Monthly Archives: February 2016

Your Weekly Market Blip 2/26/16

Stocks traded mixed today as markets continue to follow the price of oil. At the close the Dow was off 47 points to 16,649. Trading volume was mixed. For the week the Dow gained about 1.6%. The US fourth quarter GDP figure was revised up from 0.7% to a 1% growth rate by the Commerce…
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Your Thursday Market Blip 2/25/16

Stocks once again mirrored oil as the Dow opened mixed then rallied into the close on very mild volume. The Dow gained 212 to16, 697. Support levels continue to hold and IBD is saying that while things could change, the markets for now have swung back to rally mode. Well it finally happened! An LNG…
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Your Wednesday Market Blip 2/24/16

Stocks today were on a roller coaster ride. The Dow opened lower by 250 points following a selloff in oil but then when the oil stockpile build number was released it was much lower than expected causing a reversal and pulling the Dow up with it. At the close the Dow was up 53 at…
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Your Tuesday Market Blip 2/23/16

Stocks and oil are going to appear as a couple on Dancing with the Stars! Oil fell about 5% causing the Dow to trade off as well. At the closing bell the Dow was off 189 points to 16,431 on heavy volume. Mark Mills, Senior Fellow and all around good guy at the Manhattan Institute…
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