Futures are up again. Forgot to mention yesterday gold stocks look like they are turning down again and energy goes deeper into the abyss. Bad day for energy prices…real bad day for energy stocks. Will have pre market movers before open.
About Gary Kaltbaum
This author has yet to write their bio.Meanwhile lets just say that we are proud Gary Kaltbaum contributed a whooping 4387 entries.
Entries by Gary Kaltbaum
Markets continue to have stronger opens and stronger days only to sell off into the close. The good news is the NASDAQ/NDX remains above the 50 day average and seems to continue to have the bid. Earnings on AMZN, FB, AAPL, GOOGL and others will be important. IBM, GS and JNJ good for about 150 […]
Mandate higher costs without productivity gains and… SOURCE: http://www.zerohedge.com/news/2017-04-18/harvard-shock-study-each-1-minimum-wage-hike-causes-4-10-increase-restaurant-failure
In spite of IBM down over 9 points…about 60 DOW points, futures up decently. Notice the Nasdaq and NDX both remain above the 50 day average while just about everything else remains a shade below. The good news is while there has been damage done, it is not of a long-term nature as just initial […]
GS and JNJ were culprits today. IBM a culprit after the close. Market not as bad as Dow down 113. But leave no doubt, market has lost sectors and market has lost energy. Getting tougher and going to get tougher as we get into the meat of earnings.
These were my real time thoughts of the day we spent at Auschwitz-Birkenau concentration camps! Checked out of hotel from Krakow. About a one hour drive. 10 minutes in, realized left passports in safe at hotel. Have to go back. This is not starting well. Our driver (I think his last name is Andretti) driving […]
201 S Orange Ave.
Orlando , FL 32801
Toll Free: 888-422-5559
- PRE MARKET NOTESApril 24, 2017 - 9:22 am
We do not rationalize why. We are of the belief that it’s not the news. It’s how the market reacts to the news. But since it is news, here is what is happening to cause the markets to jack to the upside this morning. The supposed pro EU, pro immigration “centrist” in France will now […]
- WEEKEND NOTESApril 23, 2017 - 8:15 pm
We had a sneaking suspicion it was best to wait before telling you our thoughts because there was something called a preliminary French election. We had a sneaking suspicion it would be a market mover even though we really don’t know why. As we write this, Dow futures are up 150 points. Keep in mind, […]
- RADIO SHOW 4/21April 21, 2017 - 8:02 pm