Market Blip

Your Weekly Blip 4/12/21

Stocks closed off a bit today with the Dow down 54 points to 33,745. Over the past week the Dow gained 4.9% to an all-time high as a broad rally came on the heels of positive comments from the Federal Reserve. Earnings reports for the 1st quarter begin to trickle in this week and positive…
Read more

Your Weekly Blip 4/5/21

Last week the Dow was up a net 80 points and was closed for trading on Good Friday. Today the markets made up for lost time thanks to Friday’s strong jobs report with the Dow finishing up 373 points to 33,527. Both IBD and BTS indicators remain positive as the economy continues to rebound.The March…
Read more

Your Weekly Blip 4/1/21

Stocks advanced today as yield fell and EV stocks race higher. The Dow closed up 171 points to 33,153 on lighter trading volume. Both IBD and BTS indicators are positive and overall US economic indicators continue to point to an improving situation despite occasional glitches.Speaking of glitches, Ford Motor announced it was cutting production at…
Read more

Your Wednesday Blip 3/31/21

As investors begin to analyze the infrastructure bill announced today by President Biden and headed to Congress for debate, the markets closed mixed with the NASDAQ higher while the Dow fell 85 points to 32,981. Trading volume was up and current market indicators from BTS and IBD are positive.Steel stocks bolted higher today after Cleveland…
Read more