Monthly Archives: May 2016

Your Wednesday Market Blip 5/25/16

For the second day in a row the Dow posted solid gains prompting IBD to signal that markets are back in rally mode. The Dow gained 145 points on heavy trade to close at 17,851. The leaders today were energy stocks. Oil jumped 2.24% to close near $49.71 per barrel for WTI crude. Oil stockpile…
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Your Tuesday Market Blip 5/24/16

Stocks rallied on good economic news. At the close the Dow gained 213 points on heavy trading volume to close at 17,706. The Commerce Department said that sales of single family new homes rose a stunning 16.6% in the latest reading blowing away estimates by such a margin that the economists who made them sought…
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Your Monday Market Blip 5/23/16

Stocks opened the trading week on a mild low volume day losing 8 points at the close to finish at 17,492. Trading volume was very light indicating this was a throw away day. Global economic reports today reveal that Japanese manufacturing fell as exports declined 10.1% and imports tanked by 23%. This puts more pressure…
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Your Weekly Market Blip 5/20/16

Stocks closed out the week with a small gain as the Dow rose 65 points to close at 17,500. Trading volume was lower on the Dow but higher on the NASDAQ. For the week the Dow lost about 25 basis points and is back to break even for the year. China is not happy. The…
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