by Gary S. Morrow | Feb 19, 2021 | Chart of the Day
Fear: “Hopefully, by the time we start entering 2022, we really will have a degree of normality that will approximate the kind of normality we’ve been used to,” Dr. Fauci Hope: Dr. Marty Makary, penned an Op-ed in the WSJ this morning saying...
by Gary S. Morrow | Feb 18, 2021 | Chart of the Day
Shares of ADP are in breakout mode today. The stock is up over 2.5% and is heading for its best February close. This powerful move has driven the stock past a key overhead trendline that links the multi week December and January highs. ADP is well below overbought...
by Gary S. Morrow | Feb 18, 2021 | Chart of the Day
Choppy action ahead? If true, active management will outperform passive quite nicely. We are active managers. Hat tip Ryan Detrick/@RyanDetrick
by Gary S. Morrow | Feb 16, 2021 | Chart of the Day, Commentary
Big move for Vail Resorts this morning. Shares are up just shy of 4% at mid day as a 3 month consolidation appears to be coming to an end. MTN has been trading inside a narrow range since the ‘Vaccine News’ week(Nov. 9-Nov. 13) while remaining very near...
by Gary S. Morrow | Feb 15, 2021 | Chart of the Day, Commentary
Viruses gonna do what viruses gonna do. From Philip Watson: “I see this consistently, interventions only slightly change the shape of the trend lines but not the overall outcomes. This would lead any sane person to presume that viruses will do what viruses...
by Gary S. Morrow | Feb 12, 2021 | Chart of the Day, Commentary
It’s never hard to find a reason to sell… Great chart from Ryan Detrick/@RyanDetrick