While Boeing continues to weigh on the Dow, the NASDAQ has been boosted by a strong move in the semiconductor/chip sector which is benefitting from demand for 5G and electric cars. At the close the Dow was up 65 points at 25,914. Trading volume was lower. Bank stocks were higher along with chip companies. Micropoopie…Read more
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Markets finished the week with an uptick as shares of Boeing reversed higher from an earlier selloff coupled with a solid move higher by chip stocks. At the close the Dow was up 139 points at 25,849. Trading volume was very high due to the monthly options expiration period. For the week the Dow was…Read more
The Dow ended the day up 7 measly points to close at 25,709. During the day, markets were mixed and traded back and forth in a holding pattern with trading volume drying up like a mud puddle in the desert. The latest news from Boeing was that after a squabble, the black box from the…Read more
The US stock market continues to show upward bias amid a storm of news. At the close the Dow was up 148 at 25,702. Trading volume was higher. Dan “the man” over at BTS put out a note saying the markets appear in good shape thanks to a strong labor market and the Fed putting…Read more
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