kaltbaum premarket

Starting to see outperformance by foreign markets over our markets. Not sure what it means…possibly the fact that other areas around the world following our lead in printing money. Europe up nicely today as Germany announced something with Spain debt blah blah blah.

 

Yesterday was day one of attempted rally but I must tell you…not sure I want to wait for a follow through day to buy. Seeing a few things of interest but will be spectator on open this morning. Futures up nicely on S&P…less on NDX.

 

We did some nice selling recently and want to make sure before jumping in. It is good that dow,s&p held the 50 day yesterday…and suspect it holds for this second.