Category Archives: Weekly Market Blip

Your Weekly Market Blip 3/27/20

After three days of green bliss the Dow closed off 915 at 21,636 in a “buy the rumor sell the fact” type of move. Trading volume was lower for the day. The $2 trillion stimulus bill passed the House via voice vote and was sent to the White House for President Trump’s signature. A trillion…
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Your Weekly Market Blip 3/20/20

Markets opened and gained 2.2% but then slowly faded into the close with the Dow off 913 at 19,173 on heavy trade as new virus cases in the US rise along with increased testing. BTS remains in cash and IBD shows markets in correction. Treasury prices were up as was gold while oil pulled back…
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Your Weekly Market Blip 3/13/20

It was a one day bear market! Markets ended an ugly week with a crazy late “Friday the 13th” rally of 1,400 points in the final half hour to close up 1,985 points at 23,185. Corona hedge stocks like Docusign and Zoom along with some biotech stocks were higher as was a general rebound across…
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Your Weekly Market Blip 3/6/20

Charles Dickens wrote: “It was the best of times, it was the worst of times” These words seem to sum up recent conflicting market action and economic fundamentals. The Dow ended the trading week on a down note losing 256 at 25,864. What is interesting about today is that just like last Friday the Dow…
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