STOCK MARKET WATCH -- Thursday, 13 October 2022

[Tansy_Gold]

STOCK MARKET WATCH, Thursday, 13 October 2022

Previous SMW:
SMW for 12 October 2022




AT THE CLOSING BELL ON 12 October 2022


Dow Jones 29,210.85 -28.34 (0.097%)
S&P 500 3,577.03 -11.81 (0.33%)
Nasdaq 10,417.10 -9.09 (0.087%)

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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:

Ultimately, decisions about whether to use tax or spending mechanisms to implement macroeconomic policy is a political decision rather than a purely economic one.

Timothy Taylor; Steven A. Greenlaw; David Shapiro. Principles of Economics 2e . OpenStax Rice University; XanEdu Publishing Inc. (c) 2018 (Kindle Edition. )

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. Bungled my WMT long, but just about broke even

which is totally acceptable because of where I was intraday yesterday.

Better luck next time.

[bucolic_frolic]

2. Are rate increases creating a credit crunch? Van Metre expects bank collapse

Schiff is pumping silver again. BOE sure reversed, and there was said to be a high level meeting on bank insolvency. I notice banks advertising again to attract deposits. I suspect something's up.

[Tansy_Gold]

3. This is really weird . . . .

I'm not invested, and I don't watch the markets all that closely, other than my daily post here and occasionally in between.

But I noticed a couple weeks ago that I was getting ads from my banks for the first time in ages and was wondering if that had any significance. In fact, another one arrived just today. Being a rather suspicious sort personally, I went HMMMMM. . . .