Monthly Archives: July 2016

Your Thursday Market Blip 7/14/16

Stocks today continued the recent breakout with the Dow gaining 134 points to 18,506 on heavy trading volume. IBD has stocks firmly in rally mode following last weeks move to new highs. JP Morgan reported earnings and the big bank wowed the gurus with a 5% revenue gain and a 1% increase in net income.…
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Your Tuesday Market Blip 7/12/16

The Dow hit record territory gaining 120 points to 18,347 on strong volume. Energy and material stocks led the way as Brexit fears eased. Bank stocks also did well. An article in the New York Times talked about global bond markets and what they are indicating about the global economy. The bottom line is that…
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Your Monday Market Blip 7/11/16

Last week the markets did well and a great jobs report on Friday sent the Dow over the 18k mark in a possible upside breakout. Monday’s action was a low volume follow through which saw the Dow gain 80 points to close at a high of 18,226. In Japan over the weekend the gubment of…
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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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