Tag Archives: Timber

Your Thursday Blip 12/17/20

Stocks were higher today as stimulus talks appear to be making headway. At the close the Dow was up 148 at 30,303. Trading volume was higher and both IDB and BTS indicators remain positive. Let’s talk a bit about increasing prices in steel, timber, gas and oil. Steel stocks have been moving higher lately. Steel…
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Your Monday Blip 9/14/20

Markets pushed higher at the open thanks to merger and vaccine news. At the close the Dow was higher by 327 points to 27,993. Trading volume was mixed. IBD continues to show the uptrend being under pressure. It was “merger Monday” as several Wall Street M&A deals were announced. Gilead Sciences is buying Immunomedics for…
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Your Weekly Market Blip 12/28/18

Stocks closed the week on another uptick. The last three days have seen strong buy volume come into the markets during the final hour of trading which is known as “happy hour” because it is when ETFs have to square their positions against trades that have occurred during the day. At the close the Dow…
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Your Wednesday Market Blip 5/23/18

Stocks pulled a nice reversal to close in the green on higher volume. The Dow opened by falling over 100 points before a late rally brought it to a closing gain of 52 points at 24,886. The reason behind the rally was a Federal Reserve press release saying they would allow inflation to run above…
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