Market Blip

Your Thursday Market Blip 5/24/18

Your Thursday Market Blip 5/24/18
Stocks opened the day higher then fell 200 points when President Trump told “Our Dear Leader” that the June 12th meeting betwixt the US and NK was off. After the initial selloff the markets then rallied and the Dow ended the day with a closing loss of 75 points at 24,811. Trading volume was lower.…
Read more

Your Wednesday Market Blip 5/23/18

Your Wednesday Market Blip 5/23/18
Stocks pulled a nice reversal to close in the green on higher volume. The Dow opened by falling over 100 points before a late rally brought it to a closing gain of 52 points at 24,886. The reason behind the rally was a Federal Reserve press release saying they would allow inflation to run above…
Read more

Your Tuesday Market Blip 5/22/18

Your Tuesday Market Blip 5/22/18
Stocks fell today after President Trump mentioned that the meeting with North Korea currently set for June 12th might not happen. What did happen today in North Korea was the arrival of 20 journalists from the US, China, and everywhere else but S. Korea to observe the shutdown on Thursday of the nuke test site…
Read more

Your Monday Market Blip 5/21/18

Your Monday Market Blip 5/21/18
The markets bolted higher at the bell thanks to positive trade news regarding China and the US. The Dow was up 298 points on lighter trading volume to close at 25,013. Both IBD and BTS indicators continue to show “green”. Over the weekend China and the US agreed on trade terms that will end the…
Read more