Maybe it was the Jewish holiday. Maybe it was the Pope. Maybe it is the pinched nerve in my neck. Wednesday’s action was another blah day. When the markets are in trouble, when the markets have recently sold off again and when the markets are a little bit oversold, one would at least expect some…
Gary is out today for the Jewish holiday but he conveyed a few things about this week’s action yesterday. The bearish wedge markets traced out has now been broken to the downside. This is not just here but around the globe. While now very oversold, Biotechs were the latest to break badly. Just yesterday, they…
“AND NOW THE BIOTECHS” By Gary Kaltbaum- September 22,2015 @GaryKaltbaum garyk.com Fox News Business Contributor On our appearance on Neil Cavuto’s “Coast to Coast” show on Fox Business yesterday(if you don’t get it, demand it), Neil asked about Goldman saying 2100 was still their target for the year which is only about 7 percent higher….
“COUNTER-TREND RALLY ENDS” By Gary Kaltbaum- September 21,2015 @GaryKaltbaum garyk.com Fox News Business Contributor When you take a step back and forget about all the noise (the Fed) surrounding us and just go back to what we have been telling you about the forest, it was not really hard to figure out why we wrote…
“HAS THE CENTRAL BANK PARTY FINALLY HIT THE WALL?” By Gary Kaltbaum-September 21,2015 @GaryKaltbaum garyk.com Fox News Business Contributor We usually like to keep our reports short and pithy but felt this a good time to hit you with both bazookas. The following is a fair compilation of our thoughts both past and present. Starting in…
https://www.youtube.com/watch?v=cyRpEma3vSk
“Counter-trend Rally Over?” By Gary Kaltbaum-9/18/2015 @GaryKaltbaum garyk.com Fox News Business Contributor We really didn’t want to write this morning but we are forced into it! We think there is a good chance that yesterday’s reversal and today’s open ends the bear market counter-trend rally and resumes the bear market. As we have told…
SOURCE: http://www.dailymail.co.uk/news/article-3239257/In-America-s-expensive-city-350K-buys-San-Francisco.html
So let’s get this straight. The economy is suppsedly fine but they cannot even raise rates from 0-1/4% to 1/4%? For the 1000th time, we repeat…this maniacal, easy money Fed…will never raise rates. They believe they are heroes by keeping rates at zero when the only thing they are doing is distorting markets. They have…
