Tag Archives: energy

Your Monday Blip 10/5/20

The Dow opened higher as market anxiety eased over President Trump’s battle with covid. At the close the Dow was higher by 465 points at 28,148. Trading volume was lower across the board. Energy and material stocks were market leaders on hopes that Congress was making progress on a stimulus package. IBD (Investor’s Business Daily)…
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Your Wednesday Market Blip 4/29/20

Stocks powered higher thanks to positive earnings and news of positive virus drug treatment from Gilead Sciences. The Dow tacked on 532 points on heavy trade to close at 24,633. IBD shows markets in rally mode while BTS is part in part out saying the risks of a pullback are significant. Google (aka Alphabet) reported…
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Your Tuesday Market Blip 4/21/20

Stocks sank for the second day in a row with techs leading the way lower. A bipartisan deal was reached in Congress for a $484 billion aid package. The deal includes $322 billion for the small business loan program which ran dry 5 days ago and $60 billion for farmers. At the close the Dow…
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Your Weekly Market Blip 4/9/20

Stocks closed out the shortened pre-Easter trading week on an uptick as the Dow gained 285 at 23,719. Trading volume rose significantly. Bank stocks and energy related companies were higher. For the week the Dow gained about 12%. Gurus appear to be cautiously optimistic but at the same time no one wants to pile in…
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