Market Blip

Your Monday Market Blip 11/11/19

Your Monday Market Blip 11/11/19
Stock markets were open for Veteran’s Day, while the bond markets took a holiday. Trading volume was low and the Dow started the day down but eventually crawled back to gain 10 points and close at 27,691. There continues to be optimism surrounding corporate earnings, and their financial health going forward. The big corps are…
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Your Weekly Market Blip 11/8/19

Your Weekly Market Blip 11/8/19
Stocks ended a productive week on a flat note. The Dow gained 6 points to 27,681 and trading volume was way off. For the week, the Dow gained about 1.2%. The only news of interest was that Elon Musk sent Tesla short seller David “Silky Seymour” Einhorn a pair of shorts in the mail to…
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Your Thursday Market Blip 11/7/19

Your Thursday Market Blip 11/7/19
Stocks jumped on trade optimism with material and banks leading the way while utility stocks fell as investors rotate out of safe havens into risk assets. The Dow closed up 182 points to a new record high of 27,674. Trading volume was off a bit. Stocks are breaking out to the upside and both IBD…
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Your Wednesday Market Blip 11/6/19

Your Wednesday Market Blip 11/6/19
Stocks took a pause near record highs after a report came out that Presidents Trump and Xi might not sign a trade deal until December. In light of this news the Dow finished unchanged at 27,492. Trading volume was low. The phase 1 trade deal between China and the US might not get any signatures…
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