Entries by Gary Kaltbaum

Required Reading Of The Day

A $1.75 billion state loan for Putin son-in-law Shkreli’s former company files for bankruptcy ISIS suffers double blow as Ramadi falls Puerto Rico to default on some debts, will pay GO debt Brussels New Year fireworks canceled over attack fears Chicago mayor to announce changes to police policy after shootings

The Closing Look

Stock Market Commentary: Stocks were relatively quiet on Wednesday as oil prices fell over 3%. Remember, oil is in a steep bear market and wild swings (up and down) are common in bear markets. Elsewhere, Pending home sales fell by 0.9%, missing estimates for a gain of 0.5%. This was the third decline in the past […]

The Morning Look

Stock Market Overview: As of this writing (6:17am), U.S. stock futures are slightly lower on the second to last trading day of the year. Stocks bounced nicely on Tuesday, led by the usual suspects (big glamour names). Oil prices rebounded on Tuesday which also helped lift many beaten down areas of the market. Remember, this is […]