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

D&D Note (6.6.2018) ~ Cannabis Stocks Catch A Fire ~ #StockMarket #Cannabis

wall-street-bull-sculpture small

D&D Note (6.6.2018) ~ Cannabis Stocks Catch A Fire ~

Ahead of the vote to legalize recreational use tomorrow in Canada, Cannabis Stocks (better known as Pot Stocks) rallied big today. All D&D Cannabis holdings gained on the day with MEDFF up 9.88%, IMLFF up 8.92%, APHQF up 4.36%, CNTTF up 3.92%, CGC up 2.75%.

The Financial Sector rallied today with Interest rates rising. BAC gained 3.16%, JPM gained 2.34%, C gained 2.20%.

The US 10-YR Yield rose to 2.972% (up 0.053). The ECB has begun to signal they are going to be ending their QE.

FANG Stocks slumped on the session with FB falling -0.83%, AMZN down -0.04%, GOOG losing -0.24%. NFLX turned green at the close to finish up 0.44%

Boeing was the largest gainer today on the DOW rising 3.18%. The DOW Index crossed 25000 today to close at hits highs of the session gaining 346 points at 1.40% to close at 25146.

The NASDAQ and Russell 2000 both hit all time highs on the session.

Tesla rallied 9.74% today on news from Elon Musk that the company is going to hit the target of 5,000 cars a week by the end of the month.

Today D&D closed our position in Industrial stock ITW cutting our losses in the holding.

Upcoming events that could move markets are the G7 meeting in Canada and the North Korea Summit.

 

D&D movers:

– MEDFF up 9.88%

– TSLA up 9.74%

– IMLFF up 8.92%

– APHQF up 4.36%

– FB down -0.83%

– WNS down -0.53%

– GOOG down -0.24%

– AMZN down -0.04%

Indexes

– DOW up 1.40%

– NASDAQ up 0.67%

– S&P up 0.85%

Sector Movers:

– Materials up 1.87%

– Financials up 1.83%

– Telecom up 1.53%

– Utilities down -2.13%

Notes

– US 2-YR 2.52% (up 0.028)

– US 10-YR 2.972% (up 0.053)

– US 30-YR 3.123% (up 0.048)

Volatility

– VIX 11.84 (-4.52%)

Crypto (1:00 PST)

– BTC $7,528.11

– ETH $598.66

– BCH $1,110.53

– LTC $119.51

Metals

– Gold $1,301.40 down -0.06%

– Silver $16.715 up 1.04%

– Copper $3.2695 up 2.22%

Energy

– Oil $65.06 down -0.70%

– Brent $75.83 up 0.60%

– Nat Gas $2.894 up 0.14%

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: