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Dow Jones Industrial Average (^DJI)
DJI - DJI Real Time Price. Currency in USD
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Everything was higher before Jerome started speaking, now all RED...Way to go Jerome...
And here it comes....the Powell Effect in full force. Red in 15 minutes. BIGLY red by the close.
It's not a currency, it's not an inflation hedge, it's not a store of value, it's not a digital asset, it has no utility, no industrial use, no medical use, not even jewelry or electrical conductivity. It can ONLY increase in value by people buying it after you did. Cryptocurrency, Ponzi?
@Rubus. Why would DJIA care if he's in for the long haul? Because he gloats about any index stock that moves up even a couple percent. The long haul isn't a $5 up day on TRV
A recent study shows most millennials thinks average wage in the USA is $100k/year.
Great job parents. Buying anything they want and not making them earn it basically proves inflation is here to stay…
Money is no longer real and the stock market doesn't represent anything tangible. This is what you get.
This isn't a sell-off. Its the transfer of equities from the 90% to the 10% at a discount. Different brain different perspective.
Volatility index ^VIX is off the chart right now...Thanks Powell
I ask you. If you take money out of the market, what do you do with it?
Investment options are getting pretty slim.
Real estate is too high, interest rates are too low, t bill too low, the money must go somewhere. The stock market is about the only game in town, we actually needed a little correction.
Ask Joe and the democrats whose border and country’s sovereignty is more important to protect. Ukraine or American?
Not even investment guru DJIA can figure out the market after today. When's the last time Jerome spoke and it finished red?
It took only 1 year for demos to ruin the economy, stock market, inflation, supply chain, and energy independence. WOW, it it's not even close to over yet.
FWIW, we didn't get the overall market sentiment shift to the upside today like I expected, however 7 DJIA stocks were under accumulation today, $DOW, $HD, $INTC, $JPM, $KO, $MSFT and $UNH.
INTC did report lower earnings today as a result of management choosing to built for future growth at the detriment of the current quarter and the instant gratification crowd is taking the stock down a percent after hours, however INTC management is doing the right thing by planning for future growth and I believe the stock continues to be a long-term hold.
A new group of investors conditioned to think the market goes up almost every day.
I think his approval rating is going to drop below his current 33% this week.
All four DJIA reporting earnings this morning are up today. $AXP leading the charge up 9%. $IBM which reported last night is up 5.5% today. $MSFT reports tonight. Yes, earnings do matter and should be the primary focus.
Joe will send military troops to Ukraine to protect their border but not the border of his own country. Two million illegal aliens in 2021 alone. How many more this year that he won’t stop?
Looks like Joe and the democrats pretty much have the markets, the economy, and pretty much every other aspect in freefall
They call this market "Sell Offs", just think, someone's buying???
All the youtube gurus are shouting crash and the end of the bull market with Dow forecasts as low as 33K next week - only the previous week the permabull turncoats were saying to buy 1000 pts above!
CAT and other big name Earnings next week along with the FOMC - the chart is looking eerily similar to February 2020 with the initial spike down. However the Fed is still pumping until mid march - so bears better watch out for spikes and counter rallies out of no where..
At the moment Dow weekend futures down -45 pts was -90 earlier, of course that means nothing but it's indicative of what happens on Sunday afternoon when official futures open...
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