Tag Archives: Economic News

Your Monday Market Blip 9/17/18

Stocks today pulled back on trade war jitters and led lower by tech stock biggies Amazon and Apple. The Dow closed the day down 95 points on light trading volume to end at 26,062. Stocks in China continued to sell off hard and the Shanghai Index is now off 26% from its January high. Economic…
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Your Thursday Market Blip 11/30/17

  Stocks moved higher due to several factors. One being the rising odds of the tax bill passing the Senate while another was the continued solid economic reports showing GDP estimates at 3.3% up from 3%. IBD still has markets in rally mode while BTS continues to sit in cash which is sending mixed signals.…
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Your Wednesday Market Blip 11/1/17

The markets were mixed heading into big earnings reports tonight from Faceplant, Tesla and others. At the close the Dow was up 57 points on heavy trade to 23,435. The NASDAQ was lower on heavy trade waiting for “the apple to drop” which happens after the close tomorrow. For the month of October the Dow…
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Your Wednesday Market Blip 10/4/17

The Dow gained another 20 points to 22,661 on lighter trading volume. Both IBD and BTS indicators are positive even though some investment managers like Russell Investments are pulling their hair out hoping for a pullback because they are in cash and missing all the gains. Economic data continues to be robust. The ISM service…
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