Monthly Archives: November 2017

Your Weekly Market Blip 11/3/17

Markets closed after a wild trading session which saw positive and negative swings as tax reform details emerged and Jerome Powell was nominated as the next Fed Chair. At the close the Dow posted another record high gaining 23 points to 23,539 on heavy trade. Apple Computer blew away earnings estimates proving many wrong (me…
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Your Thursday Market Blip 11/2/17

Markets closed after a wild trading session which saw positive and negative swings as tax reform details emerged and Jerome Powell was nominated as head of Federal Reserve. At the close the Dow posted another record high gaining 81 points to 23,516 on heavy trade. The Republican tax proposal was released today and the debate…
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Your Wednesday Market Blip 11/1/17

The markets were mixed heading into big earnings reports tonight from Faceplant, Tesla and others. At the close the Dow was up 57 points on heavy trade to 23,435. The NASDAQ was lower on heavy trade waiting for “the apple to drop” which happens after the close tomorrow. For the month of October the Dow…
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Your Tuesday Market Blip 10/31/17

The Dow rebounded today, gaining 28 points, and closing at 23,377. Main contributors were Goldman Sachs, Home Depot, Chevron, Apple, and Intel. Goldman beat earnings by a wide margin, and is positioned well with another interest rate hike most likely coming in December. Home Depot looks good as there is plenty of material buying after…
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