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Wednesday, September 1, 2021

Notes From All Over -- Part 1, 2021

"Set to rebound": LOL. That was the crawler this morning on CNBC. [Note: I forced myself to watch. Jim Cramer apparently has the week off.] Yesterday the market barely, barely, barely closed in the red. I mean it was a very, very, very minor "pullback." LOL. A "pullback." Whatever. Today, CNBC has this crawler: the market is set to rebound. LOL.

  • Dow: up about 100 points, although it has dropped to 40 points in the green. volatility as the market opens
  • S&P 500: up 10 points
  • NASDAQ: up points

Reminder:

  • September is the worst month for investors -- CNBC
  • this is the first trading day of the last quarter of 2021

Most ridiculous meme: September is the worst month for investors.

NASDAQ has just hit another intra-day all time high. CNBC now trying to talk the market down. If they want to push that narrative, they need to find other folks to interview and they need to quit reporting all these new intra-day highs. 

WTI: has just dropped 1.7%; down $1.14; trading at $67.36

DXY: 92.44; down 0.19; all things being equal, WTI should rise; it didn't. It dropped. EIA's weekly petroleum report out in a few minutes.

TYT: 1.302%. Unchanged.

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