We told you two things recently…that a low was put in on last Wednesday’s washout (for now…and in a bear market) but expected things to be jagged. The past four days of the Dow were +210, -208, +292 and -222…and now we walk into another gap to the upside. Yesterday, Apple affected things negatively. Today, Facebook affects […]
About Gary Kaltbaum
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Entries by Gary Kaltbaum
Stock Market Overview: Stock futures are strong on Thursday as the market does the usual about-face from whatever happens on Fed day! Gary’s Thoughts: Facebook a huge help. It has helped the NDX but also enabled but Google and Amazon to get back the large losses from yesterday. Hey…you play this! Just remember, the low from last Wednesday […]
Fed keeps interest rates steady, closely watching global markets Wall Street turns red after Fed fails to impress White House declines comment on Johnson Controls deal to buy Ireland-based Tyco Sheriff: ‘No more blood’
Stock Market Commentary: Stocks fell hard after the Fed concluded its 2-day meeting on Wednesday. The Fed held rates steady but left the door open for a possible rate hike in the future. The market was looking for a more dovish stance whereby the Fed would signal that they are not going to raise rates […]
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- RADIO SHOW 2/22February 23, 2018 - 7:42 am
- PRE MARKETFebruary 23, 2018 - 7:39 am
What? You have never seen a 12% drop in days? Massive thousand point reversals? How about on Wednesday of this week? Up 300 at 230 pm, only to drop 470 points by the close. How about gains cut in half yesterday with the NASDAQ giving it all back? We have a pattern. Big gaps to […]
- HOW’S THAT SOCIALISM?February 22, 2018 - 9:19 am