Stock Market Commentary: Stocks plunged on Wednesday as a new round of selling hit Wall Street. This time they went after almost all areas of the market including the big glamour names such as Amazon ($AMZN) and Netflix ($NFLX) that had been holding up rather well in late 2015. The fact that Wall Street can not…
Stock Market Overview: U.S. stock futures are up on Wednesday as the market tries to bounce from deeply oversold levels. Keep in mind, the market is very oversold and way overdue to bounce at some point. Gary has expressed caution and has been telling you about how the market has been getting weaker not stronger over much of 2015…
You can correct us if we are wrong but we decided to do something crazy and watch back the State of the Union address just to make sure we heard what we heard. We do keep in mind that we are all fair weather fans when it comes to our favorite sports teams or our favorite sports…
Stock Market Commentary: Stocks ended higher after vacillating between positive and negative territory on Tuesday as oil prices traded all over the map. In the morning, oil prices up nicely but turned negative and actually fell below $30 a barrel for the first time in 12 years! Stocks turned higher after oil prices stopped falling….
Stock Market Commentary: Stocks traded all over the map on Monday. Overnight, Chinese stocks plunged another 5% which was not idea. US stocks opened higher but quickly turned negative after new sellers showed up and distributed stock. Towards the close, a big rip enabled the Dow to finish positive but the Nasdaq still finished down….
Stock Market Overview: U.S. stock futures are up on Monday as investors digest last week’s historic sell-off. The market is deeply oversold and way overdue to bounce at some point. Gary has expressed caution and has been telling you about how the market has been getting weaker not stronger over much of 2015. Gary’s Thoughts: Our measures of overbought/oversold…
“MARKETS SPEAKING LOUDLY AND CLEARLY” January 10,2016 By Gary Kaltbaum @GaryKaltbaum garyk.com Fox News Business Contributor President, Kaltbaum Capital Management We have a ton of different thoughts on what we are seeing but the most important point is: We continue to disagree with anyone saying this is just a correction in a bull market. If…
Greetings from snowy Denver. If this isnt a bear market, we hate to see what a bear market looks like. We say this because a few brave but idiotic market pundits were out today saying that we are still in a bull market. They are either nuts or full of crap with an agenda. If…
Just wanted to reiterate something we said this morning in the report. On a short term basis: “Markets are now beyond oversold and stretched to the downside on a near-term basis. We suspect any day now to see some vicious rallying/bouncing but that will not change the big picture. Keep in mind, in bear markets, oversold can get…
“IT’S A FREAKING BEAR MARKET! PART 2! By Gary Kaltbaum-January 7,2015 garyk.com @GaryKaltbaum Fox News Business Contributor We disagree with the many who are saying this morning that this is just a correction in a bull market. We disagree with the many who said this all started this week. We disagree with the many that…
