Markets

While we are waiting on the fed today to tell us blah blah blah…and while the market continues to just move back and forth in a tight range, we wanted to talk Donald Trump. Besides the fact that we love success stories like Donald Trump, we wanted to address the reaction to the news he…

Hey…we now have a Bush and a Clinton running for Prez. Rumor has it the great great great grandson of John Adams is next! Not much to say today. More yuck yesterday overall. But the good news is there remains a handful of strong cyber-security names, growth semis and a few others but after that……

Even with Wednesday’s pop back to the upside, we are less than thrilled.  The problem remains simple. While the major indices are just off highs, there remains too many names and too many sectors in their own private bear phases. Before all the central bank interference, we would be yelling and screaming that this continues…

Another gap day this morning. This time to the downside. We have taken pains to not get too excited when markets are up and not too depressed when markets are down. One just has to recognize markets remain range-bound with half the market in crappy shape and half the market doing just fine. Both halves…

We penned these words Tuesday night: “You know our stance. It is simple. While the major indices continue to be range-bound (with a little dose of downside recently), many areas of the market remain in poor shape. That has not changed…BUT THE SHORTER TERM ACTION MAY HAVE CHANGED. By the close, Tuesday’s action felt like…

You know our stance. It is simple. While the major indices continue to be range-bound (with a little dose of downside recently), many areas of the market remain in poor shape. That has not changed…BUT THE SHORTER TERM ACTION MAY HAVE CHANGED. By the close, Tuesday’s action felt like a market being sold out on…

We are getting to that point in time again where the major indices are now in the midst of joining all the areas that are already bearish…but first, disclaimer time. EVERY TIME THE MARKET HAS BEEN IN TROUBLE, THE PIXIE DUST FROM CENTRAL BANKS HAS SAVED THE DAY. WE CANNOT COUNT THAT OUT. In fact,…

Want to thank my buddy Charles for this chart.  Another one of the things that happens in late stages of bull markets has now showed up. One of the hallmarks of the overheated Tech bubble of the late 1990’s was the large % of IPOs that were offered to the public by firms that had…

By Gary Kaltbaum twitter@GaryKaltbaum Clinton, O’Malley, Sanders, Warren, the bond market (government, corporate and high yield), Reits, Utilities, Rails, Airlines, Truckers, Autos, Energy, Oil & Gas, Steel, Copper, Aluminum, Coal, Disk Drives, Food, Drugs, Beverages, Tobacco, Household Products, Housing, Retailers-(discounters, home improvement, drug stores, department stores, supermarkets), Emerging markets, Efa, Russia, Brazil, Taiwan (there are…