KALTBAUM PRE-MARKET

KALTBAUM PRE-MARKET

Futures up up strong but off their highs…but still strong. Let’s see why… Eurozone GDP a big fat (as John Vernon said in Animal House) ZERO-POINT-ZERO. Moodys downgrades German and Austrian banks. Europe said this, that and the other thing. Of course, two fedheads are out saying we need more aggressive easing. Yes…more aggrssive easing….

kaltbaum email

kaltbaum email

Not a lot to add tonight…some of the deepest oversold areas like semis and finacials bounced. Market moved up on lighter volume. But I am in the camp for a little more upside here as most everything is stretched down. Futures up 50 as I write this as Republicans win big in Wisconsin. Relief rallies…

HOW ABOUT A FREAKIN INDICTMENT…HOW ABOUT A LITTLE INVESTIGATION? ANYTHING!

HOW ABOUT A FREAKIN INDICTMENT…HOW ABOUT A LITTLE INVESTIGATION? ANYTHING!

[email_link] The trustee liquidating MF Global Holdings broker-dealer said on Monday he sees possible civil claims against former Chief Executive Jon Corzine and other top executives for breach of duties to customers. In a written report to the U.S. Bankruptcy Court in Manhattan, trustee James Giddens said he has been in discussions with lawyers for customers about…