Tag Archives: Cisco

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 Thursday Market Blip 5/14/20

Job losses continue to mount along with economic uncertainty as parts of the economy slowly return to work. The Dow opened the day lower but rallied into the close and finished up 377 points at 23,625. Trading volume was higher. It seems the Dow found support at the 22,900 level which is also the 50…
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Your Thursday Market Blip 11/14/19

Stocks ended the day mixed when an early selloff faded and the Dow recovered and closed down one lousy point at 27,781. Trading volume was lower. Cisco Systems reported better than expected numbers, but shares fell after the company lowered its forward guidance by 3%. The California based network router company reported a 1% revenue…
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Your Thursday Market Blip 5/16/19

Stocks rallied out of the gate overcoming a negative opening bias thanks to strong earnings reports and a delay in possible car tariffs on Germany. At the close the Dow was up 217 at 25,864. Trading volume was higher. Cisco Systems reported earnings that were better than expected. Revenue was up 4% and net income…
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