STOCK MARKET WATCH -- Thursday, 20 July 2023

[Tansy_Gold]

STOCK MARKET WATCH, Thursday, 20 July 2023

Previous SMW:
SMW for 19 July 2023




AT THE CLOSING BELL ON 19 July 2023


Dow Jones 35,061.21 +109.28 (0.31%)
S&P 500 4,565.72 +10.74 (0.24%)
Nasdaq 14,358.02 +4.38 (0.030%)

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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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Quote for the Day:

This immensity of early-twenty-first-century finance dwarfs the comparative expansion of railroad mileage, debt, and power in the 1850s and 1860s. Still, there is an unfortunate parallel to railroading's domination of federal, state, and local politics, as well as to its ability to long fend off most attempts at regulation. Financial services enjoyed a kindred position in the 1980s and 1990s. As innovation, computerization, and broad deregulation opened up grand vistas, politicians whose eyes saw contributor dollar signs at the very mention of names such as Citigroup, Merrill Lynch, and Goldman Sachs kept day-to-day regulators saluting respectfully.

Kevin Phillips. American Theocracy: The Peril and Politics of Radical Religion, Oil, and Borrowed Money in the 21st Century. Viking / Penguin. © 2006.

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. The Fed meets next week as markets grind higher here

We will be sharply lower or higher by the close this Friday. Oil and financials still spell recession. Everything else is roaring upward. I've had a couple dog stocks recover fully, while staid cyclicals flop. It all makes no sense. Value has suddenly shown life, and that's usually end of everything.

Don't believe a word I say. It's just observations.

[Emile]

2. DOW over 35,000

[Warpy]

3. Look at what the dollar's been doing