Tag Archives: Housing Market

Your Monday Blip 2/22/21

Tech stocks continue to slump as the Dow gained while the NASDAQ spilled the champaign. At the close the Dow was up 27 at 31,521 on higher volume led by energy, materials, banks, and industrial stocks. Both IBD and BTS continue to show markets in rally mode but it seems the gap between high flying…
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Your Wednesday Blip 9/16/20

Markets were mixed in trading action that was choppier than a logger sports event. The Dow closed up 36 points at 28,032 on higher volume while the NASDAQ was lower on lighter trade. The rally continues to trade under pressure. At the conclusion of its meeting today the Federal Reserve said it will keep interest…
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Your Monday Market Blip 3/21/16

Stocks traded in mixed fashion before finishing with a mild rally on light volume. There are many traders who feel the current rally is “technical” in nature instead of “fundamental” The difference is that technical means a lot of short covering is going on. The gurus are thinking that longer term investors are not active…
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Your Tuesday Market Blip 2/16/16

Stocks carried through from Friday’s rally as the Dow gained another 222 points on lighter volume to close at 16,196. The support levels at 16k continue to show resilience as global stability prevailed over the course of the weekend. Consumer stocks lead the way higher today. The spring housing market selling season kicked off yesterday…
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