Monthly Archives: May 2016

Your Thursday Market Blip 5/19/16

Stocks pulled back with the Dow closing down 91 points to trade near 17,434.Trading volume was high and the stock rally continues to be under pressure. The Dow is now negative for the year. The Federal Reserve released the notes of its last FOMC meeting and contained within them was a clear indication that a…
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Your Tuesday Market Blip 5/17/16

Stocks gave up yesterday’s gains after U.S. consumer prices recorded their biggest increase in more than three years in April as gasoline and rents rose. The data pointed to a steady inflation build-up that could give the Federal Reserve ammunition to raise interest rates in the November time period. Odds makers upped the possibility of…
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Your Monday Market Blip 5/16/16

Stocks did well to begin the trading week. The Dow closed Monday up 175 points to 17,710 on heavy trading volume. Shares of Apple Computer moved up after news got out that old Warren Buffet himself had been buying shares for the first time. Apparently he likes the dividend just as much as the iphone.…
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Your Weekly Market Blip 5/13/16

Markets in the US (aka global island of prosperity) continue to jump around as the Dow began the day lower then went positive before breaking our hearts with a light volume selloff of 185 points to 17,535. For the week the Dow lost about 1% in value and now sits about 5% below all-time highs.…
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