Tag Archives: Housing

Your Weekly Blip 5/24/21

The Markets,Stocks continue to show volatility which appears to have been started with a 60% drop in the price of bitcoin and rippled through equity markets. The bottom line however is the Dow continues to trade at the 34,000 level with support at the 50 day moving average. Gurus are expecting continued volatility for the…
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Your Weekly Blip 4/19/21

The Markets, Last week the Dow surged to an all-time high rising 1.1% or 409 points to close at 34,200. Trading volume for the week was up which indicates institutions are buyers in this rally. While stocks were off slightly today both IBD and BTS indicators remain positive. Corporate earnings are being reported and so…
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Your Tuesday Blip 12/22/20

Stocks ended the day mixed as Congress cleared the $900 billion stimulus bill and sent it to President Trump for his signature. Vaccines continue to make their way into the healthcare system and stocks continue to trade near the 30k mark. At the close the Dow was off 200 points to 30,015. Trading volume was…
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Your Wednesday Blip 9/23/20

Stocks opened higher then reversed lower as tech stocks renewed their selloff. At the close the Dow was lower by 525 points at 26,763 on heavier trading volume. The reasons for the pullback appear to be concerns over a delay in federal stimulus as the pace of the economic recovery slowed a bit as evidenced…
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