by Gary S. Morrow | Apr 15, 2021 | Market Update
After a rough March that was characterized by a broad rotation under the hood of the stock market from the secular winners and into low-quality cyclical companies, secular growth stocks appear to be reasserting leadership. Similar to a front line that can ebb and...
by Gary S. Morrow | Jul 29, 2019 | Market Update
Tricky markets ahead. July has been the strongest month of the year for the last ten years. August and September have been the two weakest. Considering the huge gains so far in ’19(20+%) a bit of a pause/consolidation would not be a surprise. Hat tip Ryan...
by Gary S. Morrow | Jun 9, 2019 | Commentary, Market Update
The S&P 500 Index gained just shy of 4.5% last week, the best weekly gain of 2019. This type of strength is rare. Measured from Monday’s close to Friday’s close the index jumped an even great amount(4.7%). What’s next? OddStats put up some...
by Gary S. Morrow | May 2, 2019 | Chart of the Day, Commentary
The S&P 500 Index is extending yesterday afternoon’s post Fed weakness. On Wednesday the SPX opened at new 2019 highs before closing out the session slightly lower. At mid day today the index is off 18 points and is looking quite weak. The $2950.00 area...
by Gary S. Morrow | Mar 10, 2019 | Market Update
The lede from Zerohedge.com: Exactly ten years ago on March 9, 2009, just as rumors were swirling that the Fed would unleash and expand its QE1 program by $1 trillion (confirmed on March 18, 2009), the current “bull market” began and since then, despite...
