Category Archives: Weekly Market Blip

Your Weekly Market Blip 7/22/16

Stocks finished out the trading week with a weak volume uptick as the Dow closed higher by 53 points to 18,570. Utilities were the leading sector which is not a group usually viewed as “quality leadership” since they usually only do well in times of stress. For the week the Dow gained about 25 basis…
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Your Weekly Market Blip 7/1/16

Stocks closed a remarkable week of trading in which a Monday Brexit selloff led to a bounce which became a rally. The Dow closed out the week with a gain of 19 points to 17,949 on weak pre holiday volume as traders bolted for the Hamptons. For the week the Dow gained 3.1% and with…
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Your Weekly Market Blip 6/24/16

U.S. and global markets were pummeled today following the surprise results of the Brexit vote. The Dow fell 611 points to close at 17,399 on massive volume as institutions bolted like college students when the beer runs out. The German DAX fell 6.8% while the London FTSE index fell 3.1%. The British Pound took a…
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Your Weekly Market Blip 6/17/16

All eyes are on Europe as stocks closed the week on a downtick on heavy volume. Today marks “triple witching” with options expiring for the month of June. The Dow Jones closed off 57 points to 17,675. For the week the Dow lost about 1%. As the Brexit vote nears people are trying to figure…
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