Monthly Archives: August 2019

Your Thursday Market Blip 8/29/19

Your Thursday Market Blip 8/29/19
Stocks bolted higher after China indicated it would think things over before responding to the US’s latest tariff moves. Gurus saw this as a sign that China might soften its trade stance sparking global markets to move higher with the Dow ending the day up 326 at 26,352 on heavier trading volume. The world is…
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Your Wednesday Market Blip 8/28/19

Your Wednesday Market Blip 8/28/19
Today was the opposite of yesterday. Markets began the day off triple digits, reversed and closed up 258 at 26,036 on heavier trading volume. IBD still has markets in “rally under pressure” and BTS is on the sidelines. Action is in bonds however which is a good signal of support for stocks. Brexit is influencing…
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Your Tuesday Market Blip 8/27/19

Your Tuesday Market Blip 8/27/19
Stocks opened the day higher but then reversed as investors are trying to make sense of the trade talks between China and the US which seems to change at a moment’s notice. At the close the Dow was off 120 points to 25,777. Trading volume was up a bit. Costco has officially opened its first…
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Your Monday Market Blip 8/26/19

Your Monday Market Blip 8/26/19
Stocks rallied today after China indicated it was willing to start trade talks again. At the close the Dow was up 269 points at 25,898 on lighter trading volume which is expected since this is the week before Labor Day. The market is being pulled between headline risk, ok US fundamentals and a slowing global…
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