Monthly Archives: January 2022

Your Weekly Blip 1/31/22

Your Weekly Blip 1/31/22
The Markets,Last week and today saw lots of intraday market volatility as early morning selloffs of 200 or 400 points have given way to late afternoon rallies ending with the Dow being up 400 or 500 points. Today’s action in the Dow began with an early 190 point drop and ended with the Dow up…
Read more

Your Weekly Blip 1/24/22

Your Weekly Blip 1/24/22
The Markets,Last week’s market action was nasty and today opened lower over uncertainty regarding the situation in Ukraine coupled with inflation data which now has gurus predicting the Fed will raise interest rates four times this year to combat this hidden tax. Last week the Dow fell 4.5% or 1,646 points to close at 34,265…
Read more

Your Weekly Blip 1/18/22

Your Weekly Blip 1/18/22
The Markets,Traders returned from a long weekend and were smacked by a selloff as oil prices rose and treasury yields jumped to 1.85% as inflation fears continue to point to a sooner-than-expected interest rate hike as Fed Chairman Powell wrestles with the beast of inflation. At the close the Dow was lower by 543 points…
Read more

Your Weekly Blip 1/10/22

Your Weekly Blip 1/10/22
The Markets,Stocks last week showed mixed action as banks and energy sectors did well while tech suffered due to rising interest rates that are affecting forward valuation price targets. Higher interest rates negatively affect tech stock values even while they indicate improving economic growth. The 10 year Treasury hit 1.77% last week and gurus at…
Read more