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…
Stock Market Overview: Stock futures are up before Wednesday’s open. Oil prices fell over 10% on Monday and Tuesday. The major averages remain in lousy shape and continue to go nowhere fast as they pause to digest last month’s steep decline. In the short term, Gary called the low perfectly for you on Wednesday, Jan…
By Gary Kaltbaum garyk.com @GaryKaltbaum Fox News Business Contributor6 coin tosses and 6 wins for Hillary? Hmmm! Cattle futures anyone? Bank of Japan Governor Haruhiko Kuroda said overnight that the BoJ would do whatever it takes to fight deflationary forces in the Japanese economy. Really! 0% rates forever, the handing out of money, the buying up…
“THE SCAM AND THE CON CALLED BERNIE SANDERS!” By Gary Kaltbaum February 2, 2016 Bernie Sanders…Bernie Sanders is not funny. He is not to be applauded. He is not to be called uncle. Bernie Sanders is selling you a scam. He is selling you a call a con. He is selling you a lie. The…
Stock Market Overview: Stock futures are lower before Tuesday’s open. Oil prices fell over 6% on Monday after a series of weaker-than-expected manufacturing reports were released. Gary called the low perfectly for you on Wednesday, Jan 20, 2016. Gary’s Thoughts: But Google is strong…and we told you to watch Rubio! Ecoomic Data: Chicago Fed National Activity…
Stock Market Commentary: Stocks ended mixed on Monday as oil prices tanked over 6% after a series of weaker-than-expected economic reports were released across the globe. China said it’s official factory gauge fell to a three-year low of 49.4 in January. This was the sixth consecutive monthly decline and missed estimates for 49.6. China’s main stock market,…
Stock Market Overview: Stock futures are down a little on Monday as the world digest’s last Friday’s very strong rally. Stocks bounced sharply over the last two weeks from deeply oversold levels. Gary called the low perfectly for you on Wednesday, Jan 20, 2016. Gary’s Thoughts: Due to travel, we will have our weekend report tonight….
Stock Market Commentary: Stocks rallied sharply on Friday after the Bank of Japan surprised the Street and took rates into negative territory and continued their QE (money printing) program. This is an aggressive move to help stimulate their market and boost their lackluster economy. Remember, Japan’s stock market just dipped into bear market territory two…
Stock Market Overview: Stock futures are up Friday morning. Overnight, the Bank of Japan surprised the world and took rates into negative territory as they continue printing money to stimulate their lackluster economy. In the U.S., the initial reading for Q4 GDP was announced. Friday is the last trading day of the month and this…
Stock Market Commentary: Stocks rallied on Thursday after investors made their way past Wednesday’s Fed meeting and digested the latest round of earnings and economic data. Facebook (FB), PayPal (PYPL) and Under Armour (UA) were some stocks that rallied after reporting numbers on Thursday. Meanwhile, eBay (EBAY), Harmon (HAR), and Service Now (NOW) gapped down after reporting numbers. Economic data…
