Newsletter

SOURCE: https://www.youtube.com/watch?v=fxDAyUiXphg&feature=youtu.be

GK 8/27/14   Private Equity TRANSCRIPT:   GARY: You see, there is no bubble. That’s what they tell us. Just because Snapchat now has a $10 billion market cap with virtually no revenues, there is no bubble.  Everything is fine, market is fine, valuations are great, everything is all well and good. Snapchat is now…

8/26/2014 TRANSCRIPT GARY: “I am bringing this up again for the umpteenth time…just in case some of you did not hear it before. THERE HAVE BEEN A BUNCH OF IPOs that have come out recently with no sales. Yes…no sales. They are mostly in the BIOTECH area. Very simply, we have seen this before. Whenever…

GK 8/25/14 Valuation TRANSCRIPT: GARY: “Intermune was bought out today by Roche Holdings. Why do I bring this up? Because we are simply told not to worry about froth and speculation and that is all well and good. Just want to let you know a couple of things that I noticed on Intermune today. First…

MONTH END+BUYOUTS=2000 S&P Roche is paying $8.3 billion for a company that has $110 million in sales and loses a couple hundred million on those sales. You think that 10 million shares that are short are happy today? Europe economies soften…and that bottoms their markets as the still relatively weak Dax works it s way…

GK 8-21-14 Gold vs. Financials TRANSCRIPT GARY: Gold and gold stocks are breaking down. Big financials are turning up, some of them coming out of range. It is as simple as that. If this continues…IF this continues, should be good for markets. equation. When you have a chance, here are a few things to look…

GK 8/20/14 The News TRANSCRIPT GARY: Its not the news, its how the markets reacts to the the news. Why am I saying this? Because in the last week, just letting you know, Macy’s lowered their numbers. The stock had a little mini gap down last week, it’s gone right back up to highs. Today,…

Today, Home Depot’s stock gapped up out of a long trading range. Volume was about 3x average volume. This is the type of reaction that automatically goes onto our radar screen. It does not mean it has to work. But from our studies of the markets, whenever action like this occurs, it is a wake-up…

“Investors face IPO frustration, missed earnings fuel market skepticism.” Out of the USA Today front page. “Initial Public Offers are supposed to be a great opportunity for investors to jump into the ground floor of the next big thing. But, it turns out that investors may be buying into companies that are about to disappoint…

FRIDAY’S EVENT-DRIVEN WHIPSAW The market opened well. The market was doing well, led by the Nasdaq and the Nasdaq 100. Now as you know, I am not one that believes in events and event driven things on a daily basis but I am going to have to give it today because, we hit 4481 on…