Sold: Bought:
BOUGHT: BA (added to position in our Holding Portfolio)
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
BOUGHT: JPM (added to position in Holding Portfolio) BA (began position in Holding Portfolio) JNJ (began position in Holding Portfolio) UNH (began position in Trading Portfolio)
D&D Note (9.10.2020) ~ Yesterdays Dead Cat Bounce Turns Back Into Selloff Today As Stimulus Bill Fails ~ Usually a selloff lasts 3 days (hence the 3 day rule) then you get a dead cat bounce (which we got yesterday) followed by a resumed selloff (which we got today). That is exactly why D&D took … Continue reading
D&D Note (6.29.2020) ~ Stocks & Oil Gain On Better Than Expected Economic Data ~ Surprise positive economic data helped boost markets and oil today despite the weakening Coronavirus data. Pending Home Sales posted a record gain exceeding all forecasts. Although much of the improvement in economic data came from states beginning to reopen from … Continue reading
D&D Note (5.19.2020) ~ Negative Moderna Vaccine News Causes Bearish Reversal ~ The rally yesterday began to fade in the futures market and Asian markets almost all had flagging top chart patterns. US markets gapped down to open and then swung between losses and gains throughout the day. The tech heavy NASDAQ fairing better staying … Continue reading
D&D Note (5.31.2018) ~ “National Security” Tariffs Imposed on Core US Allies, Markets Decline ~ Today the Trump Administration imposed Steel & Aluminum Tariffs sighting National Security on our core allies including the EU, Canada, and Mexico. Our NAFTA partners Canada and Mexico both announced retaliatory tariffs in a dollar for dollar manner. This led … Continue reading
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 … Continue reading