Tag Archives: Brexit

Your Wednesday Market Blip 8/28/19

Today was the opposite of yesterday. Markets began the day off triple digits, reversed and closed up 258 at 26,036 on heavier trading volume. IBD still has markets in “rally under pressure” and BTS is on the sidelines. Action is in bonds however which is a good signal of support for stocks. Brexit is influencing…
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Your Monday Market Blip 7/29/19

While last week was heavy with earnings reports, this week will be heavy with policy, trade and economic data. Markets were mixed today as traders took profits on tech stocks while shares of banks and healthcare countered the tech selloff. At the close the Dow was up 28 points on light trading volume at 27,221.…
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Your Monday Market Blip 12/10/18

Stocks continue to test support at the 24,200 level. The Dow opened the day positive then fell over 400 points but as the day wore on rallied and closed with a gain of 34 points at 24,423. Trading volume was up. Banks struggled and tech stocks, led by chip makers, did well. Broadcom reported strong…
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Your Monday Market Blip 11/12/18

The world economy appears to be weakening while the US economy is strong. This is pushing the US dollar higher against foreign currencies and could affect the earnings of companies that rely on exports. The markets were whacked today in part because of this and the Dow was off 602 points on light trading volume…
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