The Week 12 of 2022 US Stock Market News Recap
The Stock Market Bull pulls out another win in Week 12 of 2022. How much longer will it take him to catch up to The Stock Market Bear YTD?
By Larry C. Paxton
The US Stock Market Week 12 Summary:
After losing Week 11 by a large margin The Stock Market Bear viciously took no prisoners on Monday to start Week 12. But The Stock Market Bull struck back even stronger to take Tuesday. This only riled up The Stock Market Bear who returned the favor to take Wednesday. Like a sumo wrestling match The Stock Market Bull returned to the pasture on Thursday and bounced The Stock Market Bear over the fence. The Stock Market Bear re-entered on Friday but it was a feeble attempt. The Stock Market Bull gets his two weeks in a row victory in Week 12, is still quite a bit behind year-to-date, the world is still in chaos over Russia’s attack on Ukraine, inflationary pressures, the COVID-19 pandemic that that won’t go away, and only a single number one seed left in the NCAA Men’s Basketball March Madness championship. But the economy remains strong and growing. Can The Stock Market Bull keep up his first win streak in 2022? Read what the experts say and place your bets!
US Stock Market Indices Summary |
|||
Week 12 of 2022 Ending 03/25/22 |
|||
| DJIA | NASDAQ | S&P500 | |
| Previous Year Close(12/31/21) | 36,338.30 | 15,644.97 | 4,766.18 |
| Previous Quarter Close(12/31/21) | 36,338.30 | 15,644.97 | 4,766.18 |
| Previous Month Close(02/28/22) | 33,892.60 | 13,751.40 | 4,373.94 |
| Record Close Date | 01/04/22 | 11/19/21 | 01/03/22 |
| Record Close | 36,799.65 | 16,057.44 | 4,796.56 |
| Week 11-Friday & Close(03/18/22) | 34,754.93 | 13,893.84 | 4,463.12 |
| Week 12-Monday(03/21/22) | 34,552.99 | 13,838.46 | 4,461.18 |
| Day Change | (201.94) | (55.38) | (1.94) |
| Day % Change | -0.58% | -0.40% | -0.04% |
| Week 12-Tuesday(03/22/22) | 34,807.46 | 14,108.82 | 4,511.61 |
| Day Change | 254.47 | 270.36 | 50.43 |
| Day % Change | 0.74% | 1.95% | 1.13% |
| Week 12-Wednesday(03/23/22) | 34,358.80 | 13,922.60 | 4,456.24 |
| Day Change | (448.66) | (186.22) | (55.37) |
| Day % Change | -1.29% | -1.32% | -1.23% |
| Week 12-Thursday(03/24/22) | 34,707.94 | 14,191.84 | 4,520.16 |
| Day Change | 349.14 | 269.24 | 63.92 |
| Day % Change | 1.02% | 1.93% | 1.43% |
| Week 12-Friday & Close(03/25/22) | 34,861.24 | 14,169.30 | 4,543.06 |
| Day Change | 153.30 | (22.54) | 22.90 |
| Day % Change | 0.44% | -0.16% | 0.51% |
| Change-Week | 106.31 | 275.46 | 79.94 |
| % Change-Week | 0.31% | 1.98% | 1.79% |
| Change-Month-to-Date | 968.64 | 417.90 | 169.12 |
| % Change-Month-to-Date | 2.86% | 3.04% | 3.87% |
| Change-Quarter-to-Date | (1,477.06) | (1,475.67) | (223.12) |
| % Change-Quarter-to-Date | -4.06% | -9.43% | -4.68% |
| Change-Year-to-Date | (1,477.06) | (1,475.67) | (223.12) |
| % Change-Year-to-Date | -4.06% | -9.43% | -4.68% |
| Change-Record | (1,938.41) | (1,888.14) | (253.50) |
| % Change-Record | -5.27% | -11.76% | -5.29% |
The Stock Market Bull and Bear Tallies 2022 YTD |
|||
| Week 12 Winner and Tally | Bull | 3-0 | Win |
| February Winner and Tally | Bear | 3-0 | Win |
| Weeks | Months | 2022 YTD | |
| The Stock Market Bull | 4 | 0 | |
| The Stock Market Bear | 7 | 2 | Winning |
| Mixed Result | 1 | 0 | |
| Totals | 12 | 2 | |
Influences/News:
- Ukraine is still being attacked by Russia, but the ground effort seems stalled and the primary damage is being done by artillery and cruise missiles. NATO and EU meetings in Europe that included US President Biden end with continuing resolve to be united against Russia and with additional military resources and financial aid being provided to Ukraine, but still not willing to move on the pleas of Ukraine President Volodymyr Zelenskyy’s requests to establish a “No Fly Zone.” Additional sanctions are also place on Russia and its oligarchs. US President Biden visits Poland to spend time with US troops and to let Poland know the US is behind them as it continues to be the primary destiny for Ukrainian refugees. It was also announced that a LNG deal for the US to provide Europe with 15 billion cubic meters liquified natural gas has been agreed to which will help Europe lessen its dependency on Russian oil.
