Greetings from snowy Denver. If this isnt a bear market, we hate to see what a bear market looks like. We say this because a few brave but idiotic market pundits were out today saying that we are still in a bull market. They are either nuts or full of crap with an agenda. If…
Just wanted to reiterate something we said this morning in the report. On a short term basis: “Markets are now beyond oversold and stretched to the downside on a near-term basis. We suspect any day now to see some vicious rallying/bouncing but that will not change the big picture. Keep in mind, in bear markets, oversold can get…
“IT’S A FREAKING BEAR MARKET! PART 2! By Gary Kaltbaum-January 7,2015 garyk.com @GaryKaltbaum Fox News Business Contributor We disagree with the many who are saying this morning that this is just a correction in a bull market. We disagree with the many who said this all started this week. We disagree with the many that…
Stock Market Overview: U.S. stock futures are plunging once again ahead of Thursday’s open. Overnight, China’s stocks plunged another 7% and were closed after circuit breakers were triggered for the second time this week. This clearly is not a good sign to see a major stock market in the world plunge and close twice in one…
Stock Market Commentary: Stocks fell hard on Wednesday after oil slid to an 11-year low, gasoline futures plunged over 8% and the White House confirmed N. Korea most likely tested a Nuclear bomb. Economic data was mixed to mostly weaker than expected which echoes what Gar has been telling you for months – the market’s…
By Gary Kaltbaum January 6, 2015 It is not even 10 am and we are already receiving a bunch of emails asking us if this early action tells us we will stabalize soon. Really? It’s not even 10 am. This is why we use the terms “trees” and “forests.” The trees are the short term…
“IT’S A FREAKING BEAR MARKET!” January 6,2015 By Gary Kaltbaum @GaryKaltbaum garyk.com Fox News Business Contributor It’s a freaking bear market. Get used to it. In bear markets, surprises happen to the downside. In bear markets, bad news is no longer ignored. We have told you on radio, on tv and right here in recent…
Stock Market Overview: U.S. stock futures are down sharply (Dow futures are down over 250 points as of this writing) on Wednesday after oil plunged to an 11-year low and rumors spread that N. Korea conducted a nuclear test overnight. There’s a slew of economic data (below) being released today culminating with the Fed minutes being…
Stock Market Commentary: Stocks were relatively quiet on Tuesday as the market paused to digest Monday’s very sharp sell-off. Overnight, China injected $20B to calm markets. Outside of more government interference, not much has changed. As Gary has been telling you for months, the action on Wall Street continues to get weaker, not stronger. Gary’s…
SOURCE: http://asia.nikkei.com/Business/Trends/Parts-makers-brace-for-iPhone-production-cut
