Tag Archives: Facebook

Your Wednesday Blip 2/24/21

Stocks roared higher on fiscal stimulus chatter and the Dow closed up 424 at 31,961. Trading volume was off a bit however which indicates that institutional investors were not big buyers.Lowe’s reported rock solid results with a 27% increase in sales and a 41% rise in net profits. Same store sales jumped 28.1% more than…
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Your Thursday Blip 1/28/21

Three monsters reported earnings yesterday while the populist Reddit army continued to smash the institutional shorts in what some are calling a small scale replay of the famous Northern Pacific short squeeze of 1902 when shares of NP went from $45 to $1,000. At the close the Dow was up 300 at 30,603. Trading volume…
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Your Thursday Blip 8/6/20

Big tech continues to drive stocks higher as investors get ready for tomorrow’s jobs report, and await another stimulus package from Congress. The NASDAQ closed at another record high, finishing over 11,100, which is more than 20% higher than the start of the year. The Dow continues to creep back to its start of the…
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Your Thursday Market Blip 1/31/19

Stocks continue to trade mixed as the height of the earnings season is upon us. At the closing bell the Dow was down 15 points at 24,999.99999 while the NASDAQ gained 98 to 7,281. Trading volume was higher. Markets have done very well in January and some are now starting to worry they might be…
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