Market Blip

Your Tuesday Blip 8/11/20

Stocks started the day significantly up, and with excitement that the S&P might hit a new high, then traded off in the last hour and ultimately finished down 104 points at 27,686. The end of the day faced some political headwinds as there has been no movement yet on the next economic stimulus bill, and…
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Your Monday Blip 8/10/20

It’s becoming a pretty consistent theme to see stocks trade in a mixed fashion between the COVID haves and have nots. Today, however, it was the mostly beaten down stocks, like energy and industrials, thriving while the tech stocks took their lumps. Investors are definitely factoring in economic recovery, as the S&P is now only…
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Your Weekly Blip 8/7/20

Stocks traded in mixed fashion as tech and the NASDAQ finished down for the first time in 8 days, while the Dow five for five on up days this week. The Dow actually spent most of the day off 50 to 100 points, but closed the day strong to finish up 46 points and close…
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Your Thursday Blip 8/6/20

Big tech continues to drive stocks higher as investors get ready for tomorrow’s jobs report, and await another stimulus package from Congress. The NASDAQ closed at another record high, finishing over 11,100, which is more than 20% higher than the start of the year. The Dow continues to creep back to its start of the…
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