This was a historic quarter by any normal measure on Wall Street. The major indices had the worst start ever to a year, then stocks reversed on Feb 11th and the Dow had the largest positive reversal since 1933!
Here is a Year-To-Date Look At The Dow Jones Industrial Average:
Gold is one of the strongest performing assets this quarter:
http://garykaltbaum.com/wp-content/uploads/2016/03/11-DJIA.jpg7141072Gary Kaltbaumhttp://garykaltbaum.com/wp-content/uploads/2015/12/gary-k-logo7-390px.pngGary Kaltbaum2016-03-31 13:15:302016-03-31 13:16:52Chart Of The Day: Historic Quarter On Wall Street
Futures down…NASDAQ worse than DOW. Foreign markets pulling back after good week of gains. The thought process has not changed from anything we have been seeing. Two weeks ago, we wrote the report about “changing of the guard” in the market..and since, this is exactly what has happened. Relative strength in the market has been […]
GTX Inc (GTXI) has been trading since 2004. In the 2000s, it traded as high as $234. At those highs, it gave the company a $5 billion+ market cap. This in spite of the fact the company has never had any sales…not earnings…sales. Fast forward 14 years to yesterday. The stock closed just over $23, […]