The 2:00 tape was a draft. 4 p.m. is the grade.
Yahoo Finance, Friday 4:00 p.m. ET: Dow Jones 51,770.31, down 572.25 from Thursday’s 52,342.56, −1.09%. S&P 500 7,580.07, down 140.32, −1.82%. Nasdaq Composite 25,437.00, down 747.72, −2.86%. Russell 2000 2,811.84, down 47.38, −1.66%. Midday we had Dow 51,791.57 at 2:00 p.m. ET. Do not smash 51,770 into 51,792. They are not the same print. 51,770.31 is the close. 51,792 at 2:00 already ran as a tape. Do not smash 51,770 into Thursday’s unused close 52,342.56. Do not smash 51,770 into Thursday 2:00’s unused 52,181.23. Thursday already filed the unused close as 52,342.56. We will not reprint it as first-day news.
Yahoo, Friday 6:00 p.m. ET: Bitcoin $76,575.86. That is not 2:00’s unused $77,016.16. That is not Thursday 6:00’s unused $78,832.21. WTI futures (CL=F) $102.95 at 4:59 p.m. ET, vs 2:00’s unused $104.64 at 1:50. Brent futures (BZ=F) $112.33 at 4:59, vs 2:00’s unused $113.84 at 1:50. Those are futures. They are not a Friday oil settle we invent. Do not smash 2:00’s $104.64 / $113.84 into tonight. 10-year (^TNX) 4.929% at 2:59 p.m. ET, vs 2:00’s unused 4.933% at 1:45, vs Thursday’s unused 4.989% at 2:59. Funds are still 3.75–4%, 10–2. Wednesday already filed the unused statement: a hold, not a hike, not 12–0. Lisa D. Cook and Beth M. Hammack dissented. We will not reprint 12–0 as today’s vote. We will not invent Chair Kevin Warsh’s press conference.
What this means for you
If you hold an index, Friday’s grade is 51,770, not 51,792 at 2:00 and not Thursday’s 52,343. If you wanted tonight’s unused bitcoin, it is $76,576 at 6:00. Not investment advice.
Bottom line: Close 51,770.31. Not 2:00’s 51,792. Not Thursday’s 52,343. $76,576 at 6:00. Hold 10–2, not 12–0.
GLHR NEWS explains the news. Not investment, tax, or trading advice. Do your own work before you act.
