Category Archives: Weekly Market Blip

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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Your Weekly Market Blip 9/20/19

Stocks today started higher on “triple witching” which is options and futures expirations but then reversed lower and closed the day off 159 at 26,935. Trading volume was up. IBD still has markets in rally mode and BTS is back in high yield which is positive for markets. The pullback today was due to the…
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Your Weekly Market Blip 9/13/19

Markets continue to trade mixed but with upward bias. The Dow closed up 37 points to 27,219 on lighter trading volume. Meanwhile the NASDAQ and the S&P 500 Index were down slightly. For the week the Dow tacked on about 1.5%. Banks led markets higher as the prospect of higher interest rates could improve their…
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