Monthly Archives: August 2017

Your Thursday Market Blip 8/31/17

The markets continue to be constructive. The Dow closed up 55 points to 21,948 on heavy trading volume. For the month of August the Dow gained about 0.25% and recovered from a midmonth selloff to keep the current rally intact. The latest Q2 GDP growth estimate has come out and the reported 3% growth rate…
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Your Tuesday Market Blip 8/29/17

Stocks opened the day lower but after amateur hour was over the buying began and the Dow closed up 56 points to 21,875 on heavier trading volume. Events in Houston and North Korea are driving the news cycle but underlying all the drama are good US economic vibes. With floods hitting Houston harder than Mark…
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Your Monday Market Blip 8/28/17

Stocks traded mixed as the Dow fell while the NASDAQ gained. At the close the Dow was off 5 points to 21,808. Trading volume was lower. The NASDAQ gained 17 points on heavy trade to 6,283. Hurricane Harvey is creating all kinds of turmoil. Insurance stocks are getting pummeled while home improvement stocks were up…
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Your Weekly Market Blip 8/25/17

Markets rallied on the final trading day of the week as Federal Reserve Chair Janet Yellen gave a speech in Jackson Hole about the current status of the US financial system on what is approaching the 10th anniversary after the 2008 financial crisis. The bottom line is that she highlighted how new regs are working…
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