Tag Archives: Interest Rates

Your Weekly Blip 8/1/22

The Markets and EconomyAfter working both sides of the fence the Dow closed the day lower by 46 points ending at 32,798. Trading volume was lower but IBD has now lifted its market rating to “market in confirmed uptrend” after last week’s 2.97% rally. Another positive indicator is that junk bond prices are on the…
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Your Weekly Blip 7/25/22

The Markets and EconomyThe markets closed out Monday’s trading session mixed with the Dow up 21 at 31,920 while the NASDAQ fell 51 at 11,782. Market are still under pressure but appear to be holding at support as investors are cautiously digesting earnings reports.Earnings reports are coming in better than expected however forward guidance is…
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Your Weekly Blip 6/17/22

Your Weekly Blip,The Markets and EconomyThe Blip goes out today because the stock market will be closed on Monday in observance of Juneteenth, or June 20th, which celebrates the end of slavery in the US.This week’s market action was rough sailing as the Dow fell 5.1% and is now at the 29,979 mark. As of…
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Your Weekly Blip 3/28/22

The Markets,The big news last week was the jump in interest rates as measured by the 10 year Treasury bond yield which hit 2.46% as the Federal Reserve shifts into inflation fighting mode. How this affects housing and the economy is yet to be seen but we will keep an eye on it. Stocks continue…
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