by jonathan@gurneyfinancial.com | Feb 3, 2020 | Uncategorized
While it is important to take the coronavirus ordeal seriously, and it could potentially get worse, this is a classic extrapolation error that many fail to comprehend. To be clear, I am not saying the market will not go lower. Frankly, I hope it does as I can get...
by jonathan@gurneyfinancial.com | Jan 11, 2020 | Uncategorized
WEEKLY MAJOR INDEX PERFORMANCE The Nasdaq continues to “kill-it” while the Russell 2000 continues to lag. Sooner than later the Russell 2000 will likely play catch-up after a breather across the broader general market. After seeing a recent bid in...
by jonathan@gurneyfinancial.com | Dec 28, 2019 | Uncategorized
WEEKLY MAJOR U.S. INDEX PERFORMANCE The Nasdaq continues to show strength. From a mid-term perspective, I don’t expect this to change. Short-term, a little breather is likely needed for a more sustainable rally. WEEKLY SECTOR PERFORMANCE Overall, risk-on assets...
by jonathan@gurneyfinancial.com | Dec 20, 2019 | Uncategorized
The upward trend continues as the S&P 500 consolidated sideways from Monday – Thursday of this week. Thursday, 12.19.2019, we finally closed above the $3200 level that we had been testing hard all week. The breakout spurred another boost Friday, 12.20.2019,...
by jonathan@gurneyfinancial.com | Dec 14, 2019 | Uncategorized
WEEKLY MAJOR INDEX PERFORMANCE Overall, the market grinded higher this week on trade optimism, though there appears to be a little disappointment once Phase 1 of the trade deal with China details were released Friday, 12.13.2019. On the news, there was a 100...
