Monthly Archives: November 2017

Your Tuesday Market Blip 11/21/17

The equity markets continue to dazzle as the Dow gained 160 points on heavy trading to finish the day at 23,590. BTS indicators are in cash while IBD has markets in rally mode. The difference between the two readings is that the bond markets (BTS) tend be much more sensitive to certain conditions than stocks…
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Your Monday Market Blip 11/20/17

Thanksgiving week is upon us and the markets will be closed on Thursday and only open half a day on Friday. This week usually tends to be a slow one since everyone is gone and stuck in airports while trying to fly somewhere for a good turkey dinner. At the close the Dow was up…
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Your Weekly Market Blip 11/17/17

The tax reform act has passed the House and cleared a Senate committee where it will now go the Senate floor for a vote although I don’t have a date estimate for the vote. Doubts about how this will play out cast a shadow over stocks today and at the close the Dow fell 100…
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Your Thursday Market Blip 11/16/17

Stocks today rebounded from yesterdays losses thanks to strong earnings reports. Market action however came on lighter volume which is not something bulls like to see. Some commentators are also concerned that markets are getting narrow in that more stocks are hitting lows than highs but this is hidden from view because the companies hitting…
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