D&D Note (8-9-2012) Today marks the 5 year anniversary of the start of the global financial crisis that led to the collapse of Lehman Brothers. Today also marks the S&P 500’s longest rally since March of this year. The recent 5 day rally has lifted the index up nearly 10% since hitting a five-month low … Continue reading
D&D Note (7-6-2012) Proving that the ADP jobs report is often way off, today the government announced only 80,000 jobs were created in June (ADP number was 176,000). The unemployment rate did hold steady though at 8.2%. Economists had been looking for 95,000 jobs created in June. The one upside to the report is that … Continue reading
D&D Note (7-5-2012) The big money is all on vacation creating no volume, leaving just day traders and algorithms moving the market. And everyone is waiting for the jobs number to be released tomorrow morning. If the jobs report comes in sub 100k it’ll be bad, if it can come in at 106k then it’ll … Continue reading
D&D Note (7-3-2012) Although a short trading session today markets continued the rally in the Fourth of July holiday (which there will be no trading on the 4th). Volume was light as expected allowing the indices to gravitate up. Buoyed by strong auto sales and the ISM June Purchasing Manufacturers Index fell below 50, which … Continue reading
D&D Note (6-28-2012) CBOE Volatility Index (VIX) currently is at 19.71. Traditionally a VIX reading of 30 or over signals panic. Investors like to buy when there’s panic in the market because thats normally when you have capitulation, or in other words the bottom of a market. What the VIX measures is the implied volatility … Continue reading
D&D Note (6-20-2012) The FED decided today to extend Operation Twist (a policy in sell short term treasuries and buy long term notes) through the end of the year. The markets sharply sold off after hearing no outright QE3 (Quantitative Easing – commonly know as printing money) then rallied hard up to when Chairman Ben … Continue reading
D&D Note (6-15-2012) Investors bid up equities today before the Greeks head to the polls to elect a new government. Yesterday we had the markets gain on hope of Central Bank stimulus. The question now is have the markets once again got ahead of themselves. Even if the Greeks vote for a pro-bailout government, there … Continue reading
Comprehensive Long-Term American Deficit Solution Author: Del Lienemann, Jr. C.P.A., Partner in D&D Investments The Comprehensive Long-Term American Deficit Solution consists of 4 main components. They are a Long-Term Deficit Reduction Plan Component, an Annual Budget Deficit Reduction Plan Component, a Tax Reform Plan Component and a Social Security and Medicare Plan Component. In order to be … Continue reading
D&D Note (6-13-2012) Markets were in the green today but gave back all the gains and turned lower by the end of the trading session. The Eurozone remains in focus and all eyes are on this Sunday when the Greek’s take to the polls. Markets also began to sell-off during CEO Jamie Dimon of JPMorgan … Continue reading
D&D Note (6-12-2012) Today’s market action was a relief rally after yesterdays extreme sell-off. Expect to see further volatility like we’ve seen the last few trading days until a real solution to the Euro Crisis is implemented. Until Greece votes this Sunday markets will remain in extreme uncertainty trading off every new headline that comes … Continue reading