Monthly Archives: April 2020

Your Thursday Market Blip 4/30/20

Stocks ended the month of April with a pullback as the Dow fell 288 points to 24,345 on heavier trading volume. For the month of April the Dow rebounded about 12% and for the year is off about 13%. So why are markets rebounding for the month of April when it seems the world is…
Read more

Your Wednesday Market Blip 4/29/20

Stocks powered higher thanks to positive earnings and news of positive virus drug treatment from Gilead Sciences. The Dow tacked on 532 points on heavy trade to close at 24,633. IBD shows markets in rally mode while BTS is part in part out saying the risks of a pullback are significant. Google (aka Alphabet) reported…
Read more

Your Tuesday Market Blip 4/28/20

Stocks opened the day higher but reversed and close lower on mixed volume. The Dow fell 32 points to 24,101 at the closing bell. Google reports earnings after the close. Earnings reports are coming in fast and furious. Seattle based F5 Networks reported better than expected results as online work from home video demand is…
Read more

Your Monday Market Blip 4/27/20

The markets moved higher as more states announce steps to end lockdowns and get back to business. The Dow closed the day up 358 points on heavy trading volume to close at 24,133. On tap this week is a Federal Reserve Board meeting and more earnings reports from companies like Apple, Tesla and Amazon. Bank…
Read more