Monthly Archives: August 2020

Your Wednesday Blip 8/19/20

Retail earnings reports continue to show positive results however markets appear to be hitting resistance after setting record highs. At the close the Dow fell 85 points on light volume and finished the day at 27,693. Target posted earnings and the results smashed Q2 forecasts as the company is reaping benefits from investments in stores,…
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Your Tuesday Blip 8/18/20

Markets got an early boost from positive housing data and earnings from Home Depot and Walmart but as the day wore on the bullish fever faded and at the close the Dow was off 66 points at 27,778. Trading volume was up a bit. Both IBD and BTS still are positive on overall market direction.…
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Your Weekly Blip 8/14/20

The Dow ended the week on a positive note. It was not only up, but it finished the day with a strong close. For the day, the Dow was up 34 points, it was up 1.8% for the week, and closed at 27,931. The markets continue to monitor the economy, and today, they were particularly…
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Your Thursday Blip 8/13/20

It was a mixed market today, with the S&P and Dow indexes down, the NASDAQ up, and a better than expected jobs report. For the first time since March, the U.S. Labor Department reported initial jobless claims under 1 million. Claims came in at 963,000 which was well below the expectation of 1.1 million. This…
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