Unchained Preppers

Off Topic/ B.S. => General Off Topic => Topic started by: Nemo on May 18, 2022, 12:10:27 PM

Title: Dow Jones Watch
Post by: Nemo on May 18, 2022, 12:10:27 PM

A bit after noon, DJIA trading at 31,930, down right at 720 or 2.2%. 

I recall seeing something about 34,800  DJIA mark around here not real long ago. 

Seems that is more than a bit past on the way down.

Nemo

Title: Re: Dow Jones Watch
Post by: JohnyMac on May 18, 2022, 03:29:05 PM

Maybe me Nemo. I have been predicting that the DJIA will hit 28,000-ish by late spring early summer. Then there will be a rebound to 31-32K by the mid-terms.   

Title: Re: Dow Jones Watch
Post by: Nemo on May 19, 2022, 07:18:36 AM

And follow up regarding economy in general.  Do some assessments on your holdings.

Nemo

https://www.foxbusiness.com/markets/target-walmart-inflation-dow-stocks-recession (https://www.foxbusiness.com/markets/target-walmart-inflation-dow-stocks-recession)

Quote

Stocks
Published 5 hours ago
Target, Walmart?s inflation warning bad omen for stocks, economy
YTD: The Dow is off 13%, the S&P 18% and the Nasdaq Composite 27%
By Suzanne O'Halloran FOXBusiness