Sold: RIVN INCO CAT CRM AAPL MSFT AMD TSM
D&D Note (7.11.2022) ~ Stocks Sink Ahead of Earnings Season and CPI Report ~ The major US indices all finished lower on the day as investors look ahead to Wednesday CPI report on inflation the start of earnings season this week. The US dollar could create major headwinds for S&P 500 and big tech company … Continue reading
D&D Note (6.16.2022) ~ Markets Fall to New Lows as Investors Worry the FED will Induce a Recession ~ It was a sea of red today in the markets with selling starting in the Futures market causing the Indices to gap down at the open. The S&P 500 finished off the lows of the day … Continue reading
D&D Note (6.10.2022) ~ Markets Tank on Hot Inflation the Highest Since 1981 ~ The Consumer Price Index CPI report showed inflation rose 8.6% in May, the highest reading since 1981. Here are the May Year-over-year changes: Fuel Oil up 106.7% Airline Fares up 37.8% Used Cars & Trucks up 16.1% Food at Home up … Continue reading
Bought: DVN PANW AMD LMT
Bought: AMD (started position)
D&D Note (6.6.2022) ~ Morning Rally Fades as 10 Year Note Yield Rises Above 3% ~ Stocks opened the day substantially higher (around 1%) with news Beijing rolled back some COVID related restrictions. Then the rally faded throughout the day as bond traders sold the 10 Year Note sending the yield above 3%. We could … Continue reading
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 (9.21.2020) ~ Markets Continue To Selloff Nearing Correction In S&P 500 While U.S. Covid-19 Deaths Approach 200,000 ~ Global markets sold off overnight putting pressure on U.S. markets today as both Fiscal Stimulus + Covid-19 worries rattles investors. Cyclicals led the selloff today while Tech was the cleanest dirty shirt on the day. … Continue reading
D&D Note (8.25.2020) ~ Markets Mixed With Apple Dragging Down DOW While S&P 500 And NASDAQ Rally To New All Time Highs ~ Before we get to market news, once again we have seen extreme injustice to another unarmed black person with Jacob Blake being shot 7 times in the back in front of his … Continue reading