Stocks finished well but nominally on Wednesday. Overnight, Moody’s Investors Service cut the outlook on China’s credit rating from stable to negative which bodes poorly for the global market. In the U.S. MBA Mortgage applications fell -4.8%, lower than the last reading of -4.3%. ADP, the country’s largest private payrolls company, said private employers added […]
About Gary Kaltbaum
This author has yet to write their bio.Meanwhile lets just say that we are proud Gary Kaltbaum contributed a whooping 5253 entries.
Entries by Gary Kaltbaum
Supreme Court divided in high-stakes abortion case U.N. imposes harsh new sanctions on North Korea over its nuclear program Samarco to pay at least $5 billion in Brazil dam spill deal: source Huge quake strikes off Indonesia but tsunami warnings canceled Mexican drug lord Guzman seeks to speed up extradition to U.S.
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- PRE MARKET- ENERGYJune 22, 2018 - 9:11 am
Whatever OPEC decided to do has energy prices spiking. ENERGY STOCKS are gapping up nicely. There has been a lot of deterioration in this area recently, the opposite of what it did into the highs of mid-May. If a low is in, this would be a big help to some indices. Of course, will not […]
- PRE MARKETJune 22, 2018 - 8:46 am
Futures bouncing but our themes do not change. The DOW remains worse than everything…S&P better…NASDAQ/NDX/RUSSELL lead. The best pulled back yesterday.The worst has been ugly. Let’s just add in a lot of world markets are under severe pressure. Notwithstanding bounces, look at EEM, EFA, RSX, FXI, EWZ, TUR and others. Wow! This is what happens […]
- RADIO SHOW 6/21June 21, 2018 - 11:27 pm