D&D Note (8.8.2022) ~ S&P 500 Fails Again to Break Out of Trading Range ~ Stocks started the day attempting to rally and break out from the current trading range. An hour and a half into trading the rally failed and traded lower through the session. It continues to look more likely the S&P 500 … Continue reading
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 (6.3.2022) ~ Bear Market Bounce Fades as Markets Give Back Yesterdays Gains ~ It would appear that the recent Bear Market Bounce has ended today with markets giving back the gains from yesterdays rally and the gains for the week. The Jobs Report today came in above estimates at 390,000 added compared to … Continue reading
D&D Note (5.23.2018) ~ Dovish FED Minutes Boost Stocks ~ #StockMarket #FED Rarely does the release of the FED minutes move markets, this was not the case today. Stocks got a boost to rally into the close following the FED minutes from the last FOMC meeting. The catalyst for the move was the statement of … Continue reading
D&D Note (3.20.2018) ~ Markets Rally Ahead of FED Meeting ~ Will it be three will it be four? That is the major question right now and has been the theme of this year. How many FED rate hikes will we get. A large part of the recent correction was the repricing of the market … Continue reading
D&D Note (2.21.2018) ~ FED Minutes Rally Fades Into Close ~ The stock market was on a rally today and pushed higher immediately following the release of the FED Minutes. However about 20 minutes later investors began reading between the lines of the dovish statement and found reason to be hawkish and the market sold … Continue reading