Month: November 2018

Futures just rallied up to be flattish. Something about the G20. Keep the big picture in your sight. Down 2,000 DOW points in 9.5 days…1,100 of those points Thanksgiving week. Rally up off the fed about that same 1,100 into massive massive resistance. On top of that, except for the DOW, everything pretty much remains…

This past Monday, we called for A LOW…not because of strength but because how weak things were. The DOW dropped 1100 points Thanksgiving week and 2000 points in less than 10 days. We believe the fed just put in THE LOW. Readers of this column know for years we have thought markets and assets were…

-By Gary Kaltbaum- November 28,2018- -KOWTOW: “ACT IN AN EXCESSIVELY SUBSERVIENT MANNER!”- -Jay Powell just kowtowed to Donald Trump’s tantrum over a measly 2% Fed funds rate as well as a market correction. Looks like the president knows the easy money game. It is not hard for the president to check out a chart of…

The A LOW continues to bounce. Keep in mind the last time we called A LOW, the market rallied for a whopping 7 trading days before rolling over. These lows are occurring not because of strength but because of weakness. After all, the DOW dropped 1,100 points in 3.5 days last week and 2,000 points…

Strong day yesterday…today’s pre-market not so good.   Even with today’s open, we believe that near -term, another A LOW was put in. This does not change the big picture and that is just about everything is trading below longer term moving averages, leadership is almost nil and suspect there is plenty more time and…