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D&D Note (7.8.2022) ~ Stocks Whipsaw Throughout Session with NASDAQ Notching 5-Day Win Streak ~ Markets struggled for direction today whipsawing between gains and losses. Declining Volume on the NYSE was 1,733,751,882 outpacing Advancing Volume of 1,337,514,584. The DOW and S&P 500 finished slightly down with the NASDAQ closing in the green slightly, overall markets … Continue reading
Bought: DVN
D&D Note (6.22.2022) ~ Stock Rally Fades to End Slightly Down ~ Markets gapped down to open then attempted to rally into the day to only fade at the close to end the session slightly in the red. FED Chair J. Powell testified in front of the Senate today and reiterated that the FED is … Continue reading
Bought: DVN
D&D Note (6.21.2022) ~ Markets Rally Off Oversold Conditions & Bitcoin Stabilization ~ With markets closed yesterday in the US for Juneteenth it was Bitcoin that stole the show and directed market futures on wild swings with nearly a correlation of 1 (meaning all assets moved together). Bitcoin dropped as low as $17,663 on Saturday … Continue reading
Bought: DVN
D&D Note (6.16.2022) ~ Markets Fall to New Lows as Investors Worry the FED will Induce a Recession ~ It was a sea of red today in the markets with selling starting in the Futures market causing the Indices to gap down at the open. The S&P 500 finished off the lows of the day … Continue reading
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