First, our short but concise thoughts: Wednesday was an important day as the market was once again defended at the important support levels we have outlined for you. Most levels were breached intraday but the boys recognized and stood firm. Use Wednesday as your major league support level going forward….and we mean major. A few…
We will have our award winning, over-the-top, in-depth report for you over the weekend. In a few short few words….even with the mid-week reversal, we are less than thrilled with the overall market but a few areas continue to emerge: Utilities coming up the right side off of lower rates, the same for Reits. On…
5 words to describe the major indices: BEND BUT DOES NOT BREAK! Simple as that. Read carefully. The major indices had another chance to break badly (no meth jokes please) on Wednesday…AND DIDN’T! Not only that, major indices experienced what we call a massive reversal day indicating the big money defended the lows again. As…
“A GOOD OLD FASHIONED CURRENCY WAR?” By Gary Kaltbaum 8/11/2015 @GaryKaltbaum garyk.com Don’t worry. We’ll just gap up 200 tomorrow. Bazinga! What’s all this complaining and whining about China? Did you just realize they were in dire straits and needed to do something? Haven’t you not seen the videos of their ghost cities? Of course,…
We had a nice report for you this morning based on yesterday’s action. Then, China did something with their currency. So the “guess the gap” game is down this morning. The bigger question is why does a country even have to control its own currency like China does? The answer is: they are communists. They…
SOURCE: http://www.cnbc.com/2015/08/10/tesla-burns-cash-loses-more-than-4000-on-every-car-sold.html
“Kerplunk Goes the Market” By Gary Kaltbaum-August 10,2015 @GaryKaltbaum garyk.com Kerplunk: The object: try not to lose your marbles. Ker-Plunk takes a steady hand, as you skillfully remove the sticks from a marble-filled tube. A clear plastic tube is filled with marbles, which are supported by crisscrossing sticks inserted through the tube. Each player takes a turn…
SOURCE: https://www.investors.com/editorial-cartoons/michael-ramirez/764510-recovery
I am utterly amazed at the whining and complaining about the questions asked during the debate last night…especially about the questions to Donald Trump. What should have Megyn Kelly asked? Mr. Trump, boxers or briefs? Chocolate of vanilla ice cream? Mets or Yankees? The fact is Donald Trump has said some of those things about…
Kerplunk: The object: try not to lose your marbles. A long-time favorite, Ker-Plunk takes a steady hand, as you skillfully remove the sticks from the marble-filled tube. A clear plastic tube is filled with marbles, which are supported by crisscrossing sticks inserted through the tube. Each player takes a turn removing a stick from the…
