Monthly Archives: January 2018

Your Wednesday Market Blip 1/31/18

Stocks started the day with a strong upside move but then lost steam heading into the close. The Dow ended up 72 at 26,149 on lighter volume. For the month of January the Dow was up about 5.6%. Interest rates were left unchanged by the Federal Reserve but they hinted that inflation pressures are rising.…
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Your Tuesday Market Blip 1/30/18

Stocks opened the Tuesday trading session with downside action as the prospect of higher interest rates is causing investors to take some food off the table. The Dow ended the day lower by 362 points on heavy trading volume to close at 26,076. Large techs did reverse higher. Losses occurred mostly in health insurance related…
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Your Monday Market Blip 1/29/18

Stocks tumbled out of the gate thanks to a spike in interest rates. Tomorrow’s “State of the Onion” speech by President Trump should attract a crowd and last week’s Davos visit revealed that several large European companies are keen to investing in the US. While this is good it could in turn push inflation and…
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Your Weekly Market Blip 1/26/18

The markets finished the week strong, as they hit more new highs. The Dow finished up 224 points and closed at 26,616, while the NASDAQ gained 94 points and closed over 7,500. Intel was the Dow big gainer today, as it upped its stock price 10% on heavy volume. Their 2017 earnings were better than…
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