Category Archives: Weekly Market Blip

Your Weekly Market Blip 8/10/18

Geopolitical concerns continue as Turkey joins China, Russia, North Korea, and Iran in the Washington dog house. President Trump has doubled tariffs on Turkish metals since they still refuse to release pastor Andrew Brunson. The tariff announcement sent the Turkish lira plummeting 20% which caused the markets to grow fearful of rippling affects. U.S. investors…
Read more

Your Weekly Market Blip 8/3/18

The age of disruption has also brought on the age of mixed trading. Yesterday tech and the NASDAQ shined as it made big gains while the Dow remained fairly flat. Today was the opposite as the NASDAQ decided to take a vacation day and start the weekend early, while the Dow plowed ahead. The Dow…
Read more

Your Weekly Market Blip 7/27/18

Stocks closed lower to end a trading week that was packed with earnings reports. The Dow was off 76 on light trade at 25,451. For the week the Dow was up 1.5% or roughly 353 points. Both IBD and BTS indicate that underlying fundamentals are good and that markets have a green light. The cash…
Read more

Your Weekly Market Blip 7/20/18

Corporate earnings continue to roll in with positive results and good outlooks. This has helped keep the markets afloat as trade tariffs still have investors ambivalent. Trading volume was low and the Dow traded back and forth and mixed throughout the day to ultimately finish down 6 points and close at 25,058. The Chinese Yuan…
Read more