The 2:03 tape was a draft. 4 p.m. is the grade.
Yahoo Finance, Monday 4:00 p.m. ET: Dow Jones 52,361.58, up 146.42 from Friday’s 52,215.16, +0.28%. S&P 500 7,676.77, up 53.09, +0.70%. Nasdaq Composite 26,169.38, up 214.04, +0.82%. Russell 2000 2,786.42, up 10.52, +0.38%. Midday we had Dow 52,347.54 at 2:03 p.m. ET. Do not smash 52,362 into 52,348. They are not the same print. 52,361.58 is the close. 52,348 at 2:03 already ran as a tape. Sunday already filed Friday’s unused close as 52,215.16. We will not reprint it as first-day news.
Yahoo, Monday 6:00 p.m. ET: Bitcoin $79,907.21. That is not 2:03’s $80,246.57. That is not Sunday 2:01’s $80,660.89. WTI futures (CL=F) $101.25 at 4:59 p.m. ET, vs 2:03’s $102.17 at 1:53, vs Friday Yahoo’s $103.27 at 4:59. Brent futures (BZ=F) $110.27 at 4:59, vs 2:03’s $111.09 at 1:53, vs Friday’s $111.70 at 4:59. Those are futures. They are not a Monday oil settle we invent. Do not smash Friday’s $103.27 / $111.70 into tonight. 10-year (^TNX) 4.986% at 2:59 p.m. ET, vs Friday’s 4.988% at 2:59, vs 2:03’s 4.982% at 1:48. Funds are still 3.75–4%, 12–0. Next FOMC is Oct. 27–28, statement Oct. 28 at 2 p.m. We will not invent a hike or a cut on a Monday close.
What this means for you
If you hold an index, Monday’s grade is 52,362, not 52,348 at 2:03 and not Friday’s 52,215. If you wanted tonight’s unused bitcoin, it is $79,907 at 6:00. Not investment advice.
Bottom line: Close 52,361.58. Not 2:03’s 52,348. Not Friday’s 52,215. $79,907 at 6:00.
GLHR NEWS explains the news. Not investment, tax, or trading advice. Do your own work before you act.
