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D&D Note (6.10.2022) ~ Markets Tank on Hot Inflation the Highest Since 1981 ~ The Consumer Price Index CPI report showed inflation rose 8.6% in May, the highest reading since 1981. Here are the May Year-over-year changes: Fuel Oil up 106.7% Airline Fares up 37.8% Used Cars & Trucks up 16.1% Food at Home up … Continue reading
D&D Note (4.15.2020) ~ Rally Stalls Falling Back Under 2800 ~ Economic data came in and to no surprise the FED saw a sharp contraction in last two weeks with Retail being hit very hard. So while March was bad economically, April is going to be even worse. Markets fell giving back gains from yesterday … Continue reading
D&D Note (4.7.2020) ~ Rallies Built On Hope Tend To Fade ~ The S&P 500 started the day with a 3.5% gain on the back of yesterdays Hope fueled rally. Problem with having a rally not based on Fundamentals or Technicals is that they tend to always fade. Throughout the day the market drifted lower … Continue reading
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