The Markets and EconomyMarkets last week showed strength (at least for now) as the Dow jumped 5.4% and causing IBD to switch equities to “rally” mode after Friday’s massive 823 point surge on strong trading volume. Today’s action was a bit soft and traders digested gains (burp!) and the Dow pulled back 61 points on…Read more
About: Cleo Hernandez
Recent Posts by Cleo Hernandez
Your Weekly Blip,The Markets and EconomyThe Blip goes out today because the stock market will be closed on Monday in observance of Juneteenth, or June 20th, which celebrates the end of slavery in the US.This week’s market action was rough sailing as the Dow fell 5.1% and is now at the 29,979 mark. As of…Read more
The Markets and EconomyLast week the Dow lost about 0.9% after gaining over 6% the prior week. Today the Dow closed up a whopping 16 points on higher trading volume at 32,915. Volatility is the order of the day as traders digest all the uncertainty of the days events. IBD still lists markets in rally…Read more
The Markets and EconomyLast week the Dow Jones Industrial Average found support and bounced up 6.24% or roughly 1,941 points. The IBD market indicator flipped to “rally” mode but today stocks took a breather and the Dow closed off 222 points at 32,990 on lighter trading volume. Last weeks rebound was broad based with energy…Read more
Recent Comments by Cleo Hernandez
No comments by Cleo Hernandez yet.