by Gary S. Morrow | Jan 16, 2021 | Commentary
Key bit: Now, more than a decade after the last recession ended, the United States is carrying a record amount of debt: more than $23 trillion. The country is on track to add more than $1 trillion to that total in every year of the coming decade, with old age...
by Gary S. Morrow | Jan 15, 2021 | Commentary, Market Update
In this week’s market update, we will review our liquidity indicators across the U.S. and China to measure the degree of monetary policy support for asset prices in 2021 and what it means for client portfolios. We will also compare the current stock market environment...
by Gary S. Morrow | Jan 15, 2021 | Chart of the Day, Commentary
Akamai Technologies is moving well today. Shares are up over 3.5% placing it in the top five of the SP 500 gainers list. This powerful move has driven the stock to new December highs. We believe AKAM is setting up well for a fresh rally leg. Back on Oct. 28th AKAM...
by Gary S. Morrow | Jan 14, 2021 | Chart of the Day, Commentary
Shares of Boeing have been pulling back since early December. This healthy action followed a powerful 73% rebound off the late October lows. BA has been tracing out a very narrow bear channel while consolidating the November ramp. The stock is beginning to pierce...
by Gary S. Morrow | Jan 12, 2021 | Charts, Commentary
Retesting post earnings low this week, attracting some attention. At Monday’s low down 42% from 2020 highs. Weekly MACD now back to neutral after reaching extremely overbought levels back in early October. We consider BYND a fairly low risk buy near current...
by Bob von Halle | Jan 11, 2021 | Commentary, Options
2020 was notable for many things, but one of the below the radar happenings in the financial markets was the absolute explosion in options activity. In many cases, option flow actually drove the performance in the underlying stock, the classic “tail wagging the...