Category Archives: Weekly Market Blip

Your Weekly Blip 7/27/21

The Markets,Last week the markets fell hard on Monday but then recovered and closed the week out with a record high. What gives? The quick 725 point selloff was the result of investors getting out after reports of a possible stall in the economic recovery as covid cases increase. What happened next was a flood…
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Your Weekly Market Blip 7/20/21

The Markets,Stocks plunged yesterday as last week’s relative stability gave way to global concerns that rising covid-19 infection rates could derail the economic recovery. The Dow gapped down 2% at the opening bell following the lead of Asian and European markets. At the close the Dow was off 725 points at 33,962 on heavy trading…
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Your Weekly Market Blip 7/12/21

The Markets,Over the past week markets continued to trade in a tight range with an upward bias. At one point midweek the Dow fell 500 points briefly on fears that economic growth may be “transitory” but this was quickly overcome by optimism and as a result the Dow finished the trading week higher by 0.24%…
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Your Weekly Blip 7/2/21

The Markets,While inflation and supply chain disruptions remain a problem, most economic indicators are looking good as seen with the latest jobs report coming in much better than expected at 850k new jobs and an unemployment rate of 5.9%. The Dow responded to this news by closing with a gain of 152 points on light…
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