Markets

Today is the 13th annual (maybe 14th) Kaltbaum Family Blessings Banquet. Every year, we sponsor a Thanksgiving dinner in where over 400 youngsters from Central Florida who otherwise would not have a Thanksgiving  dinner, get served by us. There will be lots of food, lots more food, magicians, characters from Universal and other surprises. If…

The near-term oversold condition we wrote about yesterday has started to play itself out as just about everything rallies up after last week’s yonking. The good news is that into the holiday season, there is a chance a higher low gets put in. The bad news is that there remains the clear lack of leadership…

“MORE “NO SALES” BIOTECH CARNAGE” By Gary Kaltbaum @GaryKaltbaum garyk.com Fox News Business Contributor We have written to you on several occasions about the impending disaster in the biotech space. It was a simple thought process. The wonderful human beings at the investment banks had done it again. Back in 99, they brought anything public…

“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.