Monthly Archives: December 2015

Your Wednesday Market Blip 12/30/15

Your Wednesday Market Blip 12/30/15
Markets took a break today falling 117 points to 17,603 on light trading volume. The pullback was due to falling oil prices (good for consumers) and a 0.9% drop in pending home sales surprising the gurus who had expected a 0.5% gain. The fall in pending home sales was attributed to higher prices and super…
Read more

Your Tuesday Market Blip 12/29/15

Your Tuesday Market Blip 12/29/15
Stocks traded well up as we head into New Year’s Eve and the official dropping of the ball in the big apple! The Dow gained 192 points to close at 17,720 on heavier trading volume. People are starting to talk about what 2016 will bring in terms of market returns and it seems that there…
Read more

Your Monday Market Blip 12/28/15

Your Monday Market Blip 12/28/15
Stocks continue to limp along heading into the end of the year. The Dow overcame an early 100 point selloff to rebound and close down only 24 points at 17,528. Trading volume was lower than a snake’s belly in a wagon rut. Early reports indicate that Christmas holiday sales were good. Amazon reported that 3…
Read more

Your Wednesday Market Blip 12/23/15

Your Wednesday Market Blip 12/23/15
The Dow continued to gain ground closing up 185 points to 17,602. Trading volume was higher on the day but still well below average with the approach of Christmas. What was interesting about today’s trading action was the profit taking in tech stocks that have been big winners this year versus the buying in beaten…
Read more