Entries by Gary Kaltbaum

PRE MARKET

Well that was ugly…a big distribution day in growth as the NASDAQ/NDX just about tag the 50 day moving average again. We have seen this before with every time, the 50 day holding and price turning back up. We will let market do the bidding here. Just keep a wide eye open. If the 50 […]

PRE MARKET

Futures down a wee bit. Trump raises the stakes on tariffs over the weekend but no harm done. Overbought, a little froth in marijuana…but indices act fine. BUT there remains many bearish areas…so not much has changed. We have been in tavel hell so bigger report tonight. Very quiet earnings week FDX, AZO, CPRT, MU…and […]

PRE MARKET

Strong day with a few warts yesterday. First off, indices act well. They were helped by the China/rest of world bounce yesterday. Keep in mind, lots of technical damage done so if higher, suspect we see some back and fill. Growth continues…no let up. The one area that is breaking down and badly is the […]

PRE MARKET

We believe there is a decent chance we saw a couple of changes recently, at least in the near term. As you know, we have been bearish on many areas of the globe. After months of us warning to avoid, many are now coming around to the fact these areas were in bear markets. We […]