Sign up to save your podcasts
Or
Share Covid and Markets - Thursday September 24
Share to email
Share to Facebook
Share to X
Share to email
Share to Facebook
Share to X
Or
Covid and Markets - Thursday September 24
The market had been pointing to a modestly positive opening all night and into the very early morning futures action, but around 5:30am turned south, again led by technology. The market opened down 250 points, and then went up 500 points (so up 250 on the day), and then bounced around throughout the day. It closed up just +50 points or so with all indexes about the same on the day in percentage terms.
The timing of the downturn this morning came right as the weekly jobless numbers came, but truth be told there was nothing unsurprising at all in the jobs data, so I doubt that was related. More or less, I think the markets are zigging and zagging because that is what they do – and notoriously so this time of year. I do not expect anything different for the next couple of months.
Lots and lots of COVID info today, and plenty on housing etc. — off we go!
Links mentioned in this episode:
DividendCafe.com
TheBahnsenGroup.com
View all episodes
By The Bahnsen Group
4.9
564564 ratings
The market had been pointing to a modestly positive opening all night and into the very early morning futures action, but around 5:30am turned south, again led by technology. The market opened down 250 points, and then went up 500 points (so up 250 on the day), and then bounced around throughout the day. It closed up just +50 points or so with all indexes about the same on the day in percentage terms.
The timing of the downturn this morning came right as the weekly jobless numbers came, but truth be told there was nothing unsurprising at all in the jobs data, so I doubt that was related. More or less, I think the markets are zigging and zagging because that is what they do – and notoriously so this time of year. I do not expect anything different for the next couple of months.
Lots and lots of COVID info today, and plenty on housing etc. — off we go!
Links mentioned in this episode:
DividendCafe.com
TheBahnsenGroup.com
More shows like The Dividend Cafe
View all
Renewing Your Mind
5,211 Listeners
The Briefing with Albert Mohler
8,698 Listeners
Ask Pastor John
3,958 Listeners
White Horse Inn
2,199 Listeners
5 Minutes in Church History with Stephen Nichols
1,712 Listeners
Mortification of Spin
844 Listeners
Breakpoint
3,108 Listeners
The World and Everything In It
7,188 Listeners
Plodcast
995 Listeners
Compelled - Christian Stories & Testimonies
1,065 Listeners
Simply Put
1,435 Listeners
Life and Books and Everything
642 Listeners
Capital Record
453 Listeners
Morning Wire
26,679 Listeners
Things Unseen with Sinclair B. Ferguson
1,567 Listeners