Monthly Archives: July 2018

Your Monday Market Blip 7/30/18

Your Monday Market Blip 7/30/18
Sector rotation appears to be the order of the day as tech stocks continue to face selling pressure while banks, energy and material stocks post gains. At the close the Dow was off 144 points on lighter trading volume to end the day at 25,306. Caterpillar reported earnings and the market reacted with a smile.…
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Your Weekly Market Blip 7/27/18

Your Weekly Market Blip 7/27/18
Stocks closed lower to end a trading week that was packed with earnings reports. The Dow was off 76 on light trade at 25,451. For the week the Dow was up 1.5% or roughly 353 points. Both IBD and BTS indicate that underlying fundamentals are good and that markets have a green light. The cash…
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Your Thursday Market Blip 7/26/18

Your Thursday Market Blip 7/26/18
Stocks were mixed as the Dow was up while Facebook pulled the NASDAQ lower. At the close the Dow was up 112 at 25,527 on strong trading volume. Amazon reports earnings after the bell. The big news today was Faceplant earnings. After the closing bell yesterday, Facebook reported Q2 numbers which missed estimates. Revenue came…
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Your Wednesday Market Blip 7/25/18

Your Wednesday Market Blip 7/25/18
Stocks were mixed for most of the day but then steel and aluminum trade concessions with Europe were announced and as a result the Dow shot higher in the waning moments of the day to close up 172 at 25,414. Trading volume was down for most of the day but closed higher thanks to the…
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