Greetings from snowy Denver. If this isnt a bear market, we hate to see what a bear market looks like. We say this because a few brave but idiotic market pundits were out today saying that we are still in a bull market. They are either nuts or full of crap with an agenda. If…
Stock Market Commentary: Stocks fell hard again on Thursday after China’s stock market was halted for the second time this week. In early afternoon trade, Reuters reported that China’s central bank is under increasing pressure to let their currency (the yuan) fall sharply by as much as 10-15%. Earlier today, China also suspended their new circuit…
Just wanted to reiterate something we said this morning in the report. On a short term basis: “Markets are now beyond oversold and stretched to the downside on a near-term basis. We suspect any day now to see some vicious rallying/bouncing but that will not change the big picture. Keep in mind, in bear markets, oversold can get…
“IT’S A FREAKING BEAR MARKET! PART 2! By Gary Kaltbaum-January 7,2015 garyk.com @GaryKaltbaum Fox News Business Contributor We disagree with the many who are saying this morning that this is just a correction in a bull market. We disagree with the many who said this all started this week. We disagree with the many that…
Stock Market Overview: U.S. stock futures are plunging once again ahead of Thursday’s open. Overnight, China’s stocks plunged another 7% and were closed after circuit breakers were triggered for the second time this week. This clearly is not a good sign to see a major stock market in the world plunge and close twice in one…
http://www.foxbusiness.com/economy-policy/2016/01/06/fomc-minutes/?intcmp=bigtopmarketfeatures
http://www.foxbusiness.com/markets/2016/01/06/oil-hits-fresh-11-year-low-as-odds-opec-cuts-slide/?intcmp=bigtopmarketfeatures
http://www.foxbusiness.com/economy-policy/2016/01/06/us-service-sector-grows-slower-than-expected-in-december/?intcmp=marketfeatures
http://www.foxbusiness.com/industries/2016/01/06/chipotle-served-with-federal-grand-jury-subpoena/?intcmp=bigtopmarketfeaturesside
