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D&D Note

D&D Note (3.9.2018) ~ Bull Market Turns 9 Years Old Today ~

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D&D Note (3.9.2018) ~ Bull Market Turns 9 Years Old Today ~

The current Bull Market turned 9 years old today, and the markets finished up over 1.5% across the major indices on the day.

The US added 313,000 jobs in February and unemployment rate is 4.1%. Wage growth increased at 2.6% less than last month of 2.8%. Overall this was a Goldilocks scenario that fueled todays rally.

Crypto remains under pressure after the SEC regulation with Bitcoin falling over 20% in a week now back in bear market territory.

Yesterday the POTUS signed the Tariff’s into effect, however as expected left carve outs for Canada and Mexico. The GOP Congressmen and Senators remain largely against these protectionist tariff’s on steel and aluminum.

Big news was reported that North Korea and Trump will sit down face to face for talks. This marks the first time any sitting President of the US has agreed to direct talks. While the talks could still fall apart they are scheduled to meet sometime before May.

 

D&D movers:

– BRK.B up 3.66%

– IMLFF up 3.55%

– GOOG up 3.02%

– JPM up 2.88%

– CNTTF down -2.23%

– TWMJF down -1.94%

– WNS down -0.74%

– UNLRY (UNCH)

Indexes

– DOW up 1.77%

– NASDAQ up 1.79%

– S&P up 1.74%

Sector Movers:

– Financials up 2.48%

– Industrials up 2.17%

– Technology up 2.03%

– Telecom down -0.06%

Notes

– US 2-YR 2.262% (up 0.008)

– US 10-YR 2.894% (up 0.028)

– US 30-YR 3.159% (up 0.027)

Volatility

– VIX 14.54 (down -12.09%)

Crypto (1:00 PST)

– BTC $8,988.50

– ETH $696.76

– BCH $1,000.00

– LTC $185.60

Metals

– Gold $1,323.70 up 0.15%

– Silver $16.60 up 0.58%

– Copper $3.1405 up 2.00%

Energy

– Oil $62.04 up 3.19%

– Brent $65.52 dup 2.99%

– Nat Gas $2.728 down -1.02%

About ddinvestments

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