As earnings season got underway the markets pulled back with the Dow falling 157 to 28,678 on heavy trading volume. JP Morgan, Citigroup, Johnson & Johnson and Delta Airlines all reported results today. IBD continues to list markets in rally mode. JP Morgan Chase reported better than expected earnings as the bank set aside less…Read more
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Corporate earnings and stimulus talks pushed markets higher at the opening. At the close the Dow was higher by 250 points to 28,837. Trading volume was lower due to bond markets and banks being closed for Columbus Day. The NASDAQs was up big on strong volume ahead of Amazon’s Prime Day and Apple’s latest product…Read more
The on again off again Stimulus talks are driving market action and today the talks were back on and the market powered higher. At the close the Dow was up by 161 points at 28,586 on heavier trading volume. For the week the Dow gained 3.2% and is now positive for the year. As we…Read more
Stocks opened the day higher largely due to restructure news from IBM and airline stimulus talks which are on again and off again. At the close the Dow posted a gain of 122 at 28,425 on higher trading volume. IBD continues to list markets in rally mode. Airline stocks were higher today as the White…Read more
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