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Tansy_Gold

(18,054 posts)
Thu Jun 23, 2022, 03:18 PM Jun 2022

STOCK MARKET WATCH -- Friday, 24 June 2022

STOCK MARKET WATCH, Friday, 24 June 2022



Previous SMW:
SMW for 23 June 2022





AT THE CLOSING BELL ON 23 June 2022



Dow Jones 30,677.36 +194.23 (0.64%)
S&P 500 3,795.73 +35.84 (0.95%)
Nasdaq 11,232.19 +179.11 (1.62%)




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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.

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STOCK MARKET WATCH -- Friday, 24 June 2022 (Original Post) Tansy_Gold Jun 2022 OP
Are you watching the charts? bucolic_frolic Jun 2022 #1

bucolic_frolic

(47,002 posts)
1. Are you watching the charts?
Thu Jun 23, 2022, 03:50 PM
Jun 2022

So many big blues look like they double bottomed over the very short term, and the ones I've seen are NKE ABT DIS. Others that have also bounced but less ... LEN MU WMT (but beware they had a reduced outlook going forward).

What I'm saying is at this point, there seems confidence the FED is taking strong medicine on inflation and will succeed. But we still get these 3-7 day sharp moves in the overall market - up or down - and that volatility expected to continue.

Also surprised by precious metals tanking, commodities as well. Keeping an eye on those for the next 3-9 months to see if inflation subsides.

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