kaltbaum premarket

Really no reason to do anything this morning. The problem is that at 1230, the market will tank if the fed does not announce another round of printing of money. I say this because this market started going at 305 pm when it was announced central banks would be doing their thing…a direct correlation with currencies and the market. If they do announce another round of printing of money, not sure because the market has already moved on it…and is expecting it. Nevertheless, the market is in a confirmed rally.

I am headed for Europe tom0rrow. There will be no report tomorrow night as I will be traveling.  I am not sure about a premarket report on Friday but am sure will have a report during the day. I will be on cruise through the Greek Islands the next week where internet is plentiful. The only reason you wouldnt get reports is if the internet is not working…but not thinking it is an issue.

I will be back to you later in the afternoon after the maniacal fed does their thing.

CRUS was downgraded but remains strong. DLTR very strong. EBAY followed up yesterday and AAPL just needs to keep the 50 day.