We will stay quiet this morning except to say WATCH THEM EARNINGS. CMG down $55 but BIIB up $18. It is earnings roulette….which means sit back and react to the reactions. And more days like this morning and there soon will be 5 semiconductor companies left as everyone being bought. When you cannot grow, you…
Intraday selloffs only to be bought up…indices closing on the highs…crappy earnings being bought. SO FAR, this is what we have been seeing off the lows. There has been a persistent lack of selling in spite of markets being overbought and stretched to the upside on a near-term basis. Leadership is expanding a wee bit…
Due to loads of travel, we are going to keep this short and have a bigger report tomorrow. When we call a low for the market, we never know what’s gonna come of it. We just ride it until it says otherwise. So far, it has not said otherwise. We called a low because the market…
SOURCE: http://dailycaller.com/2015/10/16/co-op-flop-the-biggest-obamacare-disaster-youve-never-heard-about/#ixzz3olczdW1R
While the markets are driving people up the wall and with the Jell-O moving all over the plate there a couple of things that are starting to stick out like a sore thumb. What makes it more interesting is not many people are talking about it. We think you are about to start hearing that…
Many areas of the market encountered resistance yesterday…and sold down. Regardless, while there ism some leadership, there is not a lot. There are hardly any good bases to be found. So patience. Earnings season time. We expect blah numbers…but expect many beats because guidance has come down throughout the quarter. Remember, it won’t be the…
First off: Auto parts retail Airlines Internet travel Defense Tobacco Alcoholic beverages Food Gas Utilities Cruise lines That’s basically the relative strength as we head into earning’s season. Most of these areas were the relative strength before the August trashing and right now, they are back where they were. There is nothing really breaking out…
By Gary Kaltbaum Kaltbaum Capital Management @GaryKaltbaum garyk.com Fox News Business Contributor Late last week, we told you we thought a low was being put in. After Friday’s action, we told you we thought a good low was put in and odds favored a turn in the China markets as well as the oil markets….
Got my Mets shirt on and raring for them to kick the Dodgers ass. As usual, we will have our award winng weekely report on Sunday. Don’t miss is. Leave no doubt, the bad news last Friday got the juices flowing as the worst is now first. Everything that led the market down for months,…
Since we are into the meat of resistance here, we will take the day off to not cloud anything and let a couple of more cards come out of the deck! We do suspect we can get some backing and filling in here. Always rooting for underdogs when we do not have any blood in…
