CMG, DFS, EW, ESRX, IRBT, P, T Wednesday- Before open: ALK, ANTM, AVYM BA, GD, GM, […]
- WEEKEND NOTESOctober 22, 2017 - 6:40 pm
To be repetitive on the sentiment front: Sentiment remains off the charts bullish. Markets remain verrry overbought as price is stretched and extended. BUT…as we have always told you, sentiment is not a pinpoint indicator. Very often, too bullish sentiment can stay on the high side for a while. So, watch price…and to this minute, […]