Newsletter

More wicked action!

The wild swings of the past week continues as Monday received the upside of those swings. But it remains more important to look underneath the

More rangebound nonsense!

MORE RANGEBOUND NONSENSE” By Gary Kaltbaum @GaryKaltbaum garyk.com Up 140 on Monday…down 330 on Tuesday…up 260 on Thursday…down 250 on Friday before a late save

Not much to add on market!

Very little to add. More yuck in a bunch of areas with the Euro continuing to crumble. Major indices that had broken above range have

Corrective action continues!

And that’s being nice. But first, for a very long time, every time markets have been hit hard, every time massive distribution showed up, every

Not so good morning!

We held off writing last night just to see how this morning goes and it is not pretty…a decent gap to the downside. We just

Changes…and not the good kind!

First off…what has not changed: We remain bearish on about 40% of the market…with most worsening in the past week. Our latest stance change occurred