The 2:01 tape was a draft. 4 p.m. is the grade.
Yahoo Finance, Wednesday 4:00 p.m. ET / Associated Press: Dow Jones 51,621.48, down 48.62 from Tuesday’s 51,670.10, −0.09%. S&P 500 7,718.94, down 86.51, −1.11%. Nasdaq Composite 26,692.87, down 511.51, −1.88%. Russell 2000 2,729.53, down 53.84, −1.93%. Midday we had Dow 51,378.18 at 2:01 p.m. ET. Do not smash 51,621 into 51,378. They are not the same print. 51,621.48 is the close. 51,378 at 2:01 already ran as a tape. Tuesday’s unused close already ran as 51,670.10. We will not reprint it as first-day news.
Yahoo, Wednesday 6:01 p.m. ET: Bitcoin $81,662.18. That is not 2:01’s $81,469.88. That is not Tuesday 6:04’s $83,354.89. WTI futures (CL=F) $95.17 at 4:59 p.m. ET, vs 2:01’s $95.98 at 1:51, vs Tuesday Yahoo’s $94.79 at 4:59. Brent futures (BZ=F) $106.06 at 4:59, vs 2:01’s $106.85 at 1:51, vs Tuesday’s $106.36 at 4:59. Those are futures. They are not a Wednesday oil settle we invent. Do not smash Tuesday’s $94.79 / $106.36 into tonight. 10-year (^TNX) 5.19% at 2:59 p.m. ET, vs Tuesday’s 5.22% at 2:59, vs 2:01’s 5.21% at 1:46. 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 Wednesday close.
What this means for you
If you hold an index, Wednesday’s grade is 51,621, not 51,378 at 2:01 and not Tuesday’s 51,670. If you wanted tonight’s unused bitcoin, it is $81,662 at 6:01. Not investment advice.
Bottom line: Close 51,621.48. Not 2:01’s 51,378. Not Tuesday’s 51,670. $81,662 at 6:01.
GLHR NEWS explains the news. Not investment, tax, or trading advice. Do your own work before you act.
