Category Archives: Daily 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 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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Your Wednesday Blip 8/5/20

Stocks continue to push higher as the Dow closed the day up another 373 points to close at 27,201. Materials and commodities have been doing well as investors anticipate inflation due to the mass injection of funds put into the system from Congress and the Fed, and also because of the Fed’s stance that they…
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