STOCK MARKET WATCH -- Thursday, 21 April 2022

[Tansy_Gold]

STOCK MARKET WATCH, Thursday, 21 April 2022

Previous SMW:
SMW for 20 April 2022




AT THE CLOSING BELL ON 20 April 2022


Dow Jones 35,160.79 +249.59 (0.71%)
S&P 500 4,459.45 -2.76 (0.062%)
Nasdaq 13,453.07 -166.59 (1.22%)

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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.

[progree]

1. Treasury bond yields - 5 year, 10 year, 30 years

Both graphs are of the 5 year, 10 year, and 30 year bonds.

What "short-term" means is the period from June 2020 to present

Notice how the yields of the 3 bonds have converged.

while "long-term" means is the period October 1993 to present





Great one for seeing the secular drop in interest rates since 1993 (which started in 1982 or thereabouts)

All 3 graphs -- including the medium term one which covers June 2016 to present -- from here:

https://kshitij.com/graph-gallery/bond/usd-yields-Long-Term

[bucolic_frolic]

2. Speculation is being drained from the market

My speculative plays, which is to say most of them, are in a downtrend. They just don't trend upward more than a day here or there. Risk-off can take hold slowly. It's the Fed and their rate hikes, and inflation. A lot of uncertainty on pricing power with inflation. Some companies do well, others - discretionary goods - not so much. Witness NFLX earlier this week.