Entries by Gary Kaltbaum

PRE MARKET NOTES

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 […]

THE CLOSE

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 […]

PRE MARKET NOTES

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 […]

THE CLOSE

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 […]