Tag Archives: jobs

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 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…
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Your Weekly Blip 12/6/21

The Markets,Market action last week was volatile as uncertainty regarding the omicron variant roiled stocks. Today however the Dow found its footing and posted a solid gain of 647 points on lighter trading volume to close at 35,227. The driver behind this a decline in covid jitters. Last week the Dow fell about 1% and…
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Your Weekly Blip 9/29/21

The Markets,Markets finished the day in mixed fashion with the Dow higher led by financial and energy stocks while the NASDAQ fell thanks to a pullback in tech stocks. The issues in play are concerns over political actions in China and energy issues in China and Europe possibly affecting global supply chains. Oil prices hit…
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