D&D Note (7.27.2022) ~ FED Raises Interest Rates by 75 Basis Points and Markets Take Off in Rally Mode ~ Stocks begun the day in rally mode following the strong gains in Alphabet and Microsoft in last nights after-hours trading. Both companies reported earnings after the bell yesterday and both actually missed earnings expectations, however … Continue reading
D&D Note (10.20.2020) ~ Stimulus Stimulus Stimulus, Netflix And SNAP Earnings ~ The main focus today in markets was the Stimulus deadline of tonight. Stocks rose in intraday trading on comments from Pelosi that she is ‘optimistic’. There was a late day reversal as the market got less optimistic on a stimulus deal, but indices … Continue reading
D&D Note (9.1.2020) ~ Markets Rally On First Day Of The Month With Zoom up 40% ~ The Futures market fell overnight causing markets to gap down upon the open but then all major indices rallied throughout the day. The S&P 500 and NASDAQ hit new all time highs led by the stay at home … Continue reading
D&D Note (4.24.2020) ~ Tech and Oil Push Markets to Rally Into Close ~ Markets begun the day a bit tepid and briefly fell into the red before staging a solid rally in the afternoon session. The Tech sector and Mega Cap Tech stocks helped lead the rally along with the continued rebound in Oil. … Continue reading
D&D Note (4.23.2018) ~ 10YR Yield Hits 2.975% Markets Pause ~ Monday saw Treasury Yields spike again with the 10YR yield hitting 2.975%. We are undoubtedly moving into a new trading range were 3% will be come the new floor. The new “shock” level to spark equity declines could be around 3.3% to 3.4% with … Continue reading
D&D Note (4.17.2018) ~ Markets Rally on Earnings ~ Today we saw a broad based rally on the back of positive earnings reports. While a lot of the impact of this earnings season is already baked into asset prices the market is showing there is still upshot potential in companies stock prices. Tax Day in … Continue reading
D&D Note (4.13.2018) ~ Geopolitical Risks Outweigh Earnings Beat ~ The overhang of continued geopolitical risk outweighed the earnings beat by the banks that reported today. Investors simply did not want to go into the weekend long with the threat of a tweet derailing the macro environment. Three of the major banks reported today … Continue reading
D&D Note (7-13-2012) JPMorgan Chase (JPM) reported earnings today, and despite their $5.8 Billion trading loss, the bank released better-than-expected earnings for the second quarter. Shares rose almost 6% on the day. The JPMorgan earnings helped boost all most all stocks on the day including the other major U.S. banks. The slowdown in China shouldn’t … Continue reading