Tag Archives: Manufacturing

Your Monday Blip 3/1/21

Stocks bolted higher as investors reacted positively to the Johnson & Johnson news on its single shot vaccine approval and the stimulus bill that appears to be getting near approval from Congress. At the close the Dow was higher by 603 points to close at 31,535. Trading volume was lower which indicates that big institutional…
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Your Wednesday Blip 12/2/20

The Dow began the day lower but slowly began to rally and at the close was up 60 at 29,884. Trading volume was lower for the day. Today’s upside reversal is positive for the markets from a technical standpoint because it showed that early selling was on light volume and was met with money coming…
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Your Wednesday Blip 9/2/20

The Dow rallied above the 29k mark as beaten down value stocks like banks and utilities played catch up to their high flying tech brethren. At the close the Dow was higher by 454 at 29,100 on heavy trading volume. Joel Kan over at the Mortgage Bankers Association noted that mortgage applications have now posted…
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Your Weekly Market Blip 5/15/20

The Dow closed the day up 60 points at 23,685. Trading volume was higher. During the day stocks traded both sides of the fence and the late rally was a positive technical sign. It was an overall down week for the Dow which lost about 645 points or roughly 2.6%. IBD still shows markets in…
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