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[littlejohn]

05/16/2024, DOW history, broad weakness in

sectors as DOW makes history...

Dow Jones Index traded above 40,000

during the day for first time ever...

DE 394.43 -19.59 -4.73%
Deere & Company
CSCO 48.34 -1.33 -2.68%
Cisco Systems Inc
DHI 150.97 -6.61 -4.19%
D.R. Horton
BLDR 165.39 -6.55 -3.81%
Builders Firstsource
LEN 165.20 -5.65 -3.31%
Lennar Corp
PHM 118.66 -3.41 -2.79%
Pultegroup
TOL 131.13 -3.79 -2.81%
Toll Brothers Inc
CIVI 73.96 -2.51 -3.28%
Civitas Resources Inc
BIIB 230.04 -5.28 -2.24%
Biogen Inc
META 473.23 -8.31 -1.73%
Meta Platforms Inc

Broad weakness from Deere, Cisco, home

builders, underscore the historic rally day...

https://www.barchart.com/story/news/26265091/stocks-fall-back-on-concern-interest-rates-to-stay-higher-for-longer

Commerce and traffic in the U.S. are

strong even as industries face hurdles

due to high cost products that they need

to sell to limited markets that can actually

afford them now...


It is really a clusterphock picture out there...


So we watch...LJ