Monthly Archives: September 2018

Your Thursday Market Blip 9/27/18

Stocks closed the day higher and the S&P 500 had its first positive day in 4 sessions. Trading volume was a bit lower and the Dow gained 54 points to 26,439. Tech stocks were higher led by Apple after the company received an upgrade from JP Morgan. Amazon jumped back over $2,000 per shares. The…
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Your Wednesday Market Blip 9/26/18

Stocks started the day with a positive note but ended down 106 points at 26,385. Trading volume was higher and bank stocks led markets lower. IBD and BTS are still “thumbs up” on the market rally. The Federal Reserve increased interest rates today from 1.75% to 2% and indicated that there will be one more…
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Your Monday Market Blip 9/24/18

Stocks were lower today as tariffs went into effect on $200 billion of Chinese imports while China responded with tariffs on $60 billion of US imports. The two sides are apparently not talking, and uncertainty continues to surround the issue. Big importers of “stuff made in China” like Walmart are worried while recent surveys of…
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Your Weekly Market Blip 9/21/18

It was a slow news day and the markets saw some sector rotation. Investors moved out of tech and into energy and utilities, which doesn’t really play into the whole China/tariff thing. The Dow ended up gaining 86 points to close at 26,743 while the NASDAQ was down half a percent. We wonder if some…
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