Market Look

U.S. markets came back nicely yesterday but today, we accentuate the negatives. That does not take away from the great action of growth names or anything marijuana but: Have you seen: Russia, China, Brazil, Turkey, emerging markets, EAFE, other currencies, the German Dax, the London FTSE, Paris CAC….and so many other areas. We will just…

Been traveling extensively so will keep this short this morning: The market remains narrow. Major indices act fine. More than 40% of the market still aint happening and it is imperative that you continue to avoid areas we have told you to avoid…commodities of all stripes including gold/silver. Other markets like emerging, Brazil, Russia, Turkey,…

We are writing this early so pre-market can change but futures down a wee bit off of weak Europe…but yesterday was NASDAQ/NDX/TECH/SOFTWARE/INTERNET/BETA. We have been telling you and pondering whether we could get a real rip to the upside if markets broke out of range…and at least  in beta, we are getting it. AMAZON (AMZN)…

Short-term word to the wise. Markets do not go straight up. A pullback at any time would be normal as normal could be. Frankly, we would not mind one as it is easiest to isolate strength on pullbacks. Marijuana…we do not smoke any but we are sure getting questions about a few names…CRON, CGC, TLRY…

By Gary Kaltbaum- August 28, 2018 As we leave the office this afternoon for another great golf trip, we figured we would bore you a bit.- First off, major indices are indeed breaking out of range. Do not forget what we said about the “potential” for a real strong move into the end of the…