Yesterday’s bear market lasted 3 hours. Need we say more. Futures are up. Now watching Biotech. IBB in big base. No other changes. Many are talking about higher rates. We have news for them. We are still sitting down at 2.56% on the 10 year and 2.91 on the 30 year. Relax! That said, we […]
About Gary Kaltbaum
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Entries by Gary Kaltbaum
A few thoughts in and out of the market: Immigration: Not one person will be deported out of DACA. Not one. The coins: Kodak (KODK) announces a coin. Goes from $3.10 to $6.80 yesterday. Trading at $11.50 this morning. But there is no bubble! Notice many of the other “questionable” blockchain/coin stocks have been slaughtered. […]
By Gary Kaltbaum In a nutshell, in one glance, we are able to see the rewards of good policy and the repercussions of bad policy. I was doing my usual scanning of the news and right about the same time, I found two reports with two different outcomes. Those that have listened to the radio […]
Dow up as GS,BA,JNJ, TRV up nicely early. FINANCIALS also working this morning. They have been sitting tight recently. Not a lot to add. Still…not an inch of pulling in. Not an inch of sellers…except a few weak areas like utilities and real estate. And lastly…Tim Hortons reduces employee benefits because of minimum wage hikes. […]
Futures flat but a few names lifting numbers in PLCE, LULU, MZOR and DRI. Always good to see raised numbers. A gargantuan return from the holidays as the boys were relentless last week piling into the markets. We would like to tell you there were some holes but they were few and far between. In […]
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- RADIO SHOW 1/17January 17, 2018 - 9:00 pm
- PRE MARKETJanuary 17, 2018 - 9:07 am
Don’t worry about a nasty, high volume reversal. We’ll just gap it up the next day. Strong open awaits. I will stay silent about it except to say: I have been taught and have studied that changes in trend often occur with violent action after a large drop in price or after a large rally […]
- RADIO SHOW 1/16January 16, 2018 - 10:33 pm