Market Look

-First:- -Macron announces wage hikes and tax cuts. Let’s see, spend more taxpayer money without any productivity gains with wage hikes but take in less taxpayer money by lowering taxes…you know, the taxes that pay all the wages. Sure…that will work! – -Second:- -Vote yes on Brexit. Wait 2.5 years. Negotiate something that looks like…

Futures reversed overnight. Were down 200…now down just a wee bit…but was actually up nicely 30 minutes ago. Let’s not forget a few important factors. MAJOR INDICES are now sitting at or near the lows that have now been hit three times. The last time was Thursday, where the market experienced a strong reversal. Friday…

As we rapidly approach the end of 2018, it is time to let you know what we are seeing as well as thinking on any number of subjects. As you know, we really do believe price talks, markets talk and we must listen. This report will cover some facts and some worries. We will have…

-“IF AT FIRST YOU DON’T SUCCEED, TRY, TRY AGAIN!”-                         -December 7th…National Pearl Harbor Remembrance Day! If you have a chance, please go visit and learn of the heroics.   https://www.youtube.com/watch?v=LZzIetRBiME-   -Bernanke strikes again. No longer will we be calling Jay Powell by his name. His…

-By Gary Kaltbaum- Midday December 6, 2018- -OK…it’s a long day but how about a potential positive for a change…BUT JUST FOR THE NEAR TERM!- -Since we are being asked…a couple hours ago we noted how strong TECH/INTERNET/GROWTH/BETA was in relation to the DOW being down 700. As we write this, the DOW is still…

Tonight, futures are down over 300. The latest: “A top executive and daughter of the founder of the Chinese tech giant Huawei was arrested on Saturday in Canada at the request of the United States, in a move likely to escalate tensions between the two countries at a delicate moment.” AND…Senator Ben Sasse, a Republican…

-By Gary Kaltbaum- December 4, 2018- -The hope that the rally would turn into more than a bearish market rally is now dwindling. The hope that pullbacks would be controlled and rotational just aint happening. We called A LOW last Monday and THE LOW last Wednesday off the Fed…but now think that’s it for the…

The gap held decently yesterday but you can tell after 1600 Dow point in 5 days and a gap that the move could get pooped out. This morning, we open on a pullback but not as bad as overnight as the administration sends everyone out to tell everyone China deal will be fine. Of course,…