Monthly Archives: February 2018

Your Tuesday Market Blip 2/27/18

Your Tuesday Market Blip 2/27/18
Volatility in the markets continues as the Dow posted a 299 point loss on heavy trade to close the day at 25,410. The cause of the pullback was comments by the new Federal Reserve Chairman Powell to Congress about the interest rate outlook this year which calls for 3 more rate hikes based on indications…
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Your Monday Market Blip 2/26/18

Your Monday Market Blip 2/26/18
The Dow opened the trading week by gaining back another 399 points to close the day at 25,709 on heavy trading volume. It was reported today that new home sales are down 8%. While some feel this might indicate a slowing economy I checked lumber prices and the Random Lengths Framing Lumber Composite Price jumped…
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Your Weekly Market Blip 2/23/18

Your Weekly Market Blip 2/23/18
Stocks continued to rebound finishing the day up 347 points on lighter trade to close at 25,309. Notes from the Federal Reserve indicated that while the economy was past full employment, wage gains were only “moderate”. This was good news to investors. For the week the Dow eked out a 0.37% gain. The Nordstrom’s family…
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Your Wednesday Market Blip 2/21/18

Your Wednesday Market Blip 2/21/18
Stocks finished the day lower after trading both sides of the street. At one point the Dow was up over 250 points but fell into the close after the release of the Federal Reserve meeting notes which indicated that a stronger economy and higher interest rates were in the cards. Banks and tech stocks moved…
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