Monthly Archives: February 2020

Your Thursday Market Blip 2/27/20

Your Thursday Market Blip 2/27/20
The coronavirus continues to impact U.S. stock markets as the Dow had its worst day ever. The Dow officially traded into “correction” territory, as it swung back and forth 800 points, and ultimately finished in an avalanche to close down 1,190 points at 25,766 . Interestingly enough, Chinese stocks were actually up today and have…
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Your Tuesday Market Blip 2/25/20

Your Tuesday Market Blip 2/25/20
Stocks were dismal, again, as traders continued to reduce their potential exposure to the coronavirus. New cases continue to pop up around the world, and it’s making the markets very nervous. The U.S. now has 53 confirmed cases, 36 of those are a product of the Diamond Princess cruise ship. Only 2 of these cases…
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Your Monday Market Blip 2/24/20

Your Monday Market Blip 2/24/20
Stocks took a massive hit today as coronavirus fears elevated with the reports that the virus had spread to South Korea and Italy. The Dow sold off 1,031 points and closed the day at 27,960. Shares seem to be selling off as a result of relative short-term value rather than long-term affects to the economy.…
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Your Weekly Market Blip 2/21/20

Your Weekly Market Blip 2/21/20
Stocks sold off again heading into the weekend, which is fairly common when there are known uncertainties, like the coronavirus, in the markets. The Dow traded down 227 points, and closed the week at 28,992. Bond yields continue to get pushed lower as investors run to safe havens, and you can now get a 30…
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