Monthly Archives: June 2019

Your Wednesday Market Blip 6/26/19

Stocks opened the day higher but as the closing bell sounded the Dow was down 11 points 25,536 on lighter trading volume. IBD still has markets in rally mode while BTS continues to hunker down and is keeping funds in US Treasury bonds. This signals that opinions regarding market dynamics are mixed with some bullish…
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Your Tuesday Market Blip 6/25/19

Stocks pulled back after the Federal Reserve said it was in “wait and see” mode meaning that they might not lower interest rates in July as most gurus expect. The news was not what the markets wanted to hear as they had already priced in an interest rate cut, which sent traders to the sell…
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Your Monday Market Blip 6/25/19

Stocks eked out a gain on lighter trading volume in a very quiet session. At the close the Dow was up 8 points at 26,727. Both the S&P 500 and NASDAQ were slightly lower. It seems people are holding off until they see what happens at the G20 meeting. This week the G20 meeting occurs…
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Your Weekly Market Blip 6/21/19

Stocks ended the trading week on a mixed note. Tensions in the Middle East fell a bit after President Trump apparently decided not to retaliate against Iran for shooting down a US drone. Oil prices continued to creep higher with WTI crude rising to $57.40 per barrel. At the close the Dow was down 34…
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