Category Archives: Weekly Market Blip

Your Weekly Market Blip 10/18/19

The Dow sold off thanks to Boeing, baby powder and reports of slowing growth in China. China’s GDP growth rate came in at 6% which is the slowest reading in 26 years. Meanwhile Johnson & Johnson is a major Dow component and its shares took a hit when the Feds released a study showing that…
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Your Weekly Market Blip 10/11/19

The famous Fidelity money manager Peter Lynch (not related to Marshawn Lynch) used to say it was nice to be “caught with your pants up” which meant that he was fully invested when stocks took a big jump higher. Today there are some people who were fortunate enough to be in this situation as Wall…
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Your Weekly Market Blip 10/4/19

The September jobs report this morning was generally positive. 136,000 jobs were created which missed estimates by a narrow margin, but the unemployment rate came in at 3.5% which was the lowest reading since 1969 and better than estimates calling for a 3.7% reading. Wage growth was tepid at a 2.9% annualized rate and the…
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Your Weekly Market Blip 9/27/19

Trade talks threw a curve ball at markets today when the White House said it was considering limiting investment by companies into China. The unexpected development, if true, puts pressure on China but also changes the equation by expanding the range of possibilities that could affect trade. Prior to the news coming out the Dow…
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