Entries by Gary Kaltbaum

MARKET WRAP

We now tape radio that airs at 6 pm because of the virus situation. When we taped today, we made sure to mention that the nasdaq/tech/sox were doing the opposite of Monday. On Monday, they led big time. Today, lagging. Markets sold off into the close led by guess what? Those areas. Not sure what […]

MARKET WRAP

Well…we told you after the close yesterday that we expected some sort of rally as tech/semis/nasdaq were shining underneath the surface of the DOW down 562 points. Little did we know we would gap up around 1,000 and finish over 2,100. Just a few thoughts: More of central banks taking over the market. We hear […]

3/23 MARKET WRAP

All day, we were seeing and saying how much the NASDAQ/SOX/TECH was outperforming the rest of the market. We saw it on Friday until markets tanked into the close but even Friday showed relative strength. Today it was that much more. With the DOW still down 582 points today, the NASDAQ was down a measly […]

PRE MARKET NOTES ON MARKETS/VIRUS

The people who have enabled/created all the leverage, debt and deficits are at it again. https://www.federalreserve.gov/newsevents/pressreleases/monetary20200323b.htm So just create more money out of thin air. The kitchen sink and the kitchen now thrown in.  Just know we have been highlighting for years that every time markets would get in trouble, these same people gave the […]