Monthly Archives: November 2021

Your Weekly Blip 11/29/21

The Markets,Last week was a roller coaster as the normally quiet Friday after Thanksgiving turned into a 900 point bloodbath when investors bolted after the outbreak of the new covid variant in South Africa. For the week the Dow was off 1.97% or a net 702 points on lighter trading volume. Due to the low…
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Your Weekly Blip 11/22/21

The Markets,Markets popped higher at the opening after President Biden said he will renominate Jerome Powell as chairman of the Federal Reserve for a second term. At the close however the Dow was up only 17 points at 35,619. The NASDAQ was down 202 points at 15,854. Investors took gains when analyst at several firms…
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Your Weekly Blip 11/15/21

The Markets,Over the past week the Dow lost about 0.6% but continued to hover just below the all time high set the prior week. On Monday the Dow pulled back 12 points to finish at 36,087 on lower trading volume. Both IBD and BTS continue to list markets in rally mode and at BTS they…
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Your Weekly Blip 11/8/21

The Markets,The Dow continues to trade near all-time highs and finished today up 104 at 36,432. Trading volume was off a bit. Upside market action was centered on banks, materials, energy and manufacturing all of which could benefit from the infrastructure bill passed by Congress on Friday. IBD has markets listed in rally mode for…
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