Monthly Archives: January 2016

Your Thursday Market Blip 1/28/16

The Dow continues to trade in a tight range rising 125 points today to 16,069. Trading volume was mixed. Good earnings reports coupled with rising oul prices set the tone for today’s action. Facebook reported stellar earnings as revenue gained 52% and net income was up 46%. Analysts were tickled with the report and sent…
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Your Wednesday Market Blip 1/27/16

Markets were on a wild ride today before getting bucked off to finish the day down 222 at 15,944. Trading volume was heavier. The Federal Reserve issued a dovish policy statement saying they will hold rates steady for now even though the course set last year is still in place. The press release noted that…
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Your Tuesday Market Blip 1/26/16

The Dow bounced back on heavy volume from yesterday’s Wall Street snow covered correction. The Dow gained 282 points to 16,167. We are in a “yo – yo” market. Apple Computer reports earnings after the close today. US economic data continues to be spotty. US consumer confidence rose to 98.1 and the expectations index also…
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Your Monday Market Blip 1/25/16

Stocks fell today in concert with the price of oil as oversupply continues. The Dow fell 207 to close at 15,885. Trading volume was very light which is a positive. McDonald’s reported earnings and beat estimates as the rollout of the 24/7 breakfast has been hotter than a fresh cup of coffee. Net income gained…
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