Tag Archives: Twitter

Your Wednesday Blip 2/10/21

Stocks worked both sides of the fence today before closing in mixed fashion with the Dow up 61 points at 31,437 on heavier trading volume while the NASDAQ fell 35 points to 13,972. Both IBD and BTS indicators remain positive and today’s action saw banks and energy lead the way. Shares of Tweeter bolted higher…
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Your Weekly Blip 10/30/20

All the big tech companies reported earnings yesterday and while the results were good the market reaction was not so good. It seems that with stimulus off the table and rising infections, investors are building cash heading into the pre-election weekend. At the close the Dow off 157 at 26,501. Trading volume was higher. While…
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Your Weekly Blip 6/12/20

Stocks rebounded after getting whacked yesterday. A Chinese official made conciliatory remarks regarding the recent tensions between the US and China. The Dow was up 477 points at 25,605. Trading volume was down. IBD still lists markets in rally mode but the number of accumulation/distribution days has increased a bit. For the week the Dow…
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Your Thursday Market Blip 2/6/20

Positive trade news boosted stocks today. The Dow pushed further into record territory with a gain of 88 points to 29,379. Trading volume was lower on the day. IBD has markets listed as “stocks in rally” as opposed to last week when they were listed as “rally under pressure”. As part of the phase one…
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