STOCK MARKET WATCH: Friday, 22 March 2024

[Tansy_Gold]

STOCK MARKET WATCH: Friday, 22 March 2024

Previous SMW:
SMW for 21 March 2024



AT THE CLOSING BELL ON 21 March 2024


Dow Jones 39,781.37 +269.24 (0.68%)
S&P 500 5,241.53 +16.91 (0.32%)
Nasdaq 16,401.84 +32.43 (0.20%)

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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:






(Awaiting new links)


Gold & Silver:

(Awaiting new links)


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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Quote for the Day:

Who could have foreseen that the faux billionaire up to his ample ass in debt to God knows who would look at the White House as a way to nickel-and-dime the taxpayers and the GOP into bumping up his revenue stream at his hotels and golf courses?

Spoiler: everyone, ever.

Rick Wilson. Everything Trump Touches Dies: A Republican Strategist Gets Real About the Worst President Ever. Simon & Schuster / Free Press. © 2018.

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.

[AllyCat]

1. Gonna hit 40k tomorrow?

[PoindexterOglethorpe]

2. I think it will.

I have a financial advisor who told me last December the market would be good in '24. Spoke with him again a couple of days ago, and he says it should be good all year, and possibly well into 2025.

[Warpy]

3. Depends on how many profit takers come out of the woodwork

If the dollar goes up, it will likely be a down day as offshore institutional investors cash in.

If the Dow hits 40K, you can bet TFG will take all the credit for it.

[bucolic_frolic]

4. "TFG will take all the credit" Absolutely

The market is anticipating Cheato's return. Viva Trump! El Doofus!

Today everything got bid up. Tech and value. Wall Street would really like a soft landing. Bullish stocks in their blow-off top phase have been known to sprint 30% to a peak. Don't know if market averages could compete. That would make 50,000 a target. Valuations are expensive but there are some earnings unlike 2001 or 2008. And once everyone hears interest rates are coming down, there is a rush to buy anything that delivers any type of yield.