Stock Market Commentary: The market ended mixed on Wednesday with weakness showing up in the Dow Industrials. The Dow fell on Wednesday as investors digested the latest round of lackluster earnings data and Janet Yellen spent most of the day testifying on Capitol Hill. Disney ($DIS) and Solar City ($SCTY) both fell hard after reporting disappointing results….
“The Realization Phase Continues!” February 11,2016 By Gary Kaltbaum @GaryKaltbaum garyk.com Fox News Business Contributor We are reading that even though Bernie won big over Hillary, because of super delegates, Hillary will get more total delegates than Bernie. How’s that socialism working for you now Bernie? Bernie meets with Sharpton. A man who…
Stock Market Overview: Stock futures are up nicely after the three day steep sell off we experienced on Wall Street. This appears to be another oversold bounce as there remains virtually no quality leadership to speak of. Oil prices fell 5% on Tuesday and closed in the high $20’s. Gary called the top perfectly for…
Stock Market Commentary: The major indices were simply all over the map. What looked like a good close turned into another drop into the close. The inability for the market to bounce clearly illustrates how weak the market is right now and tells you everything you need to know. In other news, oil prices fell 5%…
Stock Market Overview: Stock futures are down after Friday and Monday’s steep sell-off. Clearly, sellers remain in control of this market as the major indices continue to get smacked. On Monday, the Nasdaq Composite and Nasdaq 100 broke below support of their bearish flag patterns we highlighted for you last week. These are very weak patterns and…
Stock Market Commentary: Stocks fell hard on Monday but pared losses by the close. It was still an ugly day as many names were beaten up badly. The Nasdaq Composite and Nasdaq 100 broke down below support of their bearish flag patterns (highlighted last week). The Small-Cap Russell 200 also broke below January’s low which is…
SOURCE: http://www.breitbart.com/big-government/2016/02/07/gary-kaltbaum-on-breitbart-news-radio-markets-are-crashing-as-fiscal-steroids-wear-off/
“Mr. President…You Forgot To Mention A Few Things!” By Gary Kaltbaum garyk.com @GaryKaltbaum Fox News Business Contributor While my President was out this week patting himself on the back and taking victory laps over the “supposed” 4.9% unemployment rate, he forget to mention a few important tidbits about what is really going on. We used…
Stock Market Commentary: Stocks opened lower on but closed higher on Thursday as the US dollar continued to fall gold continued to bounce. Oil prices fell and closed lower on Thursday after encountering resistance near January’s high. More stocks gapped down after reporting lousy numbers. Shares of Ralph Lauren plunged over 20% after reporting a…
Stock Market Overview: Stock futures are down before Thursday’s open. After falling over 11% on Monday and Tuesday Oil prices soared over 8% on Wednesday as the US dollar experienced a huge single day decline. The major averages remain in lousy shape and continue to go nowhere fast as they pause to digest last month’s steep…
