Look: I am eager to learn stuff I don't know--which requires actively courting and posting smart disagreement.

But as you will understand, I don't like to post things that mischaracterize and are aimed to mislead.

-- Brad Delong

Copyright Notice

Everything that appears on this blog is the copyrighted property of somebody. Often, but not always, that somebody is me. For things that are not mine, I either have obtained permission, or claim fair use. Feel free to quote me, but attribute, please. My photos and poetry are dear to my heart, and may not be used without permission. Ditto, my other intellectual property, such as charts and graphs. I'm probably willing to share. Let's talk. Violators will be damned for all eternity to the circle of hell populated by Rosanne Barr, Mrs Miller [look her up], and trombonists who are unable play in tune. You cannot possibly imagine the agony. If you have a question, email me: jazzbumpa@gmail.com. I'll answer when I feel like it. Cheers!

Tuesday, November 30, 2021

Taking Stock - Week of November 29, 2021

 Monday, November 29, 2021

Green Arrow Up

SP500 at the close  ---   4,655.27   +60.65 (+1.32%)

DJI30    ---  35,135.94   +236.60 (+0.68%)

 NASDAQ   ---   15,782.83+291.18 (+1.88%)

Russell 2000   ---   2,241.98.  -3.96 (-0.18%)

The SP500 opened up 34 points, had a slight mid-morning slump, and hit the hi, up 78 after 1:00, From there it slid into the close, for a substantial gain.

The DJI 30 opened up 118 points, gave it all back before 11:00, It rose to the day's hi, up 389 after 1:00, then slid into the close for a reasonable gain. 

The NASDAQ opened up 228 points, and slid back a little until after 10:30. It reached the hi, up 341 after 1:00, then slid into the close for the day's largest gain.

The Russell 2000 opened positive, but slumped into the red mid-morning and again at the end of the day. It finished with a small loss.

This was a nice recovery for all except the Russell – and most especially for the NASDAQ.  Who knows where we go from here?


Tuesday, November 29, 2021

Red Arrow Down

SP500 at the close  ---  4,567.00.  -88.27 (-1.90%)

DJI30    ---  34,483.72.  -652.22 (-1.86%)

 NASDAQ   ---   15,537.69.  -245.14 (-1.55%)

Russell 2000   ---   2,198.91.  -43.07 (-1.92%)

The SP500 opened off 15 points, and fell until about mid-day.  After that, it was mostly sideways, ending with a substantial loss.  It is right at its 55 day EM\A.

The DJI30 opened off 79 points, and followed a similar path, ending with a substantial loss.  Itis now under its 144 day EMA.

The NASDAQ  opened off 66 points, and also followed a similar path, ending with a substantial loss, though a bit less than the other indexes.

The Russell 2000 opened off 5 pints, and also followed a similar path, ending with a substantial loss. It's 52 points under its 144 day EMA.






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