STOCK MARKET WATCH - Wednesday, 10 November 2021

[Tansy_Gold]

STOCK MARKET WATCH, Wednesday, 10 November 2021

Previous SMW:
SMW for 9 November 2021




AT THE CLOSING BELL ON 9 November 2021


Dow Jones 36,319.98 -112.24 (0.31%)
S&P 500 4,685.25 -16.45 (0.35%)
Nasdaq 15,886.54 -95.81 (0.60%)

+++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++

Market Conditions During Trading Hours:

Google Finance
MarketWatch
Bloomberg
Stocktwits

(click on links for latest updates)

+++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++

Currencies:











Gold & Silver:






Petroleum:

+++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++

DU Economics Group Contributor Megathreads:

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

+++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++
*

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.

[bucolic_frolic]

1. Are Rocketship stocks the new Nifty-Fifty?

AMD. $150? Seriously? Every big name you can mention moved since last June. TSLA MSFT NKE WMT ABT LOW HD XLNX to name a few. I do find a few laggards in China BABA, and tech INTC MU. The chartist I watch on YouTube forecast DOW 36k to 39k last summer. I even wrote it down. It still makes sense. But the financial planner I follow says market debt is at an all time high, the economy is softening. And those 2 guys aren't even bears! Don't listen to me, I'm just pointing out some anomalies I've heard.

[bucolic_frolic]

2. This market will only correct when it becomes apparent that expectations will not be achieved

Almost nothing pulls back anymore without adverse news. Just higher lows and up again. Very frustrating action to trade and it seems a waste of time to look at it after an hour or so in the morning because it's all just trending action.

[DemReadingDU]

3. Nothing makes sense in the markets