Please President Obama…more government! We need more government!
SOURCE: http://www.wsj.com/articles/states-should-shun-the-epas-new-power-mandate-1438550971
Don’t worry! There is no bubble! Chapter 327
SOURCE: http://www.bloomberg.com/news/articles/2015-07-30/wharton-grad-s-got-a-tiny-illegal-solution-to-bay-area-housing
You NYC libs voted for Deblasio. You get what you vote for!
SOURCE: http://www.dailymail.co.uk/news/article-3184172/We-repeat-fiasco-1970s-NYPD-Commissioner-Bill-Bratton-calls-crackdown-gun-violence-bloody-weekend-New-York-sees-22-shot-three-killed.html
Chinese Government going off the deep end. You cannot sell!
Source: http://www.nytimes.com/2015/08/04/business/dealbook/citadel-account-suspended-in-china.html?_r=0
Not much changing!
By Gary Kaltbaum 8/3/2015 @GaryKaltbaum garyk.com A couple of thoughts: In case you have not listened, we repeat, Hillary Clinton will not be your next President and frankly, she may not even win the Dem nomination. Did you see where the dude who decided to pay all employees $70,000 is now having serious problems? Seems…
Some short notes on markets!
We have noticed in the past couple of days that many are saying that the nascent rallies in areas like the transports and oils have turned them into leaders. We disagree. We think they are nothing more than oversold rallies in areas that have been trashed with the jury still being out. For sure, they…
Bounce continues but…
The bounce continued off of the fed blah blah blah. I keep hearing and reading that the Fed will raise rates in September. Whoop-dee-do! Going from 0-1/4% to 1/4% is doing nothing. But we see nothing in anything said that indicates such…but nevertheless, the easy money continues. Hate to say it but major indices remain…
Fed Day…Blah Blah Blah!
We had an inkling market was oversold and due to bounce. Good bounce led by the worst of areas but good to see biotechs hold vital support while the s&p held the vital 200 day moving average. It is also good to see the transports have a strong day. But today is fed day…which means…
Oversold and…
Yesterday, we wrote a note that after 5 straight days down, markets were getting oversold. Oversold conditions lead to bounces. One just does not know when or where the bounce will occur…but just that is is getting closer. On top of that, something else happened in the past day. After weeks and months of us…
More Market Deterioration!
Sorry about the length but we have some important things to add from our recent reports of a narrowing market. Over the past weeks, months and in some cases, over the past year, we have been telling you to avoid all the areas of the market that had topped and went into their own private bear…