Newsletter

Short-term word to the wise. Markets do not go straight up. A pullback at any time would be normal as normal could be. Frankly, we would not mind one as it is easiest to isolate strength on pullbacks. Marijuana…we do not smoke any but we are sure getting questions about a few names…CRON, CGC, TLRY…

By Gary Kaltbaum- August 28, 2018 As we leave the office this afternoon for another great golf trip, we figured we would bore you a bit.- First off, major indices are indeed breaking out of range. Do not forget what we said about the “potential” for a real strong move into the end of the…

Last week, we appeared on the tube as well as the radio show saying something we do not usually say. Those that have followed us for years know we interpret price and don’t predict price. We always laugh when someone tries to tell us where things will be a year from today. We are always…

Futures up decently after a pullback yesterday. This in spite of news from CHINA/U.S. trade talks getting nothing done. Still watching the tight action in the NASDAQ/NDX. A break to the upside could lead to some fireworks as a lot of names setting up. We are in  hopes it takes a couple more weeks as…

PAY NO ATTENTION TO THE DOW BEING HIT A BIT YESTERDAY. A/D was positive and tone is positive. On top of that, indices are trading tightly here…especially NASDAQ and NDX. Maybe we rest here or pull back because we sit at resistance. Remember, people who bought in late January are now close to getting their…

Market was up nicely yesterday until a late day pullback off of all the news coming out of DC. That news is getting louder. We are amazed how sides get taken so quickly by those that love and by those that hate. We are on no side. We cannot stand any of them. Futures were…