Sold: RIVN INCO CAT CRM AAPL MSFT AMD TSM
BOUGHT: CAT (added to position / Trading Account) JNJ (added to position / Holding Account)) VZ (added to position / Holding Account)
With market weakness today ahead of the election D&D took advantage of some price discovery with a focus on cyclicals and India. BOUGHT: CAT (began position and will add on further weakness in coming trading days, on perceived infrastructure spending) SPCE (began position ahead of election and will add more on further weakness post election, … 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 (4.24.2018) ~ 3% Yield Sends DOW Down 423 Points ~ The 10YR Yield hit 3% intraday which sent a market rally into a 423 point selloff in the DOW. The yield settled at 2.998% and the markets did close off the lows of the session. CAT also sent markets into a fuss wth … Continue reading
D&D Note (3.5.2018) ~ Ryan Eases Trade War Fears, DOW Rallies 336 Points ~ Today House Speaker Paul Ryan weighed in on the new proposed tariff’s saying he was “extremely worried” about the trade plan. This counterweight relieved fears of an accelerating trade war and the DOW ripped 336 points on the session. Specifically stocks … Continue reading
D&D Note (4-25-2012) FED holds rate the same at .0 -.25%. Comments by Helicopter Ben in his news conference helped boost stocks near the end of the trading session, reiterating that the FED still has tools left to use in supporting the economy. The FED also boosted their economic growth projection between 2.4% and 2.9% … Continue reading