//
you're reading...
D&D Note

D&D Note (5.22.2018) ~ Trade War On/Off Sends Markets Up/Down ~ #StockMarket

wall-street-bull-sculpture small

D&D Note (5.22.2018) ~ Trade War On/Off Sends Markets Up/Down ~ #StockMarket

Yesterday markets zoomed up on hopes of deescalation of a trade war between China and the US. Today the markets took a dip after comments made by Trump that he is not happy with the trade talks which raised concerns again that we are still in a potential trade war.

In a good sign of market rotation the Financial sector was the largest gainer of the day. Tomorrow D&D is looking to add to our position in Citigroup.

Cryptocurrencies don’t have an official close and are open 24/7. However it was still a bit eery to see Ether’s price be at $666.66 at 1:00pm PST when D&D takes down the daily price.

Overall the market has continued to go sideways after breaking out of the recent downtrend.

Today D&D’s largest gainers were Pot Stocks CNTTF and TWMJF along with Bank Stocks BAC and C.

On the other end D&D’s largest losers were Pot Stocks MEDFF and IMLFF along with the Industrial Stock BA and Auto/Tech stock TSLA.

 

D&D movers:

– CNTTF up 4.17%

– TWMJF up 1.52%

– BAC up 1.11%

– C up 0.94%

– IMLFF down -3.80%

– TSLA down -3.33%

– BA down -2.42%

– MEDFF down -2.01%

Indexes

– DOW down -0.71%

– NASDAQ down -0.21%

– S&P down -0.31%

Sector Movers:

– Financials up 0.60%

– Utilities up 0.39%

– Telecom up 0.16%

– Energy down -1.27%

– Industrials down -1.25%

– Materials down -0.91%

Notes

– US 2-YR 2.57% (UNCH)

– US 10-YR 3.062% (down -0.003)

– US 30-YR 3.206% (UNCH)

Volatility

– VIX 13.31 (up 1.76%)

Crypto (1:00 PST)

– BTC $8,186.41

– ETH $666.66

– BCH $1,155.86

– LTC $131.33

Metals

– Gold $1,291.10 up 0.02%

– Silver $16.565 up 0.27%

– Copper $3.1215 up 0.74%

Energy

– Oil $72.03 down -0.44%

– Brent $79.36 up 0.18%

– Nat Gas $2.905 up 3.38%

About ddinvestments

Trading Partner for D&D Investments

Discussion

No comments yet.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: