THE OPEN

ByGary Kaltbaum October 4, 2019

Strong open this morning after good reversal yesterday BUT:

Markets were very oversold yesterday and pulled back into the longer term 200 day.

Leadership…what leadership? Ok AAPL acts with good r/s.

Not sure any rally/bounce lasts as the technical condition just not that great.

Have a great weekend.

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Gary Kaltbaum owns Kaltbaum Capital Management, LLC (“KCM”), a state registered investment adviser. The opinions expressed herein are those of Mr. Kaltbaum and may not reflect those of KCM. The information offered in this publication is general information that does not take into account the individual circumstances, financial situation or individual needs of an investor. The information herein has been obtained from sources believed to be reliable, but we cannot assure its accuracy or completeness. Neither the information nor any opinion expressed constitutes a solicitation for the purchase or sale of any security. Any reference to past performance is not to be implied or construed as a guarantee of future results.

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