D&D Note (10.27.2020) ~ Rising Average Daily Virus Cases & Hospitalizations Continues To Weigh Down Markets ~ The reality is Covid-19 has not gone away and in fact is right now at the worse point in the Pandemic in both Europe and the USA. In the U.S. we are seeing an alarming rate of new … Continue reading
D&D Note (10.26.2020) ~ Coronavirus Fears & SAP Warning Sends Markets Into A Selloff With the S&P 500 Breaking 200 Day Moving Average ~ Pandemic fears crept back into the markets today following a dire warning from SAP and rising Covid-19 virus cases in Europe and the USA. SAP reported earnings and cut its revenue … Continue reading
D&D Note (10.20.2020) ~ Stimulus Stimulus Stimulus, Netflix And SNAP Earnings ~ The main focus today in markets was the Stimulus deadline of tonight. Stocks rose in intraday trading on comments from Pelosi that she is ‘optimistic’. There was a late day reversal as the market got less optimistic on a stimulus deal, but indices … Continue reading
BOUGHT: VZ (started position in our Holding Portfolio ahead of earnings)
D&D Note (10.19.2020) ~ Stimulus Deadline Weighs On Stocks And Global Covid-19 Cases Top 40 Million ~ Stocks in the U.S. opened in the green but steadily fell throughout the session. As we approached the final hours of trading stocks took a leg lower over concerns about the Stimulus deal. Nancy Pelosi has given the … Continue reading
D&D Note (10.16.2020) ~ Retail Sales Spark Market Rally To End The Week ~ Markets got a shot in the arm today with surprise Retail sales gaining 1.9% in September topping estimates of 0.7%. Excluding autos, the increase was 1.5% topping 0.4% estimates. The biggest gainers were clothing and accessories while electronics was the lone … Continue reading
D&D Note (10.12.2020) ~ Stimulus Hopes + Apple 5G Event + Optimistic Earnings Season All Lead To Rally Today Led By Tech ~ The market General, Apple, lifts virtually the entire market today ahead of their 5G iPhone event Tuesday. AAPL was up 6.48% in cash trading today. Investors remain hopeful of fiscal stimulus after … Continue reading
In the 7:00pm hour PST the President has sent out a new tweet that reverses some of his earlier tweet today on ending stimulus talks. The President tweeted: “The House & Senate should IMMEDIATELY Approve 25 Billion Dollars for Airline Payroll Support, & 135 Billon for Small Business. Both of these will be fully paid … Continue reading
D&D Note (10.6.2020) ~ Markets Tank After President Calls Off Stimulus Talks Until Post Election Despite FED Chairman Calling For Congressional Stimulus ~ Stocks traded choppy in cash trading today from gains to losses throughout the session weighing all the current risks. The Presidents health is still in focus but the main driver is Congressional … Continue reading
D&D Note (10.5.2020) ~ Markets Rally On Repricing Perceived Less Uncertainty On Presidents Health And Biden Win Decreasing Possibility Of Contested Election ~ The President’s health has improved according to doctors and will discharge him from the hospital tonight at 6:30pm EST to return to the White House. White House Physician Dr. Sean Conley refused … Continue reading
