kaltbaum premarket

Futures down a wee bit…oh my God…the German Dax is down..but nominally.

 

I walk in and see GOOG up $13 and AAPL down $7. Why? Only news I see is GOOG releasing mapping app on iphone. Ok! GOOG opens back ABOVE the 50 day which is potentially very important. The problem with the stock is the inconsistent earnings leading to a lot of gaps to upside and downside. Sales growth not an issue.

 

Otherwise…I would love to see a little pullback. My guess is market rallies into year end…at the very worst, it sits. Only 11.5 days left of trading this year. Watching names like FBHS,RYL and amazingly, airlines show up on my screen.