EARLY HMMM! NOTES

ByGary Kaltbaum June 26, 2017

The mystery gap to the upside has already faded into the red for the NASDAQ-types/SEMIS. Our big worry of half the SEMIS in bad shape has to be watched as the SOX has rallied up but…

Seeing a few ugly wedges in other SEMI names.

Watching real closely here as the 50 day held on the nasty drop but this bounce becoming somewhat icky! Yes…icky! It is early in the day.

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Gary Kaltbaum owns Kaltbaum Capital Management, LLC (“KCM”), a state registered investment adviser. The opinions expressed herein are those of Mr. Kaltbaum and may not reflect those of KCM. The information offered in this publication is general information that does not take into account the individual circumstances, financial situation or individual needs of an investor. The information herein has been obtained from sources believed to be reliable, but we cannot assure its accuracy or completeness. Neither the information nor any opinion expressed constitutes a solicitation for the purchase or sale of any security. Any reference to past performance is not to be implied or construed as a guarantee of future results.

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