Monthly Archives: December 2020

Your Wednesday Blip 12/30/20

They say that hindsight is 2020. Let’s hope so. At the close the Dow was up 73 points to 30,409. Trading volume was mixed. There will be a partial trading session tomorrow but as of today the Dow was up 6.5% for the year and the S&P 500 was higher by 15.5%. Meanwhile the NASDAQ…
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Your Monday Blip 12/28/20

Stocks rallied post-Christmas and got a boost after the virus relief package was finally signed into being. The measure brings $900 billion to those struggling with the fallout of the pandemic. At the close the Dow had gained 204 points and hit an all-time high closing at 30,403. Trading volume was higher and both IBD…
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Your Wednesday Blip 12/23/20

Stocks finished that day mixed with bank and material stocks (iron ore, timber and copper) leading the way while tech stocks took a breather. At the close the Dow was higher by 114 points to 30,129. Trading volume was lower. Both BTS and IBD indicators remain positive. Shares of electric truck maker Nikola slid over…
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Your Tuesday Blip 12/22/20

Stocks ended the day mixed as Congress cleared the $900 billion stimulus bill and sent it to President Trump for his signature. Vaccines continue to make their way into the healthcare system and stocks continue to trade near the 30k mark. At the close the Dow was off 200 points to 30,015. Trading volume was…
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