Category Archives: Daily Market Blip

Your Monday Market Blip 11/5/18

Stocks traded in mixed fashion as the Dow was up while the NASDAQ was lower. Bank stocks were higher and tech stocks, led by Apple and Amazon traded lower. At the close the Dow gained 190 at 25,461. Trading volume was lower. Berkshire Hathaway moved up 5% after reporting good earnings. Revenue was up 7%…
Read more

Your Wednesday Market Blip 10/31/18

Stocks finished the month of October with another move higher as the Dow gained 241 points on light trading volume to end at 25,115. For the month of October, the Dow dropped 5%. Indicators are still negative but any good news on trade could push stocks higher plus companies are restarting share buy back programs…
Read more

Your Tuesday Market Blip 10/30/18

Stocks rallied, and the Dow closed up 431 points on heavy trading volume to 24,874. Consumer stocks and retailers led the way and Apple unveiled new products as we head into the holiday season. IBD and BTS indicators are still negative. IBD has markets in correction mode and BTS is in cash. Earnings reports continue…
Read more

Your Monday Market Blip 10/29/18

Trade giveth and trade taketh away. Stocks began the week with a rebound on positive China trade news but then erased a 350-point rally with a loss of 245 points on……you guessed it…. negative trade news. Sigh. The negative news was that if upcoming G-20 trade talks do not bear fruit then the US will…
Read more