by Gary S. Morrow | Apr 21, 2022 | Chart of the Day
Are we headed for a multi-year trend of commodities outperforming stocks? Just maybe. Hat tip Willie Delwiche/@WillieDelwiche
by Gary S. Morrow | Apr 14, 2022 | Chart of the Day
The XLU(SPDR Select Sector Utilities ETF) continues to trade near all time highs. At last week’s peak the index was up over 20% from the Feb. 2022 lows. This powerful move has driven XLU into extremely overbought territory. Both the daily and weekly MACD...
by Gary S. Morrow | Apr 13, 2022 | Chart of the Day
Excellent stuff from Dr. Megan Martin: This a comparison of counties with and without mask mandates. It may make people “feel” better to “do something” but unfortunately that something is not a mask mandate. Would love to see focus turn to...
by Gary S. Morrow | Apr 7, 2022 | Chart of the Day
Charles River Labs has been tracing out an ugly bear channel since last October. During this phase the stock dropped over 45% by the early March lows. CRL has bounced back since and is now beginning to pierce the upper trendline of the channel. This key boundry...
by Gary S. Morrow | Apr 3, 2022 | Chart of the Day
Will the S&P 500 Index follow the seasonal pattern this year? Hat tip ISABELNET
by Gary S. Morrow | Apr 1, 2022 | Chart of the Day
Helluva run for energy off the Pandemic lows. We have been overweight the sector since late 2020. Hat tip Otavio Costa/@TaviCosta
