Market Update 2-16-23

In this episode Scott Becker shares a quick market update:

1. The major indexes closed slightly higher yesterday. The Dow rose .1%, the S&P 500 .3%, and the Nasdaq up .9%.
2. Futures point slightly down to mixed early this AM.
3. Treasury yields have jumped the last few days. The 1 year is above 5%, the 10 year rose to 3.81% and 2 year rose to 4.59%.
4. Airbnb jumped 13% yesterday.
5. Chip maker TSMC fell 5% on news that Berkshire/Buffett sold a good deal of shares in the firm.
6. Oil is close to $79 a barrel.
7. Bitcoin jumped more than 10% yesterday to $24,600.
8. Roku had a much better quarter than expected and its shares jumped 11% after hours.

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