Kaltbaum short note on the markets!
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Kaltbaum short note on the markets!

August 26,2015 3:10 pm They teased another nauseating reversal early on but: Notwithstanding another end-of day meltdown (it had better not), we would suggest that the most stretched, extended and oversold condition we have seen since 1987 is now going to start to work off the most stretched, extended and oversold condition we have seen…

THE MARKET THAT WANTS TO PISS EVERYONE OFF!
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THE MARKET THAT WANTS TO PISS EVERYONE OFF!

August 26,2015 By Gary Kaltbaum @GaryKaltbaum Garyk.com Fox News Business Contributor After yesterday’s sickening late day drop, we wake up this morning to see the market jacking back up again, pissing everyone off. Everyone who bought yesterday morning were sick by the close. Anybody selling at the close are sick this morning. WE HAVE ABSOLUTELY…

Notable quoteables from Gary Kaltbaum!
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Notable quoteables from Gary Kaltbaum!

Notable quoteables from Gary Kaltbaum from the past couple of days! Falling asset prices are either telegraphing a recession or will cause the recession. Asset bubbles live off of margin and leverage. The popping of the bubbles and subsequent drops are caused by that same margin and leverage. Tuesday’s late selling was not aunt Mary…