STOCK MARKET WATCH -- Thursday, 1 June 2023

[Tansy_Gold]

STOCK MARKET WATCH, Thursday, 1 June 2023

Previous SMW:
SMW for 31 May 2023




AT THE CLOSING BELL ON 31 May 2023


Dow Jones 32,908.27 -134.51 (0.41%)
S&P 500 4,179.83 -25.69 (0.61%)
Nasdaq 12,935.29 -82.14 (0.63%)

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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:

Seward chewed a cigar and said, "They may do as they please about me, but they shall not put the President in a false position." He called for pen and paper and wrote to the President: "Sir, I hereby resign the office of Secretary of State, and beg that my resignation be accepted immediately." Five minutes later King put the note in the hands of Lincoln, who read it, looked up with surprise, and said, "What does this mean?" King told of the day's events. Later in the evening Lincoln stepped over to Seward's house, spoke his regrets to Seward, who remarked that it would be a relief to be free from official cares "Ah, yes, Governor," said Lincoln, "that will do very well for you, but I am like the starling in Sterne's story. 'I can't get out.'"

Carl Sandberg. Abraham Lincoln: The War Years 1861-1864. Dell Publishing. © 1926/1963

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.

[Hugin]

1. Thanks for all you do, Tansy.

[progree]

2. +++ ⇧ ⇧ ⇧

[Tansy_Gold]

4. Awww, you guys

[bucolic_frolic]

3. Gurus, Gurus, Trading Range

The Tech Rally has been a surprise. META moved from $88 on Nov 1 to $236 today. Were you in? Me neither, and that was an easy call.

We're all juiced on AI now. Honestly they can sell the next big thing even if it's a nothing burger.

Gurus say peak of trading range. Critical time ahead. My guess is the fall of Russia or the end of the War will topple everything. Economies are feeding on munitions. When the spending ends, times will change.