Category Archives: Daily Market Blip

Your Monday Blip 10/19/20

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…
Read more

Your Thursday Blip 10/15/20

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…
Read more

Your Wednesday Blip 10/14/20

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…
Read more

Your Tuesday Blip 10/13/20

Your Tuesday Blip 10/13/20
As earnings season got underway the markets pulled back with the Dow falling 157 to 28,678 on heavy trading volume. JP Morgan, Citigroup, Johnson & Johnson and Delta Airlines all reported results today. IBD continues to list markets in rally mode. JP Morgan Chase reported better than expected earnings as the bank set aside less…
Read more