Economy

Tansy_Gold

(18,023 posts) Wed Jul 10, 2024, 04:39 PM Jul 10

STOCK MARKET WATCH: Thursday, 11 July 2024

STOCK MARKET WATCH: Thursday, 11 July 2024

Previous SMW:
SMW for 10 July 2024

AT THE CLOSING BELL ON 10 July 2024

Dow Jones 39,721.36 +429.39 (1.09%)
S&P 500 5,633.91 +56.93 (1.02%)
Nasdaq 18,647.45 +218.16 (1.18%)

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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:

(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:

Taken together, the two cases reveal just how drastically judges empowered to decide the scope of constitutional rights can miss their mark. The justices invented a right to work long hours for little pay virtually out of thin air, yet they could not move themselves to stop one of the most intrusive invasions of a woman’s liberty in all of American history.

Ian Millhiser. Injustices: The Supreme Court's History of Comforting the Comfortable and Afflicting the Afflicted. PublicAffairs. © 2015.

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: Thursday, 11 July 2024 (Original Post) Tansy_Gold Jul 10 OP

A grind it out day bucolic_frolic Jul 10 #1

bucolic_frolic

(45,600 posts)

1. A grind it out day

Reply to Tansy_Gold (Original post)

Wed Jul 10, 2024, 06:50 PM

Jul 10

buy this, hedge that, sell another. Bought and sold enough McDonalds to eat at McDonalds.

I'm not expecting major up moves for the rest of the week. Any stock that's had good earnings/announcements has moved and never looked back. Stalking MU, WMT, INTC, DIS, UBER. Missed GOOGL a couple months back.

Some gurus seem to anticipate a 15% upside move over the next 3 months, I think partly in anticipation of interest rate cuts. Some say to move to mid-caps and small caps. Japan has finally started to hum. AI is still moving and will continue. But I have a bag with bad earnings too, and they never move. Just never.

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