6 MINUTES ON WHY WE CANNOT TRUST THIS ADMINISTRATION’S JUDGEMENT!
As usual Shepherd Smith nails it! SOURCE: http://newsbusters.org/blogs/tom-blumer/2014/09/19/shepard-smith-josh-earnest-admins-anti-isil-coalition-claims-something
Gary K on Fox Business Network Today Talking on Alibaba
Today is the much anticipated IPO for Alibaba Group. I will be sharing my thoughts on its debut with Gerri Willis on the FOX Business Network today between 5 and 6 PM ET. Brian Balsanek was kind enough to share this article from IBD. I’ve posted it below to share a little insight on the…
GARY ON THE MARKETS
It is pretty simple here. The DOW breaks out of a cup and handle. The SOX holds the 50 day and ramps right back up. FINANCIALS are breaking out all over. And away we go again. Just keep in mind, small caps still refuse to budge. ENERGY,REITS,GOLD,SILVER,METALS,ORES,CONSTRUCTION MACHINERY and a few other areas are still…
HOW MUCH MORE MONEY DO WE THROW AT THE WAR ON POVERTY?
SOURCE:http://dailysignal.com/2014/09/16/war-poverty-colossal-flop/
WHO NEEDS TO WAIT FOR OUR FED? CHINA NOW JOINING THE PRINTING PARADE!
We typically do not write in the middle of the day but things are getting noisy. And we are not talking about the market. We are talking central banks. While all the divergences are still out there, China announces 500 billion of printing and at the same time, Yellen leaks 0% for a long long…
GARY ON MONDAY’S GROWTH YONKING!
Monday’s action was a yonking of growth and the average stock while the DOW was up. While the DOW was up, the a/d was over 2-1 to the negative. While the DOW was up, new lows outpaced new highs…which is amazing. While the DOW was up, the Russell 2000 was down the equivalent of 200…
GARY ON THE MARKETS CHURNING UP HERE!
A lot to digest this week as underneath the surface, a lot of jello moving on the plate…and it is not in a good way. While the major indices are at or near recent highs: The small caps continue to woefully underperform. This theme has been going on for months. Bearish action can be found…
THE LEVERAGING OF JUNK BONDS! YEAH!
We have been telling you for a while now that the big bubble is in the bond market…specifically junk bonds. In fact, we are finding bonds that would have yielded 10% just a few short years ago…now yielding 5 %. We just found a bond that we bought yielding 5% a few short years ago,…
GARY ON THE MARKETS
We will have a bigger report over the weekend but had a couple of thoughts today. The market trades tight in here. There is a case for churning in where the market trades with no progress…leading to a change of near-term direction. There is also a case for this being the pause that refreshes before…