Discussion ***Official*** 2023 Stock Market Thread 💰

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AdamK47

Lifer
Oct 9, 1999
15,544
3,246
136
Powell is speaking to Bloomberg. The rally is back on.

Edit: Was
 
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jpiniero

Lifer
Oct 1, 2010
15,170
5,701
136
Ooh, new unemployment claims were up for the first time in awhile. Not that much but it should mean that today is green.
 

biostud

Lifer
Feb 27, 2003
18,670
5,397
136
I was quite shocked when I saw a drop several percent of my index funds, until I realized it was because they are paying out dividends and the price was adjusted according to that. :D
 

AdamK47

Lifer
Oct 9, 1999
15,544
3,246
136
The CPI report could go either way tomorrow. Stock market gains today indicate people think it will come down below expectations.

None of my buy limits met. Boo-urns!
 

jpiniero

Lifer
Oct 1, 2010
15,170
5,701
136
CPI higher than expected at 0.5 (forecast was for 0.4). Wall Street doesn't seem to care much.

Edit: Another single hike in June is now the small favorite. That would be three hikes from where we are now.
 
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FelixDeCat

Lifer
Aug 4, 2000
29,613
2,263
126
Tesla gets zapped! Forced to recall cars over self driving software that may cause accidents.
 

Charmonium

Diamond Member
May 15, 2015
9,985
3,171
136
700 points yesterday, supposedly over fears that the fed will keep the pressure on. And we still have that inverted yield curve, but so far at least, no recession. This is going to be fun to watch.
 

JTsyo

Lifer
Nov 18, 2007
11,817
952
126
oh man Intel is cutting dividends by 66%. Hope it's made back in stock again over the next 5 years.