Monthly Archives: May 2021

Your Weekly Blip 5/24/21

The Markets,Stocks continue to show volatility which appears to have been started with a 60% drop in the price of bitcoin and rippled through equity markets. The bottom line however is the Dow continues to trade at the 34,000 level with support at the 50 day moving average. Gurus are expecting continued volatility for the…
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Your Weekly Blip 5/17/21

The Markets,Its tax filing day! Markets ended the day in the red with a 54 point loss at 34,327. Trading volume was mixed and IBD now lists markets are being under pressure due to last week’s volatility which saw the Dow lose about 1.1% in a wild trading week driven by inflation fears.The Economy and…
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Your Weekly Blip 5/10/21

The Markets,The “reflation trade” is alive and well as stogy Dow stocks continue to find favor while the tech heavy NASDAQ struggles. At the close today the Dow lost 32 points after trading up triple digits to close at 34,745. For last week the Dow bolted higher out of a tight trading range and rose…
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Your Weekly Blip 5/3/21

The Dow today closed higher by 238 points at 34,113. Trading volume was higher. Markets have been in a sideways pattern for 3 weeks now. Last week the Dow closed down 0.5% or roughly 160 points in slightly higher trading volume. For the year the Dow is up 10.7%. Both IBD and BTS indicators remain…
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