“MARKET YONKING ON CUE” By Gary Kaltbaum- November 16,2015 garyk.com @GaryKaltbaum Fox News Business Contributor Paris…nous sommes avec vous! We have been specifically telling you in the past week that the good low we called for on October 2nd and the ensuing rally was getting narrower and narrower. In fact, it was getting so narrow and…
We will have our award winning weekend report for you on Sunday but for today, all we have to do is send you last weekend’s report. Remember, on October 2, we thought a good low was in but as the rally continued, the nasty narrowness showed up. Pay attention to the bold as all the…
If the economy is so great…if the Fed was ready to raise rates…if everything was going so smoothly, then why so retail stocks continue to crumble. Just a question to ponder. I see KSS up a little bit this morning but that is after a huge drop. Just something to ponder. Market is getting narrower…
Do not forget the Fox Business Network presidential debates tonight. The first debate moderated by Trish Regan and Sandra Smith. The second debate moderated by Neil Cavuto and Maria Bartiromo. On purpose, we wrote to you yesterday about the narrowness of the rally. On purpose, we wrote to you that this narrowness is one that…
Do not forget the Fox Business Network’s presidential debate Tuesday night! As the major indices continue to rally up into resistance and while the Nasdaq 100 moves into new high ground, this remains a very split tape. It is the same type of tape we had before the market tanked in August . Keep that in mind!…
Investors Edge in now on a new Tampa station. We have moved from WHNZ AM 1250 to MoneyTalk 1010 – WHFS-AM…same time. 6:00-7:00 Monday through Friday.
The fake job’s number has been announced. Blah blah blah 5% blah blah blah. Because of this, the Fed will raise, not raise, raise, not raise blah blah blah. Futures are down a wee bit as everyone now REALLY REALLY REALLY believes a rate hike is in the offing. Or maybe futures are down because…
SOURCE: https://www.zerohedge.com/news/2015-11-04/yellen-says-negative-rates-table-if-outlook-worsened
We traveled all day yesterday but heard Mrs. Bubble may have teased the world again…hike…hike…hike….no hike…no hike…no hike. Does this women think she is announcing a cure for cancer? Is she announcing aliens are among us? Hey lady…it is just a possible freaking raise of a freaking measly 1/4% from the 0-1/4% where you are…
Another travel report today…clear and concise! The only way to describe a market that is stretched and extended and overbought is RELENTLESS. All we have to do is report to you the news. The worst areas of the market have turned the corner and moved above initial resistance areas. This includes small caps, mid caps,…
