STOCK MARKET WATCH -- Monday, 10 April 2023

[Tansy_Gold]

STOCK MARKET WATCH, Monday, 10 April 2023

Previous SMW:
SMW for 6 April 2023




AT THE CLOSING BELL ON 6 April 2023


Dow Jones 33,485.29 +2.57 (0.0077%)
S&P 500 4,105.02 +14.64 (0.36%)
Nasdaq 12,087.96 +91.09 (0.76%)

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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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Quote for the Day:

The mass meeting became one of the most important techniques of the Nazi movement, especially in the years of its rise to power, when there were almost daily meetings of this sort in various regions of the Reich. But by themselves such meetings could not accomplish very much; mass suggestion had to pervade every area of culture: literature, painting and sculpture, the theater, films, and education. As a "total culture" it would animate the basic nationalist prejudices of the people, overcome their feeling of isolation, and direct their creative drives into the proper channels of race and soil. This is why there is an astonishing coherence among the documents of Nazi culture, for they all served the same basic purpose.

George L. Mosse. Nazi Culture: Intellectual, Cultural and Social Life in the Third Reich. University of Wisconsin Press. © 1966.

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. Short interest remains high

As much as my gurus are calling for going lower, I think an overshoot on the upside will occur. But I will short into that, and sell some positions too because they have bounced. Tech is grossly overvalued.

Last November there were multiple calls for a return to growth stocks. That has been born out. Value funds are once again in the rear view mirror.