STOCK MARKET WATCH: Friday, 16 February 2024

[Tansy_Gold]

STOCK MARKET WATCH: Friday, 16 February 2024

Previous SMW:
SMW for 15 February 2024



AT THE CLOSING BELL ON 15 February 2024


Dow Jones 38,773.12 +348.85 (0.91%)
S&P 500 5,029.73 +29.11 (0.58%)
Nasdaq 15,906.17 +47.03 (0.30%)

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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:

They declared that many of the most important and controversial questions left to lawmakers were instead answered by the Constitution itself, and that the kind of experimentation Roosevelt proposed was strictly off limits. The battle that emerged between Roosevelt and the Supreme Court was about far more than whether the New Deal would stand or fall. It was about whether the solutions to America’s most vexing problems were preordained—and whether the American people had the right to prefer Roosevelt’s bold experimentation to Hoover’s stoic confidence in the old ways.

Ian Millhiser. Injustices: The Supreme Court's History of Comforting the Comfortable and Afflicting the Afflicted. Bold Type Books / Hachette. © 2016.

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. FDR appointed 8 or 9 SCOTUS Justices

Two of them his former AG's.

As for the market. we go up 300 points a day for 3 days, then NASDAQ takes a pause, then we drop 300 points, then dawdle for 2 o 3 days, then we're off to the races again. This is an AI Tech Bubble like 1999-2001. But earnings are not non-existent this time.

[bucolic_frolic]

2. And just to remind how little people are treated or are well .... little people

META was $88 on Nov 4, 2022. That is 15-1/2 months ago. $88.

Today? META is $473. $473.

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

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

That is the only game to pay attention to.