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5.22.2020 – The Market Remains Range-bound: A Frustrating but Necessary Process

5.22.2020 – The Market Remains Range-bound: A Frustrating but Necessary Process

by jonathan@gurneyfinancial.com | May 22, 2020 | Uncategorized

Quick Thoughts: Tech has been in “beast mode” as of late and has consolidated a bit as “beat to dead” names got a bid this week. The S&P 500 traded in a tight 70 point range between $2910-$2980 all week. We have stressed that sideways movement would be preferred....
5.9.2020 – The War Between Technicals and Fundamentals

5.9.2020 – The War Between Technicals and Fundamentals

by jonathan@gurneyfinancial.com | May 9, 2020 | Uncategorized

It is interesting to see April 30, 2020 close at the exact level it was a year ago: $2954. Will it test to $2728 like it did last year? TBD. This was the theme last week. The question remains! Quick Thoughts/Questions I Ask Myself: Over $4.5 trillion dollars are...

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