by Gary S. Morrow | Mar 30, 2019 | Commentary, Market Update
What’s next? Ryan Detrick of LPL Research sums it up: “A big start to the year historically has suggested the bulls could remain in charge the rest of the year,” explained LPL Senior Market Strategist Ryan Detrick. “In fact, 9 of the past 10 times the S&P...
by Gary S. Morrow | Mar 30, 2019 | Chart of the Day, Charts
The long term demographic trend says yes. Hat tip Bob Brinker
by Gary S. Morrow | Mar 29, 2019 | Market Update
As Q1 comes to a close here’s a look at the best and worst performers in the S&P 500 Index in 2019. Tech on top, healthcare pulling up the rear. More from Bespoke: Hat tip Charlie Bilello.
by Gary S. Morrow | Mar 29, 2019 | Chart of the Day, Charts
IBM has been bumping up against heavy resistance near the $142.00 area for weeks. This key zone as left behind following the stock’s massive post earnings breakdown gap back on October 17. IBM had already begun a steep pullback one week prior before the Oct....
by Bob von Halle | Mar 29, 2019 | Commentary, Options
Today is the third day in a row of substantial buy interest in the Morgan Stanley July 44 calls….On Wednesday over 7,500 contracts traded between $1.45-$1.50 with the stock around $41.75. On Thursday another 11,500 contracts crossed the tape at similar prices,...
