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D&D Note (7.14.2022) ~ Bank Earnings Disappoint but Markets Claw Back From the Lows ~ Banks reported earnings this morning and while not horrible they did disappoint investors and the markets were considerably down to start the day. Then FED Governor Waller calmed traders a bit by saying the market is “getting ahead of itself” … Continue reading
D&D Note (5.26.2022) ~ Markets Rally On Strong Retail Earnings ~ Investors sighed a bit of relief after a spout of recent Retail Earnings beating on earnings. Many were worried about the American consumer after the disappointing Target and Walmart earnings. Last night Williams Sonoma reported and smashed same store sales boosting the stock 15% … Continue reading
D&D Note (10.16.2020) ~ Retail Sales Spark Market Rally To End The Week ~ Markets got a shot in the arm today with surprise Retail sales gaining 1.9% in September topping estimates of 0.7%. Excluding autos, the increase was 1.5% topping 0.4% estimates. The biggest gainers were clothing and accessories while electronics was the lone … Continue reading
D&D Note (9.22.2020) ~ Dollar Continues To Rise And Tech Lifts Markets Into The Green ~ The Dollar continued to rally today after being in a downward trend since the pandemic started. This has put pressure on commodities such as Gold which is priced in dollars. The equity market has been sensitive to dollar shifts … Continue reading
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