//
archives

Correction

This tag is associated with 31 posts

D&D Note (8-21-2012) ~ Markets Hit Resistance And Turn Lower

D&D Note (8-21-2012) After the S&P 500 hit a high of 1426 traders took the opportunity to lock in gains and thus we saw markets reverse. The previous high was 1423 which was reached on May 15th 2008. Don’t be surprised to see further downside risk before we eventually head back up. A 5% correction … Continue reading

D&D Note (8-14-2012) ~ Cloud Stocks Get Hit Today

D&D Note (8-14-2012) Stocks got an early boost from Europe with better-than-expected Q2 GDP numbers from France and Germany. Retail sales in the U.S. gained for the first time in four months which also boosted equities early on in the trading day. The rally however faded into the day leaving markets mixed. Data globally continues … Continue reading

D&D Note (8-13-2012) ~ S&P 500 Snaps 6 Day Rally

D&D Note (8-13-2012) After the longest rally since December 2011 the S&P 500 finally snapped the 6 day winning streak. Most likely we’ll continue to see the market heading up until we hit 1425 on the S&P 500 where there is resistance, and then head lower with perhaps a 1385 low before then rallying 5-10% … Continue reading

D&D Note (8-9-2012) ~ 5 Year Anniversary Of Global Financial Crisis

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 (6-13-2012) ~ Stocks Sell-off Near End of Trading On Euro Worries

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 (6-1-2012) Correction Deepens On Horrid Jobs Number

D&D Note (6-1-2012) Only 69,000 jobs where created in May falling far short of the expected 150,000. Unemployment rose to 8.2%, the first time its gone up since last June. Revisions to the March and April reports saw 49,000 fewer jobs had been created. The US should though avoid slipping back into recession. However we … Continue reading

D&D Note (5-8-2012) ~ Greece Political Issues Weigh On Global Markets

D&D Note (5-8-2012) The aftermath of the Greek elections are weighing heavily on global markets today. With no party having a majority the outlook for the country and Euro member is very uncertain. This all leads to investors now fearing that Greece could drop out of the eurozone. If Greece left the Euro and went … Continue reading

D&D Note (5-7-2012) ~ Markets Claw Back After Euro Elections

D&D Note (5-7-2012) France now has a new President in Socialist Francois Hollande after he defeated incumbent Nicolas Sarkozy. In Greece elections left no party with a majority putting into question the austerity measures put in place for the country. There were seven new Greek parties voted into parliament including communists and neo-nazis (a bit … Continue reading

D&D Note (5-1-2012) ~ ISM Report Fuels DOW to Four Year High

D&D Note (5-1-2012) The DOW hit a four year high today closing at 13,279.32 up .50% on the day. The rally was fueled by a rise in American manufacturing. The ISM (Institute of Supply Management) monthly index rose to 54.8 in April up from 53.4 in March (a reading above 50 means growth in the … Continue reading

D&D Note (4-30-2012) ~ Spain In Recession, Again

D&D Note (4-30-2012) Spain GDP showed another quarter of declines making this now the second time the country has gone into recession since 2008. 16 Spanish banks got downgraded following Spain’s downgrade last week. Markets strongly reacted to the Spanish news along with some other poor US economic reports. US consumer spending slowed down more … Continue reading