About Gary Kaltbaum
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Entries by Gary Kaltbaum
After a good day yesterday, futures are down this morning on a few things. London FTSE and rest of Europe down. The PM of the UK calling for early elections. Goldman (GS) down $6 on earnings miss…about 40 Dow points. Yesterday’s stronger day enables us to define support levels: Russell 2000 1335-1340…S&P 2322-2328…Dow 20,412…NYSE 11,324…XLF […]
Back in the good old U.S. of A. Jet lag city but had a great trip. Will have a full report on market tonight but tomorrow, my retro-diary of my real-time thoughts on my trip to Auschwitz. As I walked, I posted my thoughts to myself and will put them up in the next day. […]
Well, you know where we have stood and you know where we stand. If we had to draw up a day to look real crappy, it would have been today. Two things stand out. They opened the financials up on the earnings reports…AND SOLD THEM DOWN. That is the definition of distribution…with financials finishing a […]
Just finished the Schindler factory tour. WOW! Later the Auschwitz-Birkenau concentration camps. Those that know me know that if I have 5 drinks each year, it is a big year. May double that after the visit. Will say more over the weekend but first…MESSAGE TO TRUMP! DO NOT TALK ABOUT THE MARKETS. DO NOT TALK […]
Greetings from Krakow, Poland where soon we will be heading to the Auschwitz and Birkenau concentration camps. You hear that Sean Spicer? Dude! Just go to google.com and you will know what went on there. Markets continue the topping process while major indices are down just a few percent from the highs. We have been […]
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- 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