Author: Gary Kaltbaum

Stocks were quiet on Monday as oil prices fell by over -3%. In recent sessions, oil flirted with resistance near $50/barrel and is now pulling back a bit. In M&A news, Pfizer ($PFE) said it will acquire Medivation ($MDVN) for $81.50/share, or about $14 billion in cash. Medivation has one big cancer drug that attracted Pfizer to…

Market Update: Stock futures are higher ahead of Tuesday’s open as the market remains strong. Gary’s Thoughts: Futures are up just beacause. Watch financials and watch major indices from the past few week’s tight action. A move above and …. Economic Data: Redbook 8:55 AM ET New Home Sales ]10:00 AM ET Richmond Fed Manufacturing Index 10:00 AM ET…