STOCK MARKET WATCH -- Wednesday, 23 April 2025

[Tansy_Gold]

STOCK MARKET WATCH: Wednesday, 23 April 2025

Previous SMW:
SMW for 22 April 2025



AT THE CLOSING BELL ON 22 April 2025


Dow Jones 39,186.98 +1,016.57 (2.66%)
S&P 500 5,287.76 +129.56 (2.51%)
Nasdaq 16,300.42 +429.52 (2.71%)

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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:

If you want to understand what people think about Donald Trump, look at the market. The bond market, the stock market. These are aggregates that cannot be bullied. They cannot be cajoled. They cannot be made to genuflect. These are anonymous people voting on what they see as the future of the American dollar and the American economy, and the future profitability of America’s publicly traded corporations. And, cumulatively, that vote is a kind of collective puking. The bond rates are puking, and the stock market is puking. It's a bunch of negative feedback.

Derek Thompson, staff writer, The Atlantic
on Deadline: White House with Nicolle Wallace

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.

[bucolic_frolic]

1. That's an ugly DJIA chart, arguably a head-and-shoulders top

sloping to the right, began last November and now accelerating downward with a faltering recovery and a collapsing right shoulder.

[Tansy_Gold]

2. And it's probably gonna get a whole lot uglier

Like biglier uglier.

[Warpy]

3. For the last few days, the bargain hunters have nearly balanced out

the people and institutions that are selling off. I doubt that will last much longer and I'm finding it difficult to be particularly optimistic about any part of the US economy while these ideologically driven ignoramuses control the White House and Congress steadfastly refuses to do its job.

Whether or not Putin's Pet Piggy lasts his full four years, thinks are not going to magically improve once he's gone. Trust takes a long time to build but is destroyed rather quickly and it's going to take world markets a long time to trust the voters in the US to forgo electing another raving lunatic to the White House and let him play dictator.

I just hope we can get out of this without a new large scale war.

[bucolic_frolic]

4. "a new large scale war."

Was thinking just that thought last night. He's cornered. What other option does he have? He's clearly playing Hobbes' Leviathan. He will rule every aspect of your life, from womb to cradle to education to war and peace, and suspend civil rights. But corporations can fire and pollute you as they please.