“BITCON AND MARKET NAUSEA!” By Gary Kaltbaum- November 20, 2018 And this was supposed to be a seasonally strong Thanksgiving week! And this was supposed to be a week where we didn’t have to write more than once. At least the Giants won two in a row. Let us start off by saying that as…
SOURCE: https://archives.warpradio.com/btr/investorsedge/111918.mp3
Holiday shortened week where supposedly, markets always go up. Futures flattish after being down most of the morning. AAPLE (AAPL) feeling some more pain on supposed cut in IPHONE orders. Leading groups are utilities, consumer staples, drugs, a few reits,a few healthcare names, exchanges like CME and ICE, and a few DOW names like a…
SOURCE: https://archives.warpradio.com/btr/investorsedge/111618.mp3
As we were pre-taping radio yesterday and telling everyone we thought another A LOW was put in yesterday, AMAT, JWN and NVDA reported earnings. May we say that was three giant matzoh balls. The A LOW call is still in tact but markets, especially SEMIS and TECH not going to help the cause. That was…
SOURCE: https://archives.warpradio.com/btr/investorsedge/111518.mp3
Another rough day. Any more and you will see many pundits that have been bullish and fighting the ugly all the way down…all of a sudden, be bearish. Coming to a theater near you soon. “GLOBAL ECONOMIC SLOWDOWN DEEPENS!” That’s the headline on the front page of the WSJ this morning. But not sure we…
SOURCE: https://archives.warpradio.com/btr/investorsedge/111418.mp3
The market had a good chance for a good day yesterday but fumbled the ball. The DOW was up 125 but finished down 100. The NASDAQ was up a whopping 120 but finished flat. We are never thrilled when markets reverse down but today is another day. Futures have moved up nicely in the past…
SOURCE: https://archives.warpradio.com/btr/investorsedge/111318.mp3
