Market Look

Futures up but not a lot of movers early as we are past a lot of earnings season. After dropping 60% since last November, URBN up over 20% on a 33% earnings drop…but better than expected. After that, not seeing much but looks like the North Korea action from last week could be in the…

One of the most important things we can do here as well as on the radio show…is to tell you what to avoid. When we tell you what to avoid, it is for a good reason. Price is not keeping up with the market. Price is starting a downtrend. Price is in a downtrend. Price…

BY GARY KALTBAUM- AUGUST 14, 2017 We all get opportunities in life. Some are small. Some are big. SOME ARE GIGANTIC. All presidents get a gigantic opportunity. There have only been 44 men to experience the opportunity. (Grover Cleveland had non-consecutive presidencies.) Only 44 men that have had a chance to change the world for…

Is it me or are we seeing another mystery Monday gap to the upside? Either way, markets were oversold near-term coming in and the will be worked off on the open. A FEW OTHER THOUGHTS: Japan’s GDP comes in at a yearly 4% clip. If I was printing a trillion each year and keeping rates…

Our proprietary sentiment indicators are off the charts, shorter-term bearish…which is bullish. When too many get scared AFTER a drop, it usually gets us close to a bounce. But other things we are seeing may be at work: Notice the TRANSPORTS again look to be holding the longer-term 200 day. TRANSPORTS are not leading but…

Futures are flattish after being down much of the evening. Who said this? “IF THEY EVEN USED THEM (NORTH KOREA AND THEIR NUCLEAR WANTS), IT WOULD BE THE END OF THEIR COUNTRY!” Who said this? “WE COULD DESTROY YOU! (NORTH KOREA)” Wrong…it was not Donald Trump. It was Bill Clinton and Barack Obama. So when…