STOCK MARKET WATCH: Monday, 27 November 2023

[Tansy_Gold]

STOCK MARKET WATCH: Monday, 27 November 2023

Previous SMW:
SMW for 24 November 2023



AT THE CLOSING BELL ON 24 November 2023


Dow Jones 35,390.15 +117.12 (0.33%)
S&P 500 4,559.34 +2.72 (0.060%)
Nasdaq 14,250.85 -15.00 (0.11%)

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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:

Despite the difficulties women and men experienced as they tried to adjust to this newly configured home life, it's important to recognize that the women's movement did not invariably pit men against women. This was not a battle between the sexes; it was part of the highly gendered and racialized cultural wars that polarized Americans in the wake of the 1960s. Men and women fought together on both sides of the divide, for this was a struggle between social and cultural ideals.

Ruth Rosen. The World Split Open: How the Modern Women's Movement Changed America. Viking / Penguin. © 2000.

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. opinions and observations

I expect stocks that have been underwater to sink further before January. Tax selling. Many many companies have little value or are overvalued.

Conversely, high growth companies have been bid up and are also overvalued. I expect a haircut ahead. Congress has done little to alleviate doubt over budgets and debt so this limping forward will continue perhaps into 2024.