STOCK MARKET WATCH -- Monday, 20 March 2023

[Tansy_Gold]

STOCK MARKET WATCH, Monday, 20 March 2023

Previous SMW:
SMW for 17 March 2023




AT THE CLOSING BELL ON 17 March 2023


Dow Jones 31,861.98 -384.57 (1.19%)
S&P 500 3,916.64 -43.64 (1.10%)
Nasdaq 11,630.51 -86.76 (0.74%)

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

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

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

Quote for the Day:

The Moral Majority asserts its moral superiority but offers no intellectual analysis of nuclear war. No questions are asked about the notions of justice or whether war can ever be just. No questions are raised about the strategy or doctrine of nuclear war fighting. The bankrupt assumption of morality based on the oversimplified values of family and faith has neither form nor content. Their church has become the town meeting place for propounding a red-neck theology, tainted by elements of racism and chauvinism. Images of fire and brimstone instill fear and blind adherence. God and evil are de facto concepts, presented without analysis or justification.

F. H. Knelman. Reagan, God and the Bomb: From Myth to Policy in the Nuclear Arms Race. Prometheus Books. © 1985.

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.

[Warpy]

1. Analyis or justification? That would require questions, maybe even doubt

and once questions progress to doubt, blind faith is gone.

That wouldn't put butts in the pews and tithes into the till now, would it?

Back in Falwell's day, I loved to ask his fan club what their superior family values were since Democrats didn't have any and I really wanted o know. The result was usually pretty funny.

Now I'm tired and I no longer give a shit, I just want them all to beetle off back to their wingnut churches, leaving the dirty business of politics to the rest of us while they concentrate on heaven.

[bucolic_frolic]

2. Bank crisis waning, speculative fever returns

The most interest rate sensitive securities bounce, laggards with poor immediate growth prospects lag badly. This happens each Monday, just like Fridays are an endless upward drift as millennials flip end of day options forcing market makers to buy stocks.