Latest Posts

GARY ON SOMEONE CALLING FOR A BIG UP MOVE FROM HERE!

newsletter_placeholder

GARY ON SOMEONE CALLING FOR A BIG UP MOVE FROM HERE!

9/2/2014

TRANSCRIPT:

GARY: Since we have recently discussed a few people saying the market was going to crash, we needed to also take issue with the other side…so:

Morgan Stanley strategist Adam Parker and economist Ellen Zentner believe that the conditions are just right for the bull market to keep going for years.

“Our best guess is that an S&P 500 peak of near 3000 is possible!”

This is a guess for 5 years down the road. They basically went on to say that everything is lined up for this to occur. I will not belabor their points because it doesn’t matter. To think that someone can extrapolate today into 5 years from now…good luck. I am here just to make the point just like a Harry Dent calls for 3000-5000 Dow, we want you to ignore both. I have news for you. The market is going to do whatever it wants to do regardless of what anyone thinks. There are just too many variables that can come up to change the playing field. Just realize, most outrageous bear calls come during bear markets and the most outrageous bull calls come during bull markets. Remember DOW 36,000? Wall Street is littered with people who come out with predictions that are far and away from the norm. As usual, my favorite line is that I do not know what I am even going to eat tonight…let alone 5 years from now. JUST WATCH THE MARKET.


OH JOY! THEY NEVER SAY THIS NEAR THE LOWS!

Participants run in front of Cebada Gago

OH JOY! THEY NEVER SAY THIS NEAR THE LOWS!

SOURCE: http://www.businessinsider.com/morgan-stanley-sp-500-3000-2014-9


GLAMOUR BACK?

social media

GLAMOUR BACK?

Don’t need a long-winded note today. Markets are acting fine…but just needed to highlight the NASDAQ/NDX-types/glamour growth names. We are talking BIOTECH…we are talking SOCIAL MEDIA…we are talking TECH…we are talking a few CHINESE ADRs…and we are talking new merchandise via IPOs that are showing strength out of IPO base breakouts. We are watching to see if we start to get what we would call a “nifty-fiftyish”- type market. Many would use that term as a negative because it typically means big money is flowing into fewer and fewer names. We will look to use it to look for what we call powerful growth names in the marketplace.


AL GORE IS A MONEY GRUBBING, OPPORTUNISTIC BULL#@%# ARTIST!

al-gore

AL GORE IS A MONEY GRUBBING, OPPORTUNISTIC BULL#@%# ARTIST!

SOURCE: http://www.dailymail.co.uk/news/article-2738653/Stunning-satellite-images-summer-ice-cap-thicker-covers-1-7million-square-kilometres-MORE-2-years-ago-despite-Al-Gore-s-prediction-ICE-FREE-now.html


GARY ON THE MARKETS AND ANOTHER CALL FOR A CRASH!

ap9511130198

GARY ON THE MARKETS AND ANOTHER CALL FOR A CRASH!

We will have a much bigger report over the holiday weekend but first a few notes!

Shorter term, markets are stretched, extended and overbought from their norm. Many are talking it is due for a pullback. They are correct, but that does not mean markets have to pull back. QE markets are different. One should know that by now. Keep in mind, eventually all major indices will revert back to their 50 day moving averages. It is just a matter of when.

The NASDAQ and especially the NDX continue to lead the way as their recent pullback was contained nicely while other areas were hit harder. Speaking of hit harder, small caps continue to underperform markedly but have been coming on recently. One glance at the NDX versus the RUSSELL 2000 speaks volumes.

Strength continues to be found in important “risk” areas like BIOTECH, SEMICONDUCTORS and a decent slew of growth names. It is also important that big FINANCIALS finally caught a bid with the XLF into new high ground.

Lastly, without naming names, we have been told by many that ANOTHER pundit is calling for a crash of anywhere between 30-60%. For the umpteenth time, Wall Street is littered with these people that either call for 100,000 Dow or the next crash. This latest prognosticator forgot to mention that this prediction was also made in 2010 and 2012. We are in hopes you get the point.

 


BUTCHERS,MURDERERS,INHUMANE…NO OTHER WORDS TO DESCRIBE!

Iraqi war

BUTCHERS,MURDERERS,INHUMANE…NO OTHER WORDS TO DESCRIBE!

SOURCE: http://www.dailymail.co.uk/news/article-2736764/Marched-deaths-Sickening-ISIS-slaughter-continues-250-soldiers-captured-Syrian-airbase-stripped-led-desert-mass-execution.html


Radio

thumbnail
Radio

Investors Edge – 09/01/2014 Hour 1

Investors Edge – Hour 1 Listen to todays show by clicking here.

thumbnail
Radio

Investors Edge – 08/29/2014 Hour 1

Investors Edge – Hour 1 Listen to todays show by clicking here.

thumbnail
Radio

Investors Edge – 08/28/2014 Hour 1

Investors Edge – Hour 1 Listen to todays show by clicking here.

Television

Newsletter

Gary Kaltbaum owns Kaltbaum Capital Management, LLC (“KCM”), an investment adviser registered with the U.S. Securities and Exchange Commission. The opinions expressed herein are those of Mr. Kaltbaum and may not reflect those of KCM. The information offered in this publication is general information that does not take into account the individual circumstances, financial situation or individual needs of an investor. The information herein has been obtained from sources believed to be reliable, but we cannot assure its accuracy or completeness. Neither the information nor any opinion expressed constitutes a solicitation for the purchase or sale of any security. Any reference to past performance is not to be implied or construed as a guarantee of future results.

Main Navigation