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Citigroup

This tag is associated with 10 posts

D&D Note (9.15.2020) ~ Rally Fades As Stocks Pair Gains Into The Close ~ #StockMarket

D&D Note (9.15.2020) ~ Rally Fades As Stocks Pair Gains Into The Close ~ Tech led the rally in the stock market again today. However, as the day went on stocks began pairing their gains into the close. Financial Sector was the laggard on the day down -1.36% with JPM down -2.99% and Citigroup down … Continue reading

D&D Note (8.24.2020) ~ Markets Rally To New All Time Highs With Reopen Trade + Stay At Home Trade Both Gaining ~ #StockMarket

D&D Note (8.24.2020) ~ Markets Rally To New All Time Highs With Reopen Trade + Stay At Home Trade Both Gaining ~ Markets gapped up to open on the Covid-19 convalescent plasma treatment fueling hope to push to new all time highs. However, scientists are doubting it as an effective treatment for patients with Coronavirus. … Continue reading

D&D Note (7.10.2020) ~ Golden Cross On S&P 500 Helps Amplify Investors Risk Tolerance ~ #StockMarket #GoldenCross

D&D Note (7.10.2020) ~ Golden Cross On S&P 500 Helps Amplify Investors Risk Tolerance ~ Yesterday the S&P 500 saw a Golden Cross technical chart formation which happens when the 50 day moving average crosses above the 200 day moving average. In the last 70 years this technical reading has signaled the end of Bear … Continue reading

D&D Note (6.18.2020) ~ Markets Struggle For Direction End Day Flat ~ #StockMarket

D&D Note (6.18.2020) ~ Markets Struggle For Direction End Day Flat ~ Economic data is trending better but will it continue or deteriorate? Unemployment remains high but will congress extend unemployment benefits? Covid-19 cases are increasing in many states but will we see lockdowns again? There are so many questions right now that could go … Continue reading

D&D Note (5.23.2018) ~ Dovish FED Minutes Boost Stocks ~ #StockMarket #FED

D&D Note (5.23.2018) ~ Dovish FED Minutes Boost Stocks ~ #StockMarket #FED Rarely does the release of the FED minutes move markets, this was not the case today. Stocks got a boost to rally into the close following the FED minutes from the last FOMC meeting. The catalyst for the move was the statement of … Continue reading

D&D Note (5.22.2018) ~ Trade War On/Off Sends Markets Up/Down ~ #StockMarket

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

D&D Note (7-16-2012) ~ June Retail Sales Disappoint Leading Markets Lower

D&D Note (7-16-2012) Stocks finished lower on the day after the June retail sales data came in weaker-than-expected. Consumers have yet to be willing to open up their wallets in the face of the global economic uncertainty. Sales were expected to be 0.2% increase and instead came in falling 0.5% from the previous month. With … Continue reading

D&D Note (6-26-2012) ~ A Tepid Market Edges Higher

D&D Note (6-26-2012) Traders remain tepid with the Supreme Court to hand down a ruling Thursday on the Health Care reform, otherwise known as Obamacare, along with the upcoming EU Summit later this week. All together there is still a great deal of uncertainty in the markets. The major banks reversed after leading yesterdays sell-off. … Continue reading

D&D Note (6-25-2012) ~ Markets Swing Back to The Red On Pre-EU Summit Doubts

D&D Note (6-25-2012) Investors decided to lower their expectations that something of value will actually come out of this weeks EU Summit, sending all the indexes down on the day. Markets are looking for what is normally dubbed a “game-changer” but are now thinking that Germany simply won’t budge on their position and rather once … Continue reading

D&D Note (4-4-2012) ~ Day Two of the FED Inspired Sell-off

D&D Note (4-4-2012) Today we saw a further sell-off in the markets in reaction to the FED minutes released yesterday stating that there would not be any likely near term QE. Usually the large mutual funds take a day to digest the news, and today we saw the larger institutional selling. Oil and Gold saw … Continue reading