Category Archives: Weekly Market Blip

Your Weekly Market Blip 8/9/19

Stocks were on a wild ride today with the Dow dropping 280 points intraday before a rally at the close put the Dow at 26,287 down 90 points. The Dow had actually gone positive but then faded at the closing bell. The cause of all the volatility is trade talks between the US and China.…
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Your Weekly Market Blip 8/2/19

Markets continue to pull back and volatility is on the rise given the latest trade news from China. IBD has gone to a “market under pressure” reading and Dan the Man over at BTS is still sitting on a 30/70 mix of treasury and high yield bonds which means they are cautiously optimistic but realize…
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Your Weekly Market Blip 7/19/19

Stocks began the day up nicely on good earnings reports but then word leaked out that Iran had apparently snatched a British oil tanker in the Straits of Hormuz. This news dropped equity markets lower and caused a jump in oil prices. The Dow finished the day down 68 at 27,154. Trading volume was mixed.…
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Your Weekly Market Blip 7/12/19

The markets continue to hit new highs, but trading volume is mild which indicates that this is more of a “skeptical” breakout. Kind of like a chicken pecking open an egg. We continue to see high levels of fear which is healthy but next week we will get earnings reports and this will tell us…
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