by Gary S. Morrow | Mar 5, 2021 | Chart of the Day
From Charlie Bilello: Covid-19 hospitalizations in the US have declined 51 days in a row, down 67% from their peak on Jan 6.
by Gary S. Morrow | Mar 3, 2021 | Chart of the Day, Commentary
Another jump in yields has sparked a sharp rally in banks. The $BKX(KBW Bank Sector Index) is up 2.5% in today’s early going. State Street Corp is one of a number of big gainers in the sector. Shares are up just shy of 4% as the March rally extends to 10%. ...
by Gary S. Morrow | Mar 1, 2021 | Chart of the Day, Commentary
Shares of Corning are trading at new 2021 highs as the new month begins. Today’s 3.5% gain extends the stock’s rally since its May 26th breakout(highlighted here: https://twitter.com/GarySMorrow/status/1265715693787344896?s=20) to 80%. During this nine...
by Gary S. Morrow | Mar 1, 2021 | Chart of the Day
From Adam Singer: “How is this different than any other form of racketeering? Everyone involved should be ashamed of themselves for crippling a generation w/debt from day 0. If you wonder why depression/anxiety are up for young people, new births are down, etc...
by Gary S. Morrow | Mar 1, 2021 | Chart of the Day, Commentary
Under Armour has been consolidating above key support since its powerful post earnings...
by Gary S. Morrow | Feb 26, 2021 | Chart of the Day
$13,000.00 is certainly a huge level for the Nasdaq Composite Index. This key area held multi week lows in January and is now providing solid support following the recent pullback. Why is the $13K area important? The 2020 high is very close, a high that was set the...