Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
Editorials & Other Articles
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
STOCK MARKET WATCH -- Monday, 7 August 2023
STOCK MARKET WATCH, Monday, 7 August 2023
Previous SMW:
SMW for 4 August 2023
AT THE CLOSING BELL ON 4 August 2023
Dow Jones 35,065.62 -150.27 (0.43%)
S&P 500 4,478.03 -23.86 (0.53%)
Nasdaq 13,909.24 -50.48 (0.36%)
+++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++
Market Conditions During Trading Hours:
Google Finance
MarketWatch
Bloomberg
Stocktwits
(click on links for latest updates)
+++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++
Currencies:
Gold & Silver:
Petroleum:
+++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++
DU Economics Group Contributor Megathreads:
Progree's Economic Statistics (with links!)
mahatmakanejeeves' Rail Safety Megathread
mahatmakanejeeves' Oil Train Safety Megathread
+++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++
Quote for the Day:
As long as the Senate remains a kill switch that reactionary white conservatives can hit whenever they choose, it is difficult to see how America can meet the challenges it faces.
Adam Jentleson. Kill Switch: The Rise of the Modern Senate and the Crippling of American Democracy. Liveright. © 2021.
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.
2 replies
= new reply since forum marked as read
= new reply since forum marked as read
Note the almost DOJI candle at the top of the move on Tuesday. That's indecision and doubt, especially in a short range. Then a sharp down day, followed by another actual DOJI, below the previous day's close, and Friday a mid-range open, spike upward and sharp rejection lower. That long line above the red is a classic topping tail pointing to going lower in my view.
