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IndexClose% Change
Dow33869.40.5
Dow Transports15043.29-0.16
Dow Utilities945.771.92
S&P 5004090.480.22
Nasdaq11718.12-0.61
Nasdaq 10012304.92-0.62
Russel 20001920.10.25
VIX Index20.51-0.97
10 Year Gov't Yield3.742.23
Spot Gold1864.050.12
Spot Silver22.020.21
GDX-Gold Miners29.63-0.44
Crude Oil79.832.27
Dollar Index103.570.33
Euro Spot1.07-0.56
Japanese 10 Year0.510
Shanghai SE3260.67-0.3
Long Bond 20-year126.97-0.71

More Noise

02-10-2023

The indices were mixed through midday, with the S&P and Dow not far from unchanged while the Nasdaq was 1% lower. Once again, the market appears to be held hostage to option expiration and whatever the government would have us believe the CPI reading is when they release it on Tuesday.

Know You Don't Once again, if you told me the number, unless it was a large outlier, I wouldn't be able to tell you what markets might do because the market dynamics are so screwed up.

Turning back to the action, in the afternoon, the market lifted from its midday level but the day was pretty unexciting. Away from stocks, green paper was stronger while fixed income was weaker, especially at the long end, the metals were about flat, and the miners were mixed with small changes.