Economy

Tansy_Gold

(18,054 posts) Sun May 15, 2022, 12:17 PM May 2022

STOCK MARKET WATCH -- Monday, 16 May 2022

STOCK MARKET WATCH, Monday, 16 May 2022

Previous SMW:
SMW for 13 May 2022

AT THE CLOSING BELL ON 13 May 2022

Dow Jones 32,196.66 +466.36 (1.47%)
S&P 500 4,023.89 +93.81 (2.39%)
Nasdaq 11,805.00 +434.04 (3.82%)

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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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STOCK MARKET WATCH -- Monday, 16 May 2022 (Original Post) Tansy_Gold May 2022 OP

Yes, that's the cartoon because absurdity is used to drive revolutions bucolic_frolic May 2022 #1

bucolic_frolic

(47,003 posts)

1. Yes, that's the cartoon because absurdity is used to drive revolutions

Reply to Tansy_Gold (Original post)

Sun May 15, 2022, 12:30 PM

May 2022

and we better put that plop back in the can.

Meanwhile, QQQ and Russell way down there, DJIA soon to catch up? Some big stocks tumbled last week.

Dollar going to the moon along with oil, and that can't continue. So will dollar fall and gold and oil go up, or will dollar rise and gold and oil fall? Crypto imploding because of all this, or an independent bubble of tulip mania proportions? Housing also to crash when interest rates rise? How fast can Powell tame inflation? Perhaps the worst choice is to do something but do too little, that perpetuates the causes and problems. And with Powell you always get the worst choice. Compared to the economy of the 70s, right now seems like 1976.

Japan said by some to be the best buy right now. Not something I've played or tested much. Would be happy if China righted its capitalist markets, they also are way out of whack.

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