Entries by Gary Kaltbaum

The Closing Look

Stock Market Commentary: Stocks opened lower on but closed higher on Thursday as the US dollar continued to fall gold continued to bounce. Oil prices fell and closed lower on Thursday after encountering resistance near January’s high. More stocks gapped down after reporting lousy numbers. Shares of Ralph Lauren plunged over 20% after reporting a […]

Central banks never stop!

“CENTRAL BANKS NEVER STOP!” February 4,2016 By Gary Kaltbaum garyk.com @GaryKaltbaum Fox News Business Contributor We were thrilled when we heard there were no central bank meetings in February. We want these people to go away for an extended vacation. We actually emailed the Fed with the suggestion of only 4 Fed meetings each year. […]

The Morning Look

Stock Market Overview:  Stock futures are down before Thursday’s open. After falling over 11% on Monday and Tuesday Oil prices soared over 8% on Wednesday as the US dollar experienced a huge single day decline. The major averages remain in lousy shape and continue to go nowhere fast as they pause to digest last month’s steep […]