Stock Market Commentary: Stocks fell hard on Monday but pared losses by the close. It was still an ugly day as many names were beaten up badly. The Nasdaq Composite and Nasdaq 100 broke down below support of their bearish flag patterns (highlighted last week). The Small-Cap Russell 200 also broke below January’s low which is…
“THE REALIZATION PHASE” By Gary Kaltbaum garyk.com @GaryKaltbaum Fox News Business Contributor The tops of bull markets leading into bear markets go through several phases. There is the initial topping out of the prior bull market phase. As we have told you many times, this can last a long while as sector after sector, stock…
SOURCE: http://www.breitbart.com/big-government/2016/02/07/gary-kaltbaum-on-breitbart-news-radio-markets-are-crashing-as-fiscal-steroids-wear-off/
“Mr. President…You Forgot To Mention A Few Things!” By Gary Kaltbaum garyk.com @GaryKaltbaum Fox News Business Contributor While my President was out this week patting himself on the back and taking victory laps over the “supposed” 4.9% unemployment rate, he forget to mention a few important tidbits about what is really going on. We used…
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…
