Month: December 2018

-By Gary Kaltbaum- Midday December 6, 2018- -OK…it’s a long day but how about a potential positive for a change…BUT JUST FOR THE NEAR TERM!- -Since we are being asked…a couple hours ago we noted how strong TECH/INTERNET/GROWTH/BETA was in relation to the DOW being down 700. As we write this, the DOW is still…

Tonight, futures are down over 300. The latest: “A top executive and daughter of the founder of the Chinese tech giant Huawei was arrested on Saturday in Canada at the request of the United States, in a move likely to escalate tensions between the two countries at a delicate moment.” AND…Senator Ben Sasse, a Republican…

-By Gary Kaltbaum- December 4, 2018- -The hope that the rally would turn into more than a bearish market rally is now dwindling. The hope that pullbacks would be controlled and rotational just aint happening. We called A LOW last Monday and THE LOW last Wednesday off the Fed…but now think that’s it for the…

The gap held decently yesterday but you can tell after 1600 Dow point in 5 days and a gap that the move could get pooped out. This morning, we open on a pullback but not as bad as overnight as the administration sends everyone out to tell everyone China deal will be fine. Of course,…

Market indeed gaps up. Bear market turns into bull market in less than a week off of a major change by the fed and not so major change with China trade. Normally, we could care less about the news but when the fed is involved, it is more than material. MARKETS ARE NOW RIDICULOUSLY STRETCHED,…