Stock Market Commentary: Stocks opened lower on but closed higher on Thursday as the US dollar continued to fall gold continued to bounce. Oil prices fell and closed lower on Thursday after encountering resistance near January’s high. More stocks gapped down after reporting lousy numbers. Shares of Ralph Lauren plunged over 20% after reporting a…
“CENTRAL BANKS NEVER STOP!” February 4,2016 By Gary Kaltbaum garyk.com @GaryKaltbaum Fox News Business Contributor We were thrilled when we heard there were no central bank meetings in February. We want these people to go away for an extended vacation. We actually emailed the Fed with the suggestion of only 4 Fed meetings each year….
Stock Market Overview: Stock futures are down before Thursday’s open. After falling over 11% on Monday and Tuesday Oil prices soared over 8% on Wednesday as the US dollar experienced a huge single day decline. The major averages remain in lousy shape and continue to go nowhere fast as they pause to digest last month’s steep…
Stock Market Overview: Stock futures are up before Wednesday’s open. Oil prices fell over 10% on Monday and Tuesday. The major averages remain in lousy shape and continue to go nowhere fast as they pause to digest last month’s steep decline. In the short term, Gary called the low perfectly for you on Wednesday, Jan…
By Gary Kaltbaum garyk.com @GaryKaltbaum Fox News Business Contributor6 coin tosses and 6 wins for Hillary? Hmmm! Cattle futures anyone? Bank of Japan Governor Haruhiko Kuroda said overnight that the BoJ would do whatever it takes to fight deflationary forces in the Japanese economy. Really! 0% rates forever, the handing out of money, the buying up…
Stock Market Commentary: Stocks fell on Tuesday, led lower by energy, industrial, and material stocks. Financial stocks also fell hard on Tuesday as sellers showed up and continued to relentless sell nearly every sector in the market. Oil prices fell hard on Tuesday and tanked over 11% in the past two trading days alone! That’s…
SOURCE: http://www.bloomberg.com/news/articles/2016-02-02/rates-less-than-zero-is-bank-stress-fed-wants-to-test-in-2016
“THE SCAM AND THE CON CALLED BERNIE SANDERS!” By Gary Kaltbaum February 2, 2016 Bernie Sanders…Bernie Sanders is not funny. He is not to be applauded. He is not to be called uncle. Bernie Sanders is selling you a scam. He is selling you a call a con. He is selling you a lie. The…
Stock Market Overview: Stock futures are lower before Tuesday’s open. Oil prices fell over 6% on Monday after a series of weaker-than-expected manufacturing reports were released. Gary called the low perfectly for you on Wednesday, Jan 20, 2016. Gary’s Thoughts: But Google is strong…and we told you to watch Rubio! Ecoomic Data: Chicago Fed National Activity…
Stock Market Commentary: Stocks ended mixed on Monday as oil prices tanked over 6% after a series of weaker-than-expected economic reports were released across the globe. China said it’s official factory gauge fell to a three-year low of 49.4 in January. This was the sixth consecutive monthly decline and missed estimates for 49.6. China’s main stock market,…
