Category Archives: Weekly Market Blip

Your Weekly Blip 11/20/20

Stocks retreated and investors took money off the table heading into the weekend. At the close the Dow was off 219 points at 29,263. Trading volume was lower for the day. For the week the Dow was down less than one percent and now sits about 2% off its all time high. Both BTS and…
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Your Weekly Blip 11/13/20

Stocks bounced back from yesterday’s selloff with the Dow closing higher by 399 points to 29,479. Not bad for Friday the 13th! Trading volume was mixed. The rotation into value stocks continues and we have been hearing guru chatter that markets, in anticipation of one or more vaccines coming to market, could move higher despite…
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Your Weekly Blip 11/6/20

Stocks ended the trading week in mixed fashion with the Dow down 66 at 28,323. Trading volume was higher. Banks were lower while tech and renewable energy did well. For the week the Dow gained over 7%. October labor growth came in at a plus 638,000 new jobs topping estimates which had called for 575k…
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Your Weekly Blip 10/30/20

All the big tech companies reported earnings yesterday and while the results were good the market reaction was not so good. It seems that with stimulus off the table and rising infections, investors are building cash heading into the pre-election weekend. At the close the Dow off 157 at 26,501. Trading volume was higher. While…
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