by Gary S. Morrow | Mar 10, 2022 | Chart of the Day
US Price increases over last year (CPI report): Used Cars: +41% Gasoline: +38.0% Gas Utilities: +23.8% Meats/Fish/Eggs: +13.0% New Cars: +12.4% Electricity: +9.0% Food at home: +8.6% Overall CPI: +7.9% Food away from home: +6.8% Apparel: +6.6% ...
by Gary S. Morrow | Mar 9, 2022 | Chart of the Day
At last month’s lows shares of Twitter were down just over 60% from 2021 all time highs(Feb. 2021). Since the nasty spike high back on November 29th(Dorsey news: Twitter CEO Jack Dorsey steps down, CTO Parag Agrawal tapped to replace him [Video] (aol.com))...
by Doug McKay | Mar 9, 2022 | Chart of the Day
50% haircut from ATH. Good support is 10% lower from here as they increase subscription prices.
by Gary S. Morrow | Mar 6, 2022 | Chart of the Day
Hat tip Tim Urban/@waitbutwhy
by Gary S. Morrow | Mar 2, 2022 | Chart of the Day
At last week’s low shares of LULU had dropped over 40% from their all time highs set back in November of ’21. This steep decline drove the stock into deeply oversold territory. At last month’s lows LULU’s weekly MACD indicator was far...
by Gary S. Morrow | Feb 22, 2022 | Chart of the Day
Shares of Nike are trading at new 2022 lows as the new week begins. The stock is extending its drop from the November 2021 highs to 23%. For 2022 NKE is off 18%. We expect the stock to reach a key support zone soon. Back on June 25th of last year NKE exploded to...
