Market Blip

Your Monday Blip 10/19/20

It will be a busy week for earnings reports but markets today were spooked by rising covid infections plus the ongoing stimulus roller coaster ride. Markets opened the day higher but at the close the Dow was off 410 points at 28,195. Trading volume was lower for the day. Seattle based Alaska Air has announced…
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Your Weekly Blip 10/16/20

Stocks ended the week on mixed note with the Dow higher while the NASDAQ was lower. At the close the Dow stood at 28,606 up 112 on heavier volume. Moves by Cat and Boeing pushed the Dow higher. For the week the Dow finished up about a tenth of a point. IBD continues to list…
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Your Thursday Blip 10/15/20

Stocks fell 200 points at the open because of three news items. One was Treasury Sec Mnuchin saying he did not expect to reach a stimulus deal on coronavirus relief before the Nov. 3rd election. Then unemployment claims came in higher than expected and the third thing was rising covid infections in Europe threatening another…
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Your Wednesday Blip 10/14/20

Markets fell in the wake of stalled stimulus talks. The Dow was lower by 165 at 28,514. Trading volume was higher for the Dow but lower for the tech heavy NASDAQ. Bank of America reported a 24% drop in revenue and a 32% decline in net income sending shares lower. While net income came in…
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