Category Archives: Daily Market Blip

Your Tuesday Market Blip 5/21/19

Your Tuesday Market Blip 5/21/19
Stocks rallied on low volume as the trade war between China and the US ebbs and flows. At the close the Dow gained 197 points at 25,877. IBD is still showing “market in correction” while BTS has recently moved to cash indicating a more risk off approach. The general tone of the markets is one…
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Your Monday Market Blip 5/20/19

Your Monday Market Blip 5/20/19
Stocks were lower to start the week. The Dow closed off 84 points to 25,679 on lighter trading volume. As per usual, trade worries top the list of worries. Morgan Stanley thinks that if current trade talks fail and tariffs become long lasting it could cause a recession. In the tech/telecom space, Chinese based Huawei…
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Your Thursday Market Blip 5/16/19

Your Thursday Market Blip 5/16/19
Stocks rallied out of the gate overcoming a negative opening bias thanks to strong earnings reports and a delay in possible car tariffs on Germany. At the close the Dow was up 217 at 25,864. Trading volume was higher. Cisco Systems reported earnings that were better than expected. Revenue was up 4% and net income…
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Your Wednesday Market Blip 5/15/19

Your Wednesday Market Blip 5/15/19
Stocks continued to rebound during all the trade related volatility. The Dow was up 115 points on higher trading volume to close at 25,648. IBD is listing markets as “markets in correction”. Increased volatility is being driven by trade issues and increasing tensions in the Middle East as the US and European countries pulling non-essential…
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