Monthly Archives: October 2018

Your Wednesday Market Blip 10/31/18

Stocks finished the month of October with another move higher as the Dow gained 241 points on light trading volume to end at 25,115. For the month of October, the Dow dropped 5%. Indicators are still negative but any good news on trade could push stocks higher plus companies are restarting share buy back programs…
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Your Tuesday Market Blip 10/30/18

Stocks rallied, and the Dow closed up 431 points on heavy trading volume to 24,874. Consumer stocks and retailers led the way and Apple unveiled new products as we head into the holiday season. IBD and BTS indicators are still negative. IBD has markets in correction mode and BTS is in cash. Earnings reports continue…
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Your Monday Market Blip 10/29/18

Trade giveth and trade taketh away. Stocks began the week with a rebound on positive China trade news but then erased a 350-point rally with a loss of 245 points on……you guessed it…. negative trade news. Sigh. The negative news was that if upcoming G-20 trade talks do not bear fruit then the US will…
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Your Weekly Market Blip 10/26/18`

Stocks continue on a wild ride as traders focus on interest rates, midterm elections and tariffs. The Q3 GDP growth rate came in above estimates at 3.5% and earnings reports continue to hit the news wires. Reuters had a good article about how China is starting to quietly lower its tariffs. Check it out on…
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