KALTBAUM MIDDAY

Things have settled down a bit…but it is early.

 

This latest move has been fed-injected…led by a huge dollar drop leading to a big rally in commods of all types with the financials joining in as the fed gave them a freebie until 2015.

 

A lot of things starting to pull in…and that is good news. Technically, market looks great…just needs some settling down.

 

A few oil names are now in play. Names like COG,HFC and a few others I mentioned to you. They are just starting to emerge and do not need to be played just yet.

 

The service is up a little less than 10% on KORS…and would be more but they announced another secondary. This is keeping it from moving. I will probably look to sell Monday…just for a trading move…and hopefully, if it gets going again. buy back. I am not sure yet. I am trying to get a hold of when the secondary is getting done. The sooner the better.