Newsletter

NEAR TERM LOW BUT MAJOR TREND REMAINS DOWN

That was a crappy week but notwithstanding the Middle East really blowing up, we believe Friday’s action potentially puts in a near term low. But caution…in bearish phases,

kaltbaum premarket

On cue, a 1% gap to the upside today.   This started at noon on Friday. Everybody saying it was on news of the fiscal

kaltbaum weekend report

AMGN- Pulled below 50 day but just sitting below…will leave on for the second. EXPE- Sold down on PCLN/KYAK buyout but holds 50 day perfectly.

I MAY HAVE TO SIGN OFF ON THIS ONE

A new White House petition wants President Obama to nationalize the “Twinkie industry,” saving the popular junk food from possible extinction. “We the undersigned, hereby request Barack

kaltbaum midday

Headline that Speaker Boehner says meeting with the President was ‘constructive’   That’s the news that just came out. The DOW immediately rallied 80 points

kaltbaum pre market

Futures were flat until the White House said something about spending cuts…blah blah blah…and now futures up decently. Now…that’s funny. The new market “waiting with