Not a great day yesterday but not the end of the world. FINANCIALS were strong as C reversed early losses to have a strong gain. That could change for FINANCIALS this morning because JPM had its first miss since 2014. Notwithstanding another reversal to the upside, JPM is trading down $2.60…as we write this. Futures […]
About Gary Kaltbaum
This author has yet to write their bio.Meanwhile lets just say that we are proud Gary Kaltbaum contributed a whooping 5584 entries.
Entries by Gary Kaltbaum
A FEW FACTS: Just about everything has rallied up into, near or on massive overhead resistance where markets had a “waterfall” breakdown or the declining 50 day moving average. In bear markets, this is where or around it is normal to fail…or start failing. This means we would get another topping process of a few […]
The best thing the market can do now is to pull back…even have a scare day or two. Major indices are into major and we mean major resistance as well as the declining 50 day moving average. It would be normal anyhow to stall and pull back after going coast to coast in sentiment. A […]
You Don’t Want To Miss This Webcast! Characteristics And Rules Of Bear Markets This webcast is available On-Demand and will be sent to your inbox after you sign up Click Here To Sign Up…
-“OUR JAY POWELL INTERVIEW”- -We love David Rubenstein. David Rubenstein is an “American financier and philanthropist best known as the co-founder and co-executive chairman of The Carlyle Group!” We have followed his great career as well as his great interviews on Bloomberg. Mr. Rubenstein had an interview with Jay Powell today at some Economics Club. The […]
We remain in rally mode off of some of the most oversold, stretched and extended conditions to the downside we had seen since the 87 crash. Price on the upside has still not satisfied buyers. We are now in the midst of massive overhead resistance, the place where the ‘waterfall” dropped occurred. We are not […]
201 S Orange Ave.
Orlando , FL 32801
Toll Free: 888-422-5559
- YESTERDAY/PRE-MARKETJanuary 23, 2019 - 8:49 am
Not a thrilling day yesterday…but ramped a bit into the close as the confusion out of the White House continues on trade. We think we heard 3 different stories yesterday. We are of the camp that yesterday’s highs will be the highs for now but earnings earnings earnings. This morning, DOW futures best as IBM […]
- RADIO SHOW 1/22January 23, 2019 - 8:43 am
- PRE MARKETJanuary 22, 2019 - 9:11 am
Futures down but that’s after being up another 300+ on Friday. We are actually in hopes of pullbacks. Markets need one or two to set things up better. Maybe this starts one. Most all early weakness has been bought so far. Massive amount of earnings next two weeks. Patience here. More tonight.