Monthly Archives: June 2016

Your Thursday Market Blip 6/30/16

The post Brexit bounce might be turning into a rally as the Dow gained another 235 points to close at 17,929. Trading volume was higher indicating that big investors are coming back into US markets. The London FTSE index was up over 2% and the German DAX index gained 0.7%. What is noteable about this…
Read more

Your Wednesday Market Blip 6/29/30

Stocks continue to “bounce” after the Brexit selloff. The Dow gained another 284 points to 17,694 on heavy volume. It has gained back half of what it lost from the Brexit vote. Low oil prices have claimed another victim as Energy Transfer Partners, ETE, has terminated its $33 billion dollar takeover of Williams Companies. A…
Read more

Your Tuesday Market Blip 6/28/16

Stocks today rallied, or should I say “bounced” on lighter volume after two sessions of hard selling. The Dow gained 269 points to 17,409. Banks and energy stocks led the way. Now that the votes have been cast, the British parliament must draft a letter under Article 50 of the Lisbon Treaty officially telling the…
Read more

Your Monday Market Blip 6/27/16

Markets continue to look like 30 miles of bad road as the Dow fell another 270 points to close at 17,140. The Brexit headlines continue to dominate the news and Goldman Sachs today said the confusion in European markets is causing all market related activity to stop. This include bond deals, new issues, hiring etc…
Read more