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Tansy_Gold

(18,054 posts)
Wed May 11, 2022, 03:29 PM May 2022

STOCK MARKET WATCH -- Thursday, 12 May 2022

STOCK MARKET WATCH, Thursday, 12 May 2022



Previous SMW:
SMW for 11 May 2022





AT THE CLOSING BELL ON 11 May 2022



Dow Jones 31,834.11 -326.63 (1.02%)
S&P 500 3,935.18 -65.87 (1.65%)
Nasdaq 11,364.24 -373.44 (3.18%)




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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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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.

8 replies = new reply since forum marked as read
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STOCK MARKET WATCH -- Thursday, 12 May 2022 (Original Post) Tansy_Gold May 2022 OP
Tech stocks are beginning to feel like 2002 all over again bucolic_frolic May 2022 #1
some of us have been here Tansy_Gold May 2022 #3
a long time DemReadingDU May 2022 #5
Link didn't work?? Tansy_Gold May 2022 #6
copy the entire link starting from the h and ending with last number 6, but don't copy the quotes DemReadingDU May 2022 #7
GOT IT! Tansy_Gold May 2022 #8
At Wednesday's close, S&P 500 is down 18.0% from all-time-high, close to bear market 20% progree May 2022 #2
If invested at the peak before the dot-com crash, still would have earned a 6.35% annualized progree May 2022 #4

Tansy_Gold

(18,054 posts)
6. Link didn't work??
Thu May 12, 2022, 02:06 PM
May 2022

I don't remember how to post pics either, and I had completely forgotten the bloodbath!

DemReadingDU

(16,002 posts)
7. copy the entire link starting from the h and ending with last number 6, but don't copy the quotes
Fri May 13, 2022, 03:13 PM
May 2022

post in a browser and the picture should display

progree

(11,463 posts)
2. At Wednesday's close, S&P 500 is down 18.0% from all-time-high, close to bear market 20%
Wed May 11, 2022, 07:11 PM
May 2022

It's down 18.0% from the all-time-high close of 4797 on 1/3/22
(bear markets begin at 20% down)

but S&P 500 still 3.6% above slobfather's last close, Jan 19, 2021

S&P 500 closing values:
1/19/21: 3799
5/11/22: 3935

And this doesn't count dividends (that was about 1.4%)

but one of our talking points is gone.

progree

(11,463 posts)
4. If invested at the peak before the dot-com crash, still would have earned a 6.35% annualized
Thu May 12, 2022, 12:16 AM
May 2022

average return in the U.S. stock market, as measured by the Vanguard Total Stock Market Index Fund VTSMX. A $10,000 account would have grown to $39,069 during that 22.13 year period.

Despite suffering thru 3 major crashes: the dot com crash, the housing bubble crash, and the pandemic crash.

This when investing at the very worst time. Investing at any other time either before or after would have gained a better average annualized return for any 10 year or longer time period with an end point of today, May 11.

https://finance.yahoo.com/quote/VTSMX/history
The pre-dotcom crash peak of this fund was 3/23/2000
Using the Adjusted Close which includes the dividends and other distributions.

(The last data as of this posting on VTSMX is 5/10/22. I multiplied by the ratio of the S&P 500 between May 10 to May 11 to get an estimate of what VTSMX will be on May 11 when posted.)



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