Wish we had more to say…futures down a wee bit as it looks like the market may be settling into some rangebound action. This is not bad at all. The market does need rest. The market does not to work off some froth. The good news is that while it rests, the action underneath for areas like the semis remain strong. Have a great weekend. Will have weekely wrap up for you on Sunday.
BY GARY KALTBAUM- OCTOBER 23, 2018 “The sea was angry that day, my friends – like an old man trying to send back soup in a deli.” George Costanza So let’s recap what we saw, what we said and where we stand: World markets turned bearish months ago and never came back. The U.S. market […]
Futures are up…yippee! For a change, a strong last two days from China. China continues to ease even though they tell is economy grew at 6.5%. Hmm! Recently, while we have watched many flail away calling the bottom on every uptick, we have let the market dictate policy with its price action. To put it […]