Tag Archives: Economy

Your Weekly Blip 4/12/21

Stocks closed off a bit today with the Dow down 54 points to 33,745. Over the past week the Dow gained 4.9% to an all-time high as a broad rally came on the heels of positive comments from the Federal Reserve. Earnings reports for the 1st quarter begin to trickle in this week and positive…
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Your Wednesday Blip 1/27/21

After yesterday’s downside reversal markets saw continued selling action which sent the Dow to its biggest loss of the year with a 634 point decline on heavy trading volume to close at 30,303. What sparked the selloff was the Federal Reserve citing recent economic deterioration as the pandemic rages on. Volatility is also on the…
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Your Monday Blip 11/23/20

This week will be a short one due to the Thanksgiving Holiday. Officially, markets are closed Thursday and will close 3 hours early on Friday. Unofficially however traders will start to drift away on Wednesday and not return to action until Monday the 30th. The Dow today posted a 327 point gain to close at…
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Your Thursday Blip 10/29/20

Stocks bounced from yesterday’s selloff. The Dow closed the day up 139 at 26,659. Trading volume was lower. The tech heavy NASDAQ did well and was up 180 points at 11,185. IBD still has the rally as being under pressure. Amazon, Googs and others report earnings after the closing bell. US 3rd quarter GDP came…
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