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Author Topic: Dow Jones Watch  (Read 1091 times)

Offline Nemo

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Dow Jones Watch
« 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
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Offline JohnyMac

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Re: Dow Jones Watch
« Reply #1 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.   
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Offline Nemo

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Re: Dow Jones Watch
« Reply #2 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


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
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If you need a second magazine, its time to call in air support.

God created Man, Col. Sam Colt made him equal, John Moses Browning turned equality to perfection, Gaston Glock turned perfection into plastic fantastic junk.
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