STOCK MARKET WATCH: Tuesday, 21 November 2023

[Tansy_Gold]

STOCK MARKET WATCH: Tuesday, 21 November 2023

Previous SMW:
SMW for 20 November 2023



AT THE CLOSING BELL ON 20 November 2023


Dow Jones 35,151.04 +203.76 (0.58%)
S&P 500 4,547.38 +33.36 (0.74%)
Nasdaq 14,284.53 +159.05 (1.13%)

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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:

Every ultrafundamentalist believes the prophecies are being fulfilled – the last days are here, right now. This conviction dominates their thought so thoroughly as to color every pronouncement they make on theological and political issues. Everywhere around them they find the world crumbling, old standards being swept away, loyalty to pure doctrine being destroyed, and the work of Satan reigning throughout Christendom.

Erling Jorstad. The Politics of Doomsday: Fundamentalists of the Far Right. Abingdon Press. © 1970.

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. I don't want to agree with those Fundamentalists, but I'm beginning to realize

Last edited Mon Nov 20, 2023, 08:55 PM - Edit history (1)

that value investing is all but dead. Its last comeback iteration lasted about 9 months post pandemic. I think modern computing, real time communications, big data are too fast for anything to get severely undervalued, which was what drove value investing post 1977 to about the late 1990s. Now you just hitch to the fast growth funds and forget about it. Indexing is almost the same thing.