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D&D Note (4.29.2020) ~ Remdesivir Lifts Markets… Again ~ The market today trades on a glimmer of good hope. Case in point we have already seen a lift from the Gilead (GILD) drug Remdesivir before on positive news. Then fell due to negative news on the drug. Today we once again got a lift from … Continue reading
D&D Note (4.27.2020) ~ Stocks Stage Hope Rally As Oil Plunges ~ Markets finish cash trading today strongly in the green as bonds dropