After another nauseating high volume sell-off, the market is getting some relief. As I write this, the Dow is up 80 and the Nasdaq up over 30. It did not start too well as futures were way down. The market is in the midst of testing the recent lows of last week. I just urge…
As I have been telling you, in spite of all the talk about markets being cheap, everything I have been seeing defines a bear market. Again, bear markets are made up of high volume drops, low volume bounces, hope that the bounces are the bottom, calls of the market being cheap…only to disappoint those calls…
Whenever markets have an up day, I get the same question: Have we seen the lows? I don’t usually get those questions on down days. Could that be it for the downside? I understand psychology. I understand about being swayed by movement. I have news for you. We are all swayed. The answer is…anything is…
Hi: I was Fox Business Network with Neil Cavuto, on Tuesday 8/16 discussing my comments on Warren Buffett. Click here to my original article that generated all the buzz. Here’s the video: httpv://www.youtube.com/watch?v=2PUuqRm7TV4 Here’s the link to Fox if you have trouble viewing the video on my site: https://video.foxbusiness.com/v/1113277542001/if-us-were-a-company-would buffett-invest/?playlist_id=87185 Gary I will be on Fox…
Imagine Warren Buffett getting a call from a company who asked Warren to invest $2 billion in that company. This company then went on to tell Warren that the $2 billion had already been spent and that they could not account for how well that $2 billion was spent. Therefore, that $2 billion would be…
To All My Friends and Followers: I’m excited to announce that I’ve relocated my site GaryK.com to a powerful, new web host. I made this move to provide you with new heavy-hitting content that you’ve never seen before. Plus, I’ll be updating you continuously through each market day about my latest insights on the market, the economy…and…
After watching three days in where 500 points was the norm, I thought I would check in with a few thoughts on a few subjects. THE MARKET The motto of this market is simple. Don’t blink! The moves are off the charts. The moves are outlier events. There is no way to get a feel…
A few thoughts and then the markets. Thank you S&P. I gather that surprises many of you as I have railed against the rating’s services for years. That hasn’t changed. There should have been criminal indictments against these companies for what they did with mortgage securities but right now, they did us a big favor….
Futures just popped on a “supposed” better-than-expected job’s report…but have backed off markedly. Europe has bounced nicely off this morning’s lows also. Just keep in mind that a bounce/rally will occur at any time because the DOW just dropped almost 1400 points in 10 trading days. It would be normal to bounce up a few…
For the past 2 years, I have been writing reports with the same title on several occasions. Simply put, if they didn’t stop the deficit spending, there would eventually be a tipping point…and it will be the markets that stop them. It is my take that the markets have finally had enough. Politicians around the…
