YOU DIDN’T KNOW IT WAS COMPLETELY ILLEGAL TO SHORT THE PRODUCTS YOU ARE SELLING TO OTHERS?

YOU DIDN’T KNOW IT WAS COMPLETELY ILLEGAL TO SHORT THE PRODUCTS YOU ARE SELLING TO OTHERS?

[email_link] Of course, those people who did not bring charges will somehow become vice-chairmen at Goldman in the years to come. WASHINGTON –  The Justice Department said Thursday it won’t prosecute Wall Street firm Goldman Sachs or its employees in a financial fraud probe. In a written statement, the department said it conducted an exhaustive…

kaltbaum premarket

kaltbaum premarket

Futures down…not going to add anything this morning.   I said yesterday i would love a shakeout/pullback before moving higher…and hopefully, one comes.   No charges against Goldman even though they committed fraud in plain sight. Is there any wonder more and more want nothing to do with markets. Of course, those who were looking…

kaltbaum email

kaltbaum email

  A lot of names starting to tighten up in here. I am all over watching EQIX in this handle, the housing stocks which are acting really well,TJX tightening up, ROST which is on service, WFM tightening and now ESRX with the gap to the breakout…which just needs a handle now. There are a few…

COULD THE STOCK PRICE DECIMATION BE CAUSING THIS?

COULD THE STOCK PRICE DECIMATION BE CAUSING THIS?

[email_link] Facebook has been dealt yet another blow as three of its top executives have announced they are quitting the social networking company. Director of platform partnerships, Ethan Beard, director of platform marketing, Katie Mitic, and mobile platform marketing manager, Jonathan Matus, have handed in their resignations. They are just the latest top-ranking employees to quit the San Francisco-based company,…

kaltbaum midday

kaltbaum midday

Very good day today even with indices sitting. My point is that there is no giveback and the areas recently leading wont pull back. I think you go probe a little MLNX here. If you don’t like buying extended, you will not want to buy…but this is powerful action. I would only go small at…

IF THIS IS TRUE…

IF THIS IS TRUE…

[email_link] Wells Fargo allegedly fired an employee because his dying daughter needed expensive cancer treatment, according to a lawsuit filed on Thursday. Wells Fargo fired mortgage consultant Yovany Gonzalez three days before his daughter Mackenzie was scheduled to get cancer surgery in August of 2010, the lawsuit states. According to the suit, the hospital canceled the…

DON’T WORRY. COSTS WILL GO DOWN UNDER OBAMA’S HEALTH CARE PLAN! HE TOLD US THAT.

DON’T WORRY. COSTS WILL GO DOWN UNDER OBAMA’S HEALTH CARE PLAN! HE TOLD US THAT.

[email_link] We should believe it. Businesses will not be affected. He told us that. We should believe it.  After President Obama’s health care law takes full effect, the slogan for national pizza chain Papa John’s may need an update. Instead of, “Better ingredients. Better Pizza,” may we suggest, “Better health care. Pricier pizza.” Papa John’s CEO…

AND HERE COMES THE 75% FROM THOSE DASTARDLY HIGH EARNERS

AND HERE COMES THE 75% FROM THOSE DASTARDLY HIGH EARNERS

[email_link] PARIS — The call to Vincent Grandil’s Paris law firm began like many others that have rolled in recently. On the line was the well-paid chief executive of one of France’s most profitable companies, and he was feeling nervous. President François Hollande is vowing to impose a 75 percent tax on the portion of…