Monthly Archives: May 2019

Your Wednesday Market Blip 5/29/19

Your Wednesday Market Blip 5/29/19
Stocks continued to fall as trade tensions rule the roost. The Dow was off 221 points to 25,126 on lighter trading volume. Yesterday saw a downside reversal and both IBD and BTS are defensive. Markets are now down about 6% from recent highs and the S&P 500 today held support at the 200-day moving line.…
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Your Weekly Market Blip 5/24/19

Your Weekly Market Blip 5/24/19
After getting whacked by trade fears on Thursday, markets rebounded to close out the week. The driving force of recent market volatility is all about trade negotiation headlines. At the close of business today the Dow was up 95 points at 25,585. Trading volume was very low. For the week, the Dow posted a net…
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Your Wednesday Market Blip 5/22/19

Your Wednesday Market Blip 5/22/19
The markets continue to mark time and the Dow is stuck in a trading range with 25,200 on the low end and 26,600 on the high end. The big issue keeping stocks range bound is China. The trade negotiations, while they are ongoing, have become more complicated thanks to the 5G battle between China’s Huawei,…
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Your Tuesday Market Blip 5/21/19

Your Tuesday Market Blip 5/21/19
Stocks rallied on low volume as the trade war between China and the US ebbs and flows. At the close the Dow gained 197 points at 25,877. IBD is still showing “market in correction” while BTS has recently moved to cash indicating a more risk off approach. The general tone of the markets is one…
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