Category Archives: Daily Market Blip

Your Tuesday Market Blip 2/18/20

All eyes are on the China virus story and its widening effect on global commerce specifically affecting shares of Apple today. Meanwhile Tesla gapped higher in what finished as an overall mixed day with the NASDAQ up while the Dow closed lower dropping 165 on heavy trading at 29,232. Apple warned investors today that it…
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Your Thursday Market Blip 2/13/20

Stocks took a breather after a spike in coronavirus infections. The Dow opened lower by triple digits but then rallied a bit before closing with a 127 point loss at 29,423 on lower trading volume. IBD indicators remain in rally mode and the good folks at BTS (not the Korean boy band called BTS) has…
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Your Wednesday Market Blip 2/12/20

It was another strong day for the US markets as the Dow powered to a new all-time high of 29,551 up 275 points. Trading volume for the Dow was higher meaning that institutions are buyers at the current level. IBD continues to show stocks in rally mode. Federal Reserve Chair Powell spoke before Congress yesterday…
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Your Tuesday Market Blip 2/11/20

Stocks waffled today as the Dow closed down a half point at 29,276 after trading higher for most of the day. Trading volume was up. Coronavirus fears subside as infections per day seem to be declining a bit although traders are keeping a wary eye. While at the Singapore Airshow, Boeing’s VP of marketing said…
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