Category Archives: Weekly Market Blip

Your Weekly Market Blip 5/1/20

Stocked ended the week lower with the Dow falling 622 points at 23,723. Trading volume was off significantly across the board. Stocks fell after Amazon’s earnings missed estimates plus investors were concerned over rising tensions with China after the White House expressed growing frustration over Beijing’s lack of transparency regarding the origins of the coronavirus.…
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Your Weekly Market Blip 4/24/20

The latest stimulus bill was passed by the House and signed by President Trump sending another tranche of cash to small businesses, hospitals and farmers. The Dow ended the day up 256 at 23,771 on lighter trading volume. For the week the Dow was down about 1.8%. Investor’s Business Daily or IBD, noted that since…
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Your Weekly Market Blip 4/17/20

The Dow rallied as increased chatter about restarting the economy lifted spirits. At the close the Dow was up 704 at 24,242 on heavy trading volume. Hard hit sectors like banks, energy and industrials jumped on heavy volume while the tech sector closed marginally higher. Global equities followed suit even though China reported a drop…
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Your Weekly Market Blip 4/9/20

Stocks closed out the shortened pre-Easter trading week on an uptick as the Dow gained 285 at 23,719. Trading volume rose significantly. Bank stocks and energy related companies were higher. For the week the Dow gained about 12%. Gurus appear to be cautiously optimistic but at the same time no one wants to pile in…
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