Business
Dow Jones Falls Mildly, Twitter Pounded, Bitcoin ETF Plunges 18%; Time To Take Profits? – Investor’s Business Daily
The Dow Jones Industrial Average, a 1.6% winner last week, took a well-earned break. Bitcoin fell very sharply. Twitter cut its losses.
The stock market today took the latest news of a potential removal of embattled President Donald Trump from office in stride, as blue chip stocks showed normal-looking pullbacks. The Dow Jones Industrial Average, which surged 1.6% during the first trading week of 2021, gave up a measly 0.3% on Monday.
XThat stopped a four-day win streak.
However, notice on a daily chart on MarketSmith how the blue chip index shows a nice cushion above its rising 21-day exponential moving average since bouncing off…
