Gary Morrow

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Gary Morrow is president of Yosemite Asset Management, LLC, a registered investment advisory firm in San Luis Obispo, Calif. He manages individual accounts through Charles Schwab and runs a long/short hedge fund. Prior to forming Yosemite, Morrow spent 12 years on the floor of the Chicago Mercantile Exchange trading foreign currency and interest rate futures. He holds a bachelor's degree in economics from Ripon College.

By

Gary Morrow

 | Mar 3, 2015 | 12:01 PM EST
WSM is headed for a significant pullback, as are quite a few other retail names. I have been long the stock since last September, a painful...
By

Gary Morrow

 | Mar 2, 2015 | 2:42 PM EST
Maxim is approaching a major level. The stock is trading within easy striking distance of the 2014 high of $35.75. Back in June of last year...
By

Gary Morrow

 | Mar 2, 2015 | 2:04 PM EST
Zoetis is testing its February high today. The stock is up 3% on the day as it bumps up against the $47.50 area. A day after the stock's...
By

Gary Morrow

 | Feb 27, 2015 | 3:07 PM EST
Despite a big upgrade from Credit Suisse(from Neutral to Outperform)FDX is relatively flat today. The stock is up about 1.5% but will likely...
By

Gary Morrow

 | Feb 27, 2015 | 1:23 PM EST
Chesapeake Energy (CHK) is about to retest a major support zone. This will put the stock in a very low risk buy zone. After topping in June the stock...
By

Gary Morrow

 | Feb 27, 2015 | 12:10 PM EST

Stalking the stock's first healthy pullback since early December.

By

Gary Morrow

 | Feb 26, 2015 | 2:30 PM EST
FedEx is working on its sixth straight loss and is now back below its 50 day moving average. The stock appears headed for its second straight...
By

Gary Morrow

 | Feb 26, 2015 | 11:06 AM EST
Shares of Taser are getting pounded this morning following a Q4 profit miss. The stock is off over 12% on very heavy early trade after opening...
By

Gary Morrow

 | Feb 25, 2015 | 3:36 PM EST
Apple is about to take out the lower band of a powerful bull channel that has been in place since the early January low. Shares are off over 2....
By

Gary Morrow

 | Feb 25, 2015 | 2:19 PM EST
Alcoa is struggling today. The stock is off over 3.5% and is putting in fresh February lows. Volume is picking up as AA begins to leave behind...
I always say avoid the self confident who are full of themselves. The only certainty (in t...

Kudos to Bret "Not George" Jensen today in my Diary.
Great job.

The market is coming to terms with the increasing possibility of interest rates moving hig...
Bonds and notes are taking it on the chin following a much better than expected jobs numbe...

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