STOCK MARKET WATCH: Friday, 1 December 2023

[Tansy_Gold]

STOCK MARKET WATCH: Friday, 1 December 2023

Previous SMW:
SMW for 30 November 2023



AT THE CLOSING BELL ON 30 November 2023


Dow Jones 35,950.89 +520.47 (1.47%)
S&P 500 4,567.80 +17.22 (0.38%)
Nasdaq 14,226.22 -32.27 (0.23%)

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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:

Here in Vietnam the war goes on. Morale is very high in spite of the fact that most men think the war is being run incorrectly. One of the staggering facts is that most men here believe we will not win the war. And yet they stick their necks out every day and carry on with their assigned tasks as if they were fighting for the continental security of the United States. Hard to believe but true.

(From a letter to his brother David from Capt. Rodney R. Chastant, dated 10 September '67.)

Bernard Edelman, editor. Dear America: Letters Home from Vietnam. Pocket Books / The New York Vietnam Veterans Memorial Commission. © 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.

[bucolic_frolic]

1. Dec 1 and the experts are beginning to make noise for 2024

I clicked on the first 4 articles on this chart of PLTR, and beware the articles aggregate so the articles change every time the stock is mentioned in the financial press, and came up with what is supposed to be a high growth basket of companies with large exposure to AI. I did the reading so you don't have to. But your due diligence is your responsibility.

https://finviz.com/quote.ashx?t=PLTR&ty=c&ta=1&p=d

PLTR
MSFT
PATH
TWLO

non-AI:
UBER
ADBE

These are those under $60-100 a share excepting ADBE, with PEs not in the high 3 digits. For example, they also recommend AMD Advanced Micro Devices, the chipmaker, but the PE is like 964 or thereabouts.

[DemReadingDU]

2. Vietnam war

Interesting quote, obviously written prior to the Tet offensive in 1968 and aftermath.

[Tansy_Gold]

3. I wanted something in (dis)honor of the passing of the great war criminal

It took me almost two hours to find the damn book, tucked behind a row of others on a rarely-visited book case. But I knew it was around here somewhere.

My thought on choosing it for the source of the quote was: Many of those who went, including members of my own (extended) family, did so out of a sense of duty and sincere belief that what they were doing was for a good cause, only to end up betrayed and/or disillusioned . . . or dead. None of it had to be that way, but it was made that way by people like Kissinger. Vietnam and the whole of southeast Asia wasn't the only place/time they did it, either. Perhaps my next choice should be from Keynes' 1919 "The Economic Consequences of the Peace."

[progree]

4. When I think of Kissinger I think of Chile and Salvador Allende and Pinochet

Good Google:
https://www.google.com/search?q=kissinger+and+pinochet&sca_esv=587101509