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D&D Note (5.31.2022) ~ FED Chair Powell Meets with President Biden to Discuss Inflation ~ The markets gapped down to open today in the red after last Fridays rally. Throughout the session stocks attempted to stage a rally and got back in the green briefly before falling back down in the last hour of trading. … Continue reading
D&D Note (10.27.2020) ~ Rising Average Daily Virus Cases & Hospitalizations Continues To Weigh Down Markets ~ The reality is Covid-19 has not gone away and in fact is right now at the worse point in the Pandemic in both Europe and the USA. In the U.S. we are seeing an alarming rate of new … Continue reading
D&D Note (6.30.2020) ~ Markets Rally With Risk On DOW Ends Best Quarter Since 1987 ~ The major indices all rallied today in a classic risk on feel with the DOW closing out the best quarter since 1987. The S&P 500 saw its best quarter since 1998 while the NASDAQ had its best quarter since … Continue reading
D&D Note (5.31.2018) ~ “National Security” Tariffs Imposed on Core US Allies, Markets Decline ~ Today the Trump Administration imposed Steel & Aluminum Tariffs sighting National Security on our core allies including the EU, Canada, and Mexico. Our NAFTA partners Canada and Mexico both announced retaliatory tariffs in a dollar for dollar manner. This led … Continue reading
D&D Note (3.19.2018) ~ Social Media Regulation Concerns Sends Facebook Into Selloff ~ Today Facebook fell the most since 2012 over concerns of data breach. At the close its hovering right at the 200 day moving average. If the stock falls further into RSI oversold territory in the coming sessions D&D will look to add … Continue reading
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