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We dig Jay Leno!

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We dig Jay Leno!

SOURCE: http://www.aol.com/article/2014/11/20/jay-leno-surprises-wounded-soldier-with-a-brand-new-car/20996868/?icid=maing-grid7|htmlws-main-bb|dl14|sec1_lnk3%26pLid%3D567787


WTF is going on at UC BERKELEY?

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WTF is going on at UC BERKELEY?

I don’t even know what to say about this!

SOURCE: http://www.dailymail.co.uk/news/article-2843539/UC-Berkeley-students-ignore-Fox-commentator-waving-ISIS-flag-ATTACK-waves-Israeli-flag.html


My comments in USA TODAY!

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My comments in USA TODAY!

SOURCE: http://www.usatoday.com/story/money/markets/2014/11/21/stocks-friday/19331459/


Another athlete goes broke…because of mom and dad!

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Another athlete goes broke…because of mom and dad!

SOURCE: http://www.dailymail.co.uk/news/article-2843247/NHL-star-Jack-Johnson-forced-declare-bankruptcy-parents-squander-30million-fortune-back.html


Don’t fight the fed, the fed, the fed…no, that fed…and that fed…

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Don’t fight the fed, the fed, the fed…no, that fed…and that fed…

There was no doubt we were headed into a bear market as we had a classic topping pattern leading to the October plunge. This was no coincidence as the U.S. was winding down (for now) it’s printing of money. The last 2 times the U.S. stopped, markets dropped 17 and 20% respectively. It should be obvious, fedheads knew about this and were worried about it. They had something up their sleeve. Little did we know there was a coordinated effort on a global scale that increased this morning. First, it was our Fedheads trying to calm things down by saying we would have another QE program if need be. Then, the BOJ not only increases but increases markedly. Then you got Bernanke Jr in the ECB dude…and now surprise, surprise, surprise, China lowers rates leading to a stretched, extended, overbought and overly bullish sentiment reading market to gap up this morning. Wait a minute, did you say China? That can’t be. China is growing 8%/year. Why would they need to ease? Well according to the accounting firm Dewey, Cheatham and Howe…maybe, just maybe the numbers in China are not what they are cracked up to be. At least, China is worried.

I remember the charts from 1999 well. Stretched and extended became more stretched and extended which became more stretched and extended. This occurred because of easy monetary policy. Well…we now have the mother, father, sister, brother, aunt, uncle and long lost cousin of an easy monetary policy which makes Greenspan look like Volcker…and it is causing all this. The SEMIS are poised to break out of range. The BIG FINANCIALS may just do the same. We already know about the major indices notwithstanding the small caps.

Enjoy the day. Since we have been asked a few times already this morning…we do not predict reversals but we recognize when a market can be ripe for reversals off of news-driven gaps. Just realize the few men and women that run the trillions that have been printed and that will be printed in the future…remain in control as this massive coordinated effort grows larger and larger.


These stats are stunning and outrageous!

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These stats are stunning and outrageous!

SOURCE: http://www.zerohedge.com/news/2014-11-19/21-facts-prove-government-dependence-out-control-america


Radio

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Radio

Investors Edge – 11/21/2014 Hour 1

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

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Radio

Investors Edge – 11/20/2014 Hour 1

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

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Radio

Investors Edge – 11/19/2014 Hour 1

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

Television

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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.

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