Unchained Preppers
General Category => General Discussion => Topic started by: JohnyMac on October 05, 2022, 07:30:49 AM
-
Took a gander at the DJIA just now and it is down 200 points already.
Okay profits were taken last week. Monday and Tuesday folks bought up some undervalued stocks that got caught up in the correction. I guess that bargain basement sale is over.
Some fun things to watch this and next week,
> Mideast & Russian oil future production meeting. Estimated to be cut 1M to 2M barrels a day
> September CPI coming out on Oct 13th
> Petrol and diesel climbing again.
> Spot crude inching up again by .5 to a point a day
> The administration is still pulling crude from the strategic oil supply
Should be an interesting seven days. Stay tuned :popcorn:
-
Yes - On the brink of a two front world war, Joe's handlers have him draining the National Strategic Petrolium Reserve(aka: our wartime fuel reserve) , shipping our weapons reserve out of the country and giving away our nation's money* to freeloaders.
- Sir John Honeybucket
* We don't REALLY have actual, constitutional money, but that's a different issue.
-
VOTE!
I fear that so many folks will not vote these bums out. I pray often, that the good Lord helps us to turn around this Ba'al leaning country. I hope he wants us to do it via the ballot vs. the barrel of a rifle.
-
Pray for national repentance. We don 't really have a constitutional problem as much as we have a national sin problem.
As a preacher I knew would ask LOUDLY: "SO SHEEPLE, do you feel BLESSED YET?" - Think abour WHY NOT ?!?!.
-SJH
-
Oil headed up. A rather large amount I suspect.
Nemo
yesterday numbers
https://oil-price.net/
October, Wednesday 5 2022 - 08:18:01
WTI Crude Oil
$86.52 ▲2.89 3.34%
2022.10.04 end-of-day
Brent Crude Oil
$91.80 ▲2.94 3.20%
2022.10.04 end-of-day
Numbers so far today. Only part of the chart, its much longer.
https://oilprice.com/oil-price-charts/
WTI Crude 87.22 +0.70 +0.81% (11 Minutes Delay)
Brent Crude 92.67 +0.87 +0.95% (11 Minutes Delay)
Murban Crude 94.53 +1.08 +1.16% (16 Minutes Delay)
Natural Gas 6.965 +0.128 +1.87% (11 Minutes Delay)
Gasoline 2.657 -0.026 -0.98% (11 Minutes Delay)
-
Fox News just announced a cut of production by OPEC+ (which included Russia) of 2 million barrels per day.
Thats 84 million gallons of crude oil with would work out to about 40-50 million gallons of gasoline.
Hang on to your hat, its gonna be a ride.
My estimate on DJIA, down about 6-800 points today.
Nemo
-
Watching the Dow Jones market so far I will reduce that to about the 300 range.
But the oil markets are rising.
Nemo
https://oilprice.com/oil-price-charts/
WTI Crude 87.34 +1.34 +1.55% (16 Minutes Delay)
Brent Crude 93.26 +1.46 +1.59% (16 Minutes Delay)
Murban Crude 95.26 +1.81 +1.94% (21 Minutes Delay)
Natural Gas 6.917 +0.080 +1.17% (16 Minutes Delay)
Gasoline 2.678 -0.005 -0.2% (16 Minutes Delay)
Heating Oil 3.686 +0.150 +4.23% (16 Minutes Delay)
-
Surprised the hail outta me. Glad I don't bet on it much.
Nemo
https://www.marketwatch.com/investing/index/djia (https://www.marketwatch.com/investing/index/djia)
Dow Jones Industrial Average
30,273.87
-42.45 -0.14%
Last Updated: Oct 5, 2022 5:03 p.m. EDT
-
Minding the minutia of meltdown is (at this point) meaningless.
Prepare for full collapse. (don't waste energy and time on the "details")
'"Let's Roll" were the last words from flight, flight 93.
At this point, our "Fed" and their "economy" are dealing with box knives and beverage carts.
We are auguring in.
-
Yeah I know. A friend in the bizz said the Fed came in at the end and buoyed the market with some late purchases.
The mkt is being manipulated. Oh shocker! :facepalm:
-
So far today.
Nemo
https://www.marketwatch.com/investing/index/djia (https://www.marketwatch.com/investing/index/djia)
Dow Jones Industrial Average
Open
Last Updated: Oct 6, 2022 at 12:15 p.m. EDT
30,030.78
-243.09 -0.80%
-
Rather big movement at today's opening.
Nemo
https://money.cnn.com/data/markets/dow
edited for clarity in copy, numbers accurate from source
DOW JONES INDU AVERAGE NDX
(Dow Jones Global Indexes:INDU)
29,612.06
Real-Time Quote
As of 9:44am ET
Today?s Change -314.88 / -1.05%
Year-to-Date -18.56%
-
It was down 421 by the time I posted the above from couple minutes formatting it, as of 0951.
Hang on to your hat.
Nemo
-
And markets closed.
Nemo
https://money.cnn.com/data/markets/dow
DOW JONES INDU AVERAGE NDX
(Dow Jones Global Indexes:INDU)
29,296.79
As of 4:09pm ET
Today's Change -630.15 / -2.11%
52-Week Range
28,716
Today 36,953
-19.76% Year-to-Date
-
Today is Columbus Day, a federal holiday so not much happens.
But DJIA is down another 93 points.
Nemo
Dow Jones Industrial Average
Closed
Last Updated: Oct 10, 2022 at 4:02 p.m. EDT
29,202.94 -93.85 -0.32%
-
Do not take market advice from me. Or give much credibility to my assessments.
Nemo
https://www.cnbc.com/2022/10/12/stock-futures-are-up-as-investors-await-inflation-data.html (https://www.cnbc.com/2022/10/12/stock-futures-are-up-as-investors-await-inflation-data.html)
Updated Thu, Oct 13 20224:30 PM EDT
Dow closes 800 points higher after a historic one-day turnaround
Carmen Reinicke
Alex Harring
-
Yupper. I suspect it will go up higher to maybe 34,000-points as the EU moves more and more money to the US market.
The USA is the best horse in the glue factory at the moment.
-
But the DJIA was down by 403 today.
Nemo