Markets were mixed in trading action that was choppier than a logger sports event. The Dow closed up 36 points at 28,032 on higher volume while the NASDAQ was lower on lighter trade. The rally continues to trade under pressure. At the conclusion of its meeting today the Federal Reserve said it will keep interest…Read more
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The Federal Reserve begins a two day policy meeting today while positive news regarding vaccines and economic data pushed stocks higher with tech leading the way while utilities and value gave up a strong start and were lower on the day. At the close the Dow was up 2 points to 27,995. Trading volume was…Read more
Markets pushed higher at the open thanks to merger and vaccine news. At the close the Dow was higher by 327 points to 27,993. Trading volume was mixed. IBD continues to show the uptrend being under pressure. It was “merger Monday” as several Wall Street M&A deals were announced. Gilead Sciences is buying Immunomedics for…Read more
Stocks finished the trading week on a mixed note with the Dow up while the NASDAQ was down. At the close the Dow gained 131 points to 27,665. Trading volume was down for the day. IBD has markets as “rally under pressure”. For the week the Dow was down about 1.5%. The US Labor Dept…Read more
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