Market Blip

Your Weekly Blip 1/10/22

Your Weekly Blip 1/10/22
The Markets,Stocks last week showed mixed action as banks and energy sectors did well while tech suffered due to rising interest rates that are affecting forward valuation price targets. Higher interest rates negatively affect tech stock values even while they indicate improving economic growth. The 10 year Treasury hit 1.77% last week and gurus at…
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Your Weekly Blip 1/3/22

Your Weekly Blip 1/3/22
The Markets,We’re back baby!Stocks began the new year on a positive note with the Dow rising 246 points on heavy trading to close at 36,585. Banks, energy and material stocks led the way higher while chip companies and Tesla pushed tech stocks up as well. IBD has markets back in rally mode.2021 was a good…
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Your Weekly Blip 12/13/21

Your Weekly Blip 12/13/21
The Markets,Last week the market was like a bucking bronco at the local rodeo and that trend could well continue as market pundits are eyeing this week’s Federal Reserve policy meeting in which inflation and omicron will be at the top of the agenda. After the omicron selloff investors came off the sidelines in what…
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Your Weekly Blip 12/6/21

Your Weekly Blip 12/6/21
The Markets,Market action last week was volatile as uncertainty regarding the omicron variant roiled stocks. Today however the Dow found its footing and posted a solid gain of 647 points on lighter trading volume to close at 35,227. The driver behind this a decline in covid jitters. Last week the Dow fell about 1% and…
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