Market Look

This past Monday, we called for A LOW…not because of strength but because how weak things were. The DOW dropped 1100 points Thanksgiving week and 2000 points in less than 10 days. We believe the fed just put in THE LOW. Readers of this column know for years we have thought markets and assets were…

-By Gary Kaltbaum- November 28,2018- -KOWTOW: “ACT IN AN EXCESSIVELY SUBSERVIENT MANNER!”- -Jay Powell just kowtowed to Donald Trump’s tantrum over a measly 2% Fed funds rate as well as a market correction. Looks like the president knows the easy money game. It is not hard for the president to check out a chart of…

The A LOW continues to bounce. Keep in mind the last time we called A LOW, the market rallied for a whopping 7 trading days before rolling over. These lows are occurring not because of strength but because of weakness. After all, the DOW dropped 1,100 points in 3.5 days last week and 2,000 points…

Strong day yesterday…today’s pre-market not so good.   Even with today’s open, we believe that near -term, another A LOW was put in. This does not change the big picture and that is just about everything is trading below longer term moving averages, leadership is almost nil and suspect there is plenty more time and…

By Gary Kaltbaum- November 26, 2018 Hey…the market is up this morning. Not to throw cold water on any rally but let’s just remember, in just the past 9.5 days, from peak to trough, major indices have dropped 7-10%. On top of that, the DOW is 900 points BELOW the longer-term 200 day moving average….

By Gary Kaltbaum- November 25, 2018 -A few thoughts:- -Don’t you just love how so many are NOW coming out to tell us just how bad the “bitcon” and all those coins are? All it took was a move from almost $20,000 to under $4,000 to finally make them realize what we knew from the…