kaltbaum premarket

I am not making this up. Put my head down on pillow last night at 745 pm…and woke up at 630 am. I guess I am still on Europe time. I didn’t even get a chance to scan last night…but will start scanning in 5 minutes But really dont need to scan. The “forced: follow through day which occurred on more european b.s. news…already in trouble. AMZN,CRUS,EBAY breaking. Names like ISRG,PCLN,CMG, maybe MA looking like late stage failed bases.

 

I am well aware we are entering earnings season but I must tell you…not thrilled with what I am seeing. Yesterday marked a high volume reversal and distribution day in the market.

 

AAPL holding better than most but if this continues, they will get it also…and I know AAPLM reports next week. I say sell a quarter of the position with the $20 plus gain.

 

I have been asked many times about QCOR and answered one way…dont want to buy a one drug company…you can see what happened with one negative report. Pick your poison.