- The latest COVID-19 BA.2 variant continues to spread rapidly, cases are mostly mild, but uncertainty about the end of the pandemic remains.
- North Korea does another ballistic test which appears to have been successful.
- US Supreme Court nominee Ketanji Brown Jackson appears before the Senate Judiciary Committee to answer questions, which were mostly partisan in nature. At the end of the hearings it appears she will be approved by the committee and her nomination will go before the Senate where the Democrats have a slight edge. There is also some talk that some Republicans might vote in the affirmative as well. Polls of US citizens indicate approval of KBJ.
- In US economic news the Chicago Fed National Activity Index indicated a slight decline in the economy in February; New Home Sales declined by 2.0% to an annual rate of 770,000 units in February and by 6.2% from a year ago, median new home price is at $400,600; average US Mortgage Rates for a 30 year fixed rate climbed from 4.16% to 4.42% in the latest week; the US International Account Deficit for 2021 is at $822 billion, a further 33.4% decline from 2020; the U of Michigan Consumer Sentiment Index finished March at 59.7, the lowest in 11 years; US Weekly Initial Jobless Claims fell to 187,000, the lowest since 1969.
More Resources:
Check out the BLOG page for the previous RECAPS and SNAPSHOTS posts.
Click here to follow The PBR1000 on Twitter!
PBRMarketTools Info:
If you are not a current The PBR1000 or The PBR25 Subscriber go to the Subscribe page for more information and to get our latest research and monthly snapshots.
Please use the Contact Us page if you are not on our email list or have questions about The PBR1000, The PBR25 Top Buy Stocks, The PBRMarketTools US Economic Indices or the Customization Services we provide. We appreciate your comments and suggestions!
The PBR1000:
PBRMarketTools.com provides The PBR1000, a compilation of 1,000 of the largest publicly held companies with primary operations in the US. These companies generate $15 trillion in annual revenues, more than all other US companies combined. The PBR1000 Monthly Snapshots provides these 1,000 companies in Excel format, includes 15 worksheets with 28 rankings, over 200 data/information points, hotlinks to key data, and important news items per company.
Disclaimers: The research PBRMarketTools.com provides is compiled from a variety of publicly available resources. As such, PBRMarketTools.com is not responsible for the data itself. Any liability for the representations or decisions based on the data is solely the responsibility of the authorized user, not PBRMarketTools.com, its employees or affiliates. PBRMarketTools.com is an independent business intelligence service providing news, data, and analysis. We provide information only and it should not be regarded as recommendations or advice. PBRMarketTools.com is not a financial advisory or stock brokerage firm and has no affiliation with such organizations.
This business intelligence report is provided by: 
(Article image is courtesy of FreeDigitalPhotos.net, ddpavumba.)
Empowering Astute Business Leaders and Shrewd Investors
Through The PBR1000 Analytics!
Copyright © 2022 by Pax Business Resources, LLC, All Rights Reserved.
