STOCK MARKET WATCH -- Thursday, 29 October 2020

[Tansy_Gold]

STOCK MARKET WATCH, Thursday, 29 October 2020

Previous SMW:
SMW for 28 October 2020




AT THE CLOSING BELL ON 28 October 2020


Dow Jones 26,519.95 -943.24 (3.43%)
S&P 500 3,271.03 -119.65 (3.53%)
Nasdaq 11,004.87 -426.48 (3.73%)

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Market Conditions During Trading Hours:

Google Finance
MarketWatch
Bloomberg
Stocktwits

(click on links for latest updates)

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Currencies:











Gold & Silver:






Petroleum:

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DU Economics Group Contributor Megathreads:

Progree's Economic Statistics (with links!)
mahatmakanejeeves' Rail Safety Megathread
mahatmakanejeeves' Oil Train Safety Megathread

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This thread contains opinions and observations. Individuals may post their experiences, inferences and opinions on this thread. However, it should not be construed as advice. It is unethical (and probably illegal) for financial recommendations to be given here.

[dem4decades]

1. October 29th? That rings a bell.

[Tansy_Gold]

2. Spooky

[Warpy]

3. So far, the futures are in positive territory in all 3 US markets

as bargain hunters crawl out. It's not really posit9ive, just fractions of percents, so that is likely to change.

The only way Dumdum and his bankster buddies will see that 30,000 Dow is by stealing Social Security.

Don't think they won't.

[at140]

4. U.S. GDP booms at 33.1% rate in Q3

https://www.cnbc.com/2020/10/29/us-gdp-report-third-quarter-2020.html

Might keep market from dropping further?

[progree]

5. It was long long expected, essentially meeting consensus forecasts

LBN's thread on GDP: https://www.democraticunderground.com/10142615603

Also, graphs galore from highplainsdem on GDP report and what it means
It's in "The Left Column" in the home page. Also a word about the jobless claims.

https://www.democraticunderground.com/100214384987

The Q3 gain essentially recovered only 2/3 of the H1 drop.