kaltbaum premarket

I am thrilled…I am thrilled because market is down this morning. I am thrilled because the extended foreign markets are pulling in. I am thrilled because the markets need to work off last week’s gap on “news!”

 

That said, unless distribution rears its ugly head, it should be a feast on breakout pullbacks. Do nothing today. Again…do nothing today…and let’s hope any pullback is constructive.

 

Of note:

 

Not a lot of earnings this week…MON,AA and WFC on Friday.

 

AMZN gaps near old highs on upgrade.

 

AAPL still cant find a friend…down $6.