Short morning notes!

By Gary Kaltbaum
garyk.com
@GaryKaltbaum
Fox News Business Contributor6 coin tosses and 6 wins for Hillary? Hmmm! Cattle futures anyone?

Bank of Japan Governor Haruhiko Kuroda said overnight that the BoJ would do whatever it takes to fight deflationary forces in the Japanese economy. Really! 0% rates forever, the handing out of money, the buying up of markets with debt, the printing of money and the recent negative rates and Japan now says there’s a lot more aggressive things to do.

Yesterday was gross. Hey, we told you the bear market rally would be “jagged!” Let us just say yesterday’s high had better not be it for the bear market rally. After all, our studies have shown that bear market rallies last 4-10 weeks. So far, this one gets a “D!”And just a little lesson on markets. One of our most important rules for bear markets is : “IN BEAR MARKETS, BLOW-UPS HAPPEN MORE OFTEN!” Did you see Royal Caribbean yesterday? Integrated Device? Amazon? Simply put, these types of blow-ups occur much more in bear markets and we are getting more than a handful.

The lows of January 20th continue to hold. Thrilled?