by Bob von Halle | Jan 28, 2020 | Commentary, Options
Have seen quite a pick up in option activity in recent days in Gilead Sciences (GILD). Yesterday over 10,000 March $67.5 calls were purchased at various prices up to $.95 (closed today at $1.10). Today, saw almost the same amount of the Jan 31st weekly $64.5 calls...
by Gary S. Morrow | Jan 26, 2020 | Chart of the Day, Commentary
“Stocks actually have traded in a tight range from February through June during election years, with the big rally taking place during the second half of the year,” explained LPL Financial Senior Market Strategist Ryan Detrick. More: “From a quarterly view, the...
by Gary S. Morrow | Jan 21, 2020 | Chart of the Day, Commentary
Hershey is heading higher. Shares of HSY are perking up nicely as the new week begins. The stock is at new January highs and is beginning to put some distance on very heavy resistance near the Nov/Dec peak. Back on Oct. 24th HSY suffered a nasty earnings driven...
by Gary S. Morrow | Jan 20, 2020 | Commentary
Market & Portfolio Review: 01-20-20 – LifePro Asset Management LPAM Tactical Opportunity Strategy is up 6.7% in 2020(S&P 500 Index/+3.06%). Since inception the Tactical Opportunity Strategy is up 74%. Over that same time period the S&P 500 Index is...
by Gary S. Morrow | Jan 17, 2020 | Chart of the Day, Commentary
Prudential will post its best weekly close since late July. Is a fresh rally leg on the way? Shares of Prudential have been struggling with heavy resistance near its flat-lining 200 day moving average since late October. This key indicator has capped multi week highs...
by Gary S. Morrow | Jan 17, 2020 | Chart of the Day, Commentary
20 year double bottom? Q1 2000=Q1 2020? The ultimate ‘something’s gotta give’ chart. Great stuff here from Callum Thomas: Value vs Growth: the investment strategy graveyard is littered with failed calls for a turnaround in the performance of value vs...
