D&D Note (6.8.2018) ~ Markets Stage Comeback To Rally Into Close ~ #StockMarket

D&D Note (6.8.2018) ~ Markets Stage Comeback To Rally Into Close ~

Markets opened in the red but staged an afternoon rally to finish in the green on the session. The DOW gained 0.30% to 25,316 points, the S&P 500 rallied 0.31% to 2,779 points, and the NASDAQ finished up 0.14% to 7,645 points.

Cannabis Stocks also opened down from yesterdays sell the news on Canada legalization but rallied late in the session. CGC finished up 0.73%, CNTTF up 0.64%, and APHQF up 0.43%.

Next week is possibly the most crucial week so far this year for investors. There is the North Korea Summit, the FED, the ECB, and the BOJ. We also have economic data and bank capitalization data.

D&D has been making moves this week to adjust positioning, locking in gains, cutting losses, and raising cash for expected volatility next week.

D&D movers:

– DIS up 1.47%

– PYPL up 1.28%

– WNS up 1.22%

– CGC up 0.73%

– MEDFF down -2.62%

– IMLFF down -1.74%

– TSM down -1.49%

– AAPL down -0.91%

Indexes

– DOW up 0.30%

– NASDAQ up 0.14%

– S&P up 0.31%

Sector Movers:

– Consumer Staples up 1.30%

– Health up 0.70%

– Real Estate up 0.46%

– Energy down -0.22%

– Utilities down -0.01%

Notes

– US 2-YR 2.496% (down -0.008)

– US 10-YR 2.942% (up 0.009)

– US 30-YR 3.089% (up 0.009)

Volatility

– VIX 12.14 (up 0.08%)

Crypto (1:00 PST)

– BTC $7,635.52

– ETH $596.65

– BCH $1,114.53

– LTC $119.71

Metals

– Gold $1,303.00 (UNCH)

– Silver $16.795 down -0.12%

– Copper $3.298 up 0.70%

Energy

– Oil $65.65 down -0.45%

– Brent $76.41 down -1.18%

– Nat Gas $2.904 down -0.89%