TRANSCRIPT GARY: Well, looks like we may just have another 5-10% correction…churn for a few days and forget the correction ever happened. This has happened 4 times previously in the past year. Just keep in mind, every rally up continues to take fewer and fewer stocks with it as well as an anemic number of…
In the pre-market, I want to talk about this King Digital. It was a $23 IPO and we questioned the IPO here for you, just like we questioned Groupon and Zynga. We questioned Facebook at $40 and watched it go down to $15 before finally kicking in gear. King Digital comes out and as we…
Most of you probably haven’t heard of Kate Spade, but they are apparel and accessories. It’s Liz Claiborne, Juicy Couture and Lucky Brand. I have been watching the stock for a while. Why? Because it is trading up near the tips, the tips near the highs. We waited to see what earnings will do. So,…
In case you did not know, many moons ago there was something called the Nifty Fifty. It kind of, sort of, got lost in the shuffle as to why it was called the Nifty Fifty. Many people have this idea that at the end of some big bull market everything was sold off except for…
Let’s just add Tuesday’s action to the “ice is getting thinner” category. We have outlined for you how many names, how many sectors and how many countries are getting in trouble. Under the weight of all this, eventually, the popular indices follow suit. Remember, we have not had a 10% correction in more than 2…
We think we said it all last time here as the markets fell under some serious distribution this past week. Shorter term, anything is possible. The short term is the trees. Maybe we get a bounce here as the market felt a little sold out on Friday. We also saw a spike in put buying…
Source: https://www.zerohedge.com/news/2014-07-28/nyse-margin-debt-storms-back-all-time-highs
SOURCE: http://www.dailymail.co.uk/news/article-2695565/All-aboard-death-train-Extraordinary-images-hundreds-Central-Americans-climbing-aboard-La-Bestia-cargo-train-attempt-reach-Mexico-U-S-border.html
Greetings from Israel. Been quite the interesting week here. We came knowing there were some issues but them issues have been a little more than anticipated. Firstly, let me say this is one heck of a country. We are having a fabulous time. Riding camels in the desert, floating in the Dead Sea, visiting Masada,…
