Monthly Archives: November 2018

Your Thursday Market Blip 11/29/18

Your Thursday Market Blip 11/29/18
Stocks were slightly lower today with the Dow falling 27 points to 25,338. Trading volume was light. World leaders are winging their way to Buenos Aires for tomorrow’s G20 summit. Dan the Man and the boys over at BTS reported that when volatility returned to the markets over the Thanksgiving Day period, support levels for…
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Your Wednesday Market Blip 11/28/18

Your Wednesday Market Blip 11/28/18
The markets surged after Federal Reserve Chairman Jerome “JP” Powell said that current interest rates are “close to” neutral after saying they were “way below” neutral just two months ago. This news was a signal that the Fed might not increase rates next year as much as markets had been expecting. It seems JP blinked…
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Your Tuesday Market Blip 11/27/18

Your Tuesday Market Blip 11/27/18
Stocks opened the day lower by about 200 points but then steadily gained ground and at the close was up 108 at 24,748. Trading volume was mixed. IDB has the market listed in correction mode after last week’s pullback. BTS is still green light saying that recent weakness was met with tons of support and…
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Your Monday Market Blip 11/26/18

Your Monday Market Blip 11/26/18
Stocks rallied today as the Dow closed up 354 points at 24,640. Trading volume was high and toward the end of the week the markets will be watching the G20 Summit in Argentina and a meeting between Chinese President Xi and President Trump. Amid shifting consumer tastes, General Motors today announced it is transitioning to…
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