D&D Note (6.29.2022) ~ Stocks Struggle for Direction Swinging From Gains to Losses Throughout the Day ~ Stocks struggled for direction today with the S&P 500 hovering around the flatline drifting slightly up and down every hour throughout the day. This as the S&P 500 is near key support. The overall market is set to … 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 (8.3.2020) ~ Tech Leads Risk On Rally With S&P 500 Rising Above 3300 Intraday ~ Tech stocks rallied today led by Apple & Microsoft both at record highs while tech laggards on the day were Amazon & Google. Top sectors on the day included Tech, Health, and Energy. The worse performing sectors being … Continue reading
D&D Note (7.31.2020) ~ No Stimulus Deal But Tech Lifts Markets ~ There is still no stimulus deal out of Congress which dragged down the DOW and S&P 500 to open while strong tech earnings boosted the NASDAQ. When news broke that Congress will be meeting tomorrow to further work on the deal it lifted … Continue reading
D&D Note (7.1.2020) ~ New Quarter Begins With Another Vaccine Related Hope Rally ~ The 3rd quarter began today seeing markets rally on Hope with vaccine news over shadowing surging Covid-19 concerns. Pfizer announced positive vaccine results on early stage human trials. PFE rose 3.18% on the day. This while the US has second-highest day … Continue reading
D&D Note (6.2.2020) ~ Markets Continue To Rally On Reopening Economy The NASDAQ Trades Volatile ~ Investors continue to focus on the reopening of the state economies driving prices higher. The DOW and the S&P 500 held strong rallies throughout the day while the NASDAQ traded volatile starting in red going green before falling deeper … Continue reading
D&D Note (5.12.2020) ~ New Normal Getting Priced Into Market ~ The idea that America can just flip a switch and go back to normal is not realistic. Yet that is what the stock market has been pricing in during this Bear Market rally. Now that is starting to shift and the New Normal is … Continue reading
D&D Note (4.28.2020) ~ Big Tech Drags Down Markets ~ Markets opened with a rally (the S&P 500 gapping up to 2920) but that quickly fizzled to trading flat throughout the day as the Mega Cap and Big Tech stocks dragged down the indices. This ahead of these companies reporting earnings this week. Also adding … 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
D&D Note (3.14.2018) ~ Kudlow Accepts NEC Director Job ~ Larry Kudlow was named the new NEC Director today which was largely seen by the markets as a positive thing by having another free trade voice in the White House. D&D also sees this a major positive for the US economy and stock market. Larry … Continue reading