Tag Archives: labor report

Your Weekly Blip 3/5/21

It was a wild finish to a wild trading week as markets opened today’s session with more tech losses while value stocks traded mixed. Heading into the close however markets all reversed higher and at the ending bell the Dow had gained 572 to 31,496 while the NASDAQ gained 196 to 12,920. Trading volume was…
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Your Weekly Market Blip 5/8/20

Stocks rallied in the face of a historically bad labor report for April. How can this be? Remember that markets are forward looking and are already paying more attention to lockdowns easing and people getting back to work instead of looking at what happened in April. It’s kind of like the line in the old…
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Your Weekly Market Blip 1/10/20

Stocks traded lower with the Dow falling 133 points to 28,823 on surprisingly light volume. The Dow had opened higher and crested 29,000 for the first time ever but the White House announced sanctions on eight Iranian officials plus mining, steel and aluminum industries and as the day wore on stocks retreated (or is the…
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Your Weekly Market Blip 11/1/19

Stocks ended the week on a strong note thanks to positive trade chatter, good earnings and a solid October jobs report. All three major US indexes are at or near record territory. The Dow was up 301 on heavy trading volume to close at 27,347. Industrial, energy and material stocks were market leaders while utility…
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