Monthly Archives: October 2019

Your Thursday Market Blip 10/31/19

Your Thursday Market Blip 10/31/19
Concern over trade talks between the US and China pushed markets lower despite a batch of good earnings reports. At the close the Dow was off 140 at 27,040 on heavy trading volume. For the month of October, the Dow was essentially flat and for the year is up roughly 16%. Apple reported better than…
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Your Wednesday Market Blip 10/30/19

Your Wednesday Market Blip 10/30/19
The Dow closed up 115 points at 27,186. Trading volume was higher on the day. Stock traded flat until the Federal Reserve announced a quarter point interest rate cut then bounded higher. Today’s Fed rate cut was due to a slowing global economy, trade issues and a lack of inflationary pressures offsetting a strong consumer.…
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Your Tuesday Market Blip 10/29/19

Your Tuesday Market Blip 10/29/19
Stocks played hopscotch today before the Dow finished with a 19-point loss at 27,071. Trading volume was mixed. Tech shares were lower as Google reported disappointing results. Banks were higher on the day and Boeing rebounded a bit as CEO Dennis “I’m Sorry” Muilenburg apologized before the Senate Commerce Committee on Capitol Hill. The Federal…
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Your Monday Market Blip 10/28/19

Your Monday Market Blip 10/28/19
Stocks bolted higher thanks to positive trade vibes, earnings and the prospect that Uncle Sugar will lower interest rates this week. The Dow closed at 27,090 up 132 points on heavier trading volume. Meanwhile the S&P 500 Index hit an all-time high as tech stocks did well. What is interesting about markets is that they…
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