by Gary S. Morrow | Nov 27, 2021 | Chart of the Day
Hat tip Marco Charts/@MacroCharts
by Gary S. Morrow | Nov 24, 2021 | Chart of the Day
Deere & Co is trading at new November highs following this morning’s solid earnings results: Deere (DE) Earnings Surpass Estimates in Q4, Improve Y/Y – November 24, 2021 – Zacks.com. This breakout type move is attracting heavy volume as the...
by Gary S. Morrow | Nov 24, 2021 | Chart of the Day
From Charlie Bilello: New Home Prices in US hit another record high in October, up 18% in the last year. Median prices, last 10 yrs: Oct 2021: $408k Oct ’20: $347k Oct ’19: $322k Oct ’18: $328k Oct ’17: $320k Oct ’16: $303k Oct...
by Gary S. Morrow | Nov 23, 2021 | Chart of the Day
AMAT is approaching a very solid support zone as the pullback from last week’s high continues. This key zone includes the initial 2021 peak set back in early April. AMAT had mounted a powerful move(+155%) off the October 2020 lows($86) before running out of...
by Gary S. Morrow | Nov 23, 2021 | Chart of the Day
“Conspiracy theories are everywhere and people don’t understand how harmful they are. I made the original Conspiracy Chart over a year ago. An update was long overdue. This is the 2021 version.” Abbie Richards/@abbieasr
by Gary S. Morrow | Nov 22, 2021 | Chart of the Day
Steel Dynamics is setting up well for a fresh rally leg. The stock has been consolidating in a narrow range since October 18th(earnings). A close above the October high($68.90) could spark quite a run. The 50D, as in the recent past, is providing solid support. ...
