D&D Note (3.16.2018) ~ Trade War Fears Still Dominate Markets ~

D&D Note (3.16.2018) ~ Trade War Fears Still Dominate Markets ~

Markets all week have been under pressure due to the uncertainty surrounding a possible global trade war. Despite the fears and being only a month since the correction investors have flooded the market with new cash this week.

This week investors poured $43.3 billion in new money into the market. This follows last weeks $9.4 billion pulled from the market.

Overall markets are still waiting in anticipation of next weeks FED meeting and how the new dot plots shapes out.

D&D is still rebalancing our portfolio taking gains in technology and pot stocks and flipping that into financials and re-diversification. We are also keeping much of our powder dry with cash on hand to buy when opportunities arise.

Shakeups in the White House do keep us concerned as every day we just don’t know who else might get the classic “You’re Fired.” New reporting that Secretary of Defense James Mattis profited off helping Theranos perpetrate a fraud. He served on the Board and while still serving as a General was an advocate to get the Theranos technology (which was fake) into the military.

D&D movers:

– EMHTF up 4.41%

– TWMJF up 2.40%

– WNS up 1.11%

– APHQF up 0.91%

– IMLFF down -10.18%

– CNTTF down -1.93%

– GOOG down -1.20%

– MO down -0.97%

Indexes

– DOW up 0.31%

– NASDAQ (UNCH)

– S&P up 0.17%

Sector Movers:

– Energy up 1.01%

– Utilities up 1.00%

– Real Estate up 0.53%

– Technology down -0.06%

– Consumer Discretionary down -0.05%

Notes

– US 2-YR 2.295% (up 0.008)

– US 10-YR 2.844% (up 0.02)

– US 30-YR 3.078% (up 0.017)

Volatility

– VIX 15.46 (down -6.81%)

Crypto (1:00 PST)

– BTC $8,548.00

– ETH $621.74

– BCH $1,029.91

– LTC $171.06

Metals

– Gold $1,313.20 down -0.35%

– Silver $16.32 down -0.62%

– Copper $3.109 down -0.59%

Energy

– Oil $62.27 up 1.76%

– Brent $66.17 up 1.61%

– Nat Gas $2.697 up 0.60%