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The Market's Muted Reaction To The Manchester Terrorist Attack
Thursday, May 25, 2017 - 10:54am | 933When explosions rocked the Manchester concert hall hosting Ariana Grande Monday night, fight or flight instincts kicked in. Bystanders screamed, ran, panicked. The global community cried out in fear and empathy. Reactions made sense. But there was no logic to the response on Wall Street, which...
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PreMarket Prep Recap, March 21: We Haven't Seen A 2% Correction Since The Election
Tuesday, March 21, 2017 - 9:46am | 849Did you miss Tuesday's PreMarket Prep? Here are some of the highlights from today's show. Key Technical Levels General Mills (NYSE: GIS): Going long term, it has to retake $60, except for one blip to $58.70 in February, it has been in $60-$64 trading range for six months. It's now...
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2016 Has Been A Tough Year To Go Public
Tuesday, November 1, 2016 - 2:11pm | 429Gary Kaltbaum, an investment advisor, was a guest on Benzinga's PreMarket Prep Monday to talk about many topics that interest investors, including the state of the IPO market in 2016. Kaltbaum said he keeps a watch-list of up to 70 companies new to the stock market and said that they are "all...
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A Longtime Bear Is Bullish, And He Can't Remember The Last Time That Happened
Tuesday, July 12, 2016 - 11:53am | 449The S&P 500 is soaring to new heights. The index hit all-time highs in Monday's trading session, and one longtime bear is finding the breakthrough undeniable. Investment advisor and author Gary Kaltbaum joined Tuesday's PreMarket Prep to give an unusually bullish case for the index...
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The Bear Market Is Not Over Yet, May Have Two More Waves
Wednesday, September 30, 2015 - 1:22pm | 506Gary Kaltbaum was recently a guest on #PreMarket Prep, a daily trading idea radio show hosted by Joel Elconin and Dennis Dick. Tune in to the daily broadcast live Monday-Friday at 8 a.m. ET here. The SPDR S&P 500 ETF Trust (NYSE: SPY) is down 8.5 percent this year, with 10 percent of that...
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How Donald Trump Is Outpacing The GOP Pack
Tuesday, July 21, 2015 - 2:09pm | 611The numbers demand Donald Trump be taken seriously, at least for the time being. According to the most recent Washington Post-ABC News poll, Trump is the clear alpha within the Republican pack; 24 percent of registered GOP members and right-leaning voters listed the real estate tycoon as their...
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Kaltbaum Says Buybacks Are Behind EPS Growth At IBM
Thursday, April 23, 2015 - 12:15pm | 383Gary Kaltbaum was recently a guest on #PreMarket Prep, a daily trading idea radio show hosted by Joel Elconin and Dennis Dick. Tune in to the daily broadcast live Monday-Friday at 8 a.m. ET here. International Business Machines Corp. (NYSE: IBM)'s recent quarterly-earnings growth of 2 percent...