Monthly Archives: May 2018

Your Tuesday Market Blip 5/29/18

Stocks took a hit in its post Memorial Day session with the Dow dropping 391 points on heavy trade to close at 24,361. Banks fell the most while energy and natural resource related stocks held up well. Global markets headed south after Italy failed to form a government over the weekend and is faced with…
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Your Weekly Market Blip 5/25/18

Stocks are caught between geopolitical headlines, pre-holiday urban flight and solid earnings reports. The Dow was down 58 at 24,753 on trading volume that was lower than a snake’s belly in a wagon rut. For the week the Dow was up about 0.1%. Earnings reports from Lowes, Tiffany’s, Foot Locker and Splunk came in on…
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Your Thursday Market Blip 5/24/18

Stocks opened the day higher then fell 200 points when President Trump told “Our Dear Leader” that the June 12th meeting betwixt the US and NK was off. After the initial selloff the markets then rallied and the Dow ended the day with a closing loss of 75 points at 24,811. Trading volume was lower.…
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Your Wednesday Market Blip 5/23/18

Stocks pulled a nice reversal to close in the green on higher volume. The Dow opened by falling over 100 points before a late rally brought it to a closing gain of 52 points at 24,886. The reason behind the rally was a Federal Reserve press release saying they would allow inflation to run above…
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