BIG GAP TO THE UPSIDE IN THE PRE-MARKET….NO REAL NEWS EXCEPT IBM BUYING RED HAT IN WHAT WE BELIEVE IS AN ACT OF DESPERATION…AND THEY OVER-PAID. WE WROTE THIS REPORT OVER THE WEEKEND BEFORE THIS MORNING’S GAP! The evidence at hand is all one really needs yet so many continue to turn a blind eye…
By Gary Kaltbaum October 26,2018 We were asked on tv yesterday whether it was good that right after a 600 point drop, the market got back 400 the next day. We simply replied that we did not see it as down 600, up 400. We saw it as down 2400, up 400. In other words,…
SOURCE: https://archives.warpradio.com/btr/investorsedge/102518.mp3
The trees….short term moves…a 1 out of 10 on the importance scale. The forest…bigger picture…a 10 out of 10 on the importance scale. Too many want to call the bottom. Too many playing in the trees. When you have a chance, go check out the charts of the DOW, S&P, NASDAQ, NDX, SOX, XLF, KRE,…
SOURCE: https://archives.warpradio.com/btr/investorsedge/102418.mp3
SOURCE: https://archives.warpradio.com/btr/investorsedge/102318.mp3
BY GARY KALTBAUM- OCTOBER 23, 2018 “The sea was angry that day, my friends – like an old man trying to send back soup in a deli.” George Costanza So let’s recap what we saw, what we said and where we stand: World markets turned bearish months ago and never came back. The U.S. market…
SOURCE: https://archives.warpradio.com/btr/investorsedge/102218.mp3
Futures are up…yippee! For a change, a strong last two days from China. China continues to ease even though they tell is economy grew at 6.5%. Hmm! Recently, while we have watched many flail away calling the bottom on every uptick, we have let the market dictate policy with its price action. To put it…
By Gary Kaltbaum- October 19,2018 In a sea of red, in a market where the average stock is so much worse than the major indices, in a market where a laundry list of industries are at or near new yearly lows, in a market where Netflix gaps up 30 points on great numbers and gives…
