STOCK MARKET WATCH: Wednesday, 28 February 2024

[Tansy_Gold]

STOCK MARKET WATCH: Wednesday, 28 February 2024

Previous SMW:
SMW for 27 February 2024



AT THE CLOSING BELL ON 27 February 2024


Dow Jones 38,972.41 -96.82 (0.25%)
S&P 500 5,078.18 +8.65 (0.17%)
Nasdaq 16,035.30 +59.05 (0.37%)

+++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++

Market Conditions During Trading Hours:

Google Finance
MarketWatch
Bloomberg
Stocktwits

(click on links for latest updates)

+++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++

Currencies:






(Awaiting new links)


Gold & Silver:

(Awaiting new links)


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:

To the hungry of the world, though, this was the bottom line: Filling a twenty-five-gallon fuel tank of a sport utility vehicle with a blend containing 85 percent ethanol – the highest mixture available at pumps in the United States – would consume about eight bushels of corn, which contained enough calories to feed a person for a year.

Jean Ziegler, the then-UN special rapporteur on the right to food, did the math as forecasts indicated the United States would soon be pumping billions of bushels of corn into cars. What it added up to, he charged, was "a crime against humanity."

Roger Thurow and Scott Kilman. Enough: Why the World's Poorest Starve in an Age of Plenty. Public Affairs / Perseus. © 2009.

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. Anything with a growth story is porting elevated PE

AI, tech, even retail. But there are also serial pump and dump cases. SOFI TLRY. The financial press is feeding this delusion by pumping THE TEN GET RICH STOCKS IN 2024!!! Of course some names are from the same list 2023 and 2022. But the headlines catches eyeballs and prominent space on Yahoo Finance. Can't believe that site is still a going concern.