Monthly Archives: February 2020

Your Thursday Market Blip 2/20/20

Coronavirus, and news that the Fed is not likely to lower interest rates, gave brief caution to investors and saw stocks trade off sharply early in the day. Traders rotated out of the growth and “momentum” stocks, such as healthcare and tech, and into bonds and value oriented investments like real estate, energy, and utilities.…
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Your Wednesday Market Blip 2/19/20

The Dow ended higher by 115 points at 29,345. Trading volume was a bit lower and the rally was in part driven by what appears to be a slowing spread of the China corona beer virus. Market action is similar to the back and forth we saw during the trade negotiations. With US stock markets…
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Your Tuesday Market Blip 2/18/20

All eyes are on the China virus story and its widening effect on global commerce specifically affecting shares of Apple today. Meanwhile Tesla gapped higher in what finished as an overall mixed day with the NASDAQ up while the Dow closed lower dropping 165 on heavy trading at 29,232. Apple warned investors today that it…
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Your Weekly Market Blip 2/14/20

Once again we get a Friday selloff as the pattern of taking money off the table before a weekend continues. The Dow closed off 25 points on slightly higher trading volume at 29,398. For the week the Dow gained 1% or 290 points in market action that is fairly constructive according to IBD and BTS.…
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