Monthly Archives: March 2016

Tour Thursday Market Blip 3/24/16

Stocks began the day lower but ended with a slight gain. The Dow closed up 13 points to 17,515. Trading volume was mild. All in all it was a calm yet mixed session. Los Angeles CA based KB Homes reported “mansion quality” Q1 earnings yesterday and the numbers highlight a US housing market that continues…
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Your Wednesday Market Blip 3/23/16

The Dow fell 80 points today on heavy volume as the US dollar rose and oil prices fell. At the close the Dow was at 17,502. Some are calling this a “bunny” market because it is up and down in small hops as of late. Word out is that several Federal Reserve board members are…
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Your Tuesday Market Blip 3/22/16

Stocks were mixed today as the Dow traded both up and down before falling into the close while the NASDAQ held late gains. At the close The Dow was off 40 points to 17,583. Trading volume was light as markets held steady and seemed to climb a wall or worry. Today’s action broke a 7…
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Your Monday Market Blip 3/21/16

Stocks traded in mixed fashion before finishing with a mild rally on light volume. There are many traders who feel the current rally is “technical” in nature instead of “fundamental” The difference is that technical means a lot of short covering is going on. The gurus are thinking that longer term investors are not active…
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