Entries by Gary Kaltbaum

The Closing Look

Stock Market Commentary: Stocks fell hard on Friday as oil prices plunged nearly 5%. Stocks tried to bounce on Thursday but the fact that they can’t bounce from deeply oversold levels shows you how weak the market is right now. Stocks will be closed on Monday for the holiday but markets overseas will be open. […]

The Morning Look

Stock Market Overview: U.S. stock futures are down big on Friday giving back most Thursday’s strong upside reversal. Once again oil prices are tumbling and global markets are selling off. We have mentioned countless times that the market was deeply oversold and way over due to bounce. The inability to bounce speaks volumes to how […]

Required Reading Of The Day

How an Indonesian cafe owner turned toward jihad Pentagon: U.S. sailors made ‘navigational error’ into Iranian waters Belgian-Moroccan was third person killed in post Paris attack police raid Three winning jackpot tickets in U.S. for $1.6 billion Powerball U.S. jobless claims rise; import prices sharply weaker Alex gusts into first hurricane formed in January since […]