Category Archives: Daily Market Blip

Your Tuesday Market Blip 9/11/18

Stocks were higher today as the Dow posted a solid gain of 113 points on heavy trade to close at 25,971. While US stocks move up, Chinese equities continue to trade in bear territory. The South China Morning Post reported that PMI activity in small/midsized manufacturing in China hit a 14-month low with the employment…
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Your Monday Market Blip 9/10/18

Stocks opened the trading week with mixed action as the Dow fell on light volume while the S&P 500 and NASDAQ rose on light volume. Tech stocks rallied for the first time in 4 trading sessions led by chip stocks that rebounded after a positive report on AMD. At the close the Dow was down…
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Your Thursday Market Blip 9/6/18

Stocks traded in a mixed fashion with industrials, materials, and real estate making gains while tech got whacked. The Dow finished up 20 points to close at 20,995, whereas the NASDAQ lost almost 1%. Chip stocks were pulling back after a research note from Morgan Stanley which warned that memory chip demand is weakening, inventory…
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Your Wednesday Market Blip 9/5/18

Markets were quieter than a FedEx jump seat passenger below 10,000. Stocks traded in mixed fashion as the Dow gained ground while the S&P 500 and NASDAQ fell on profit taking. At the close the Dow was up 22 points to 25,974. Trading volume was much higher than prior day activity. Banks did well as…
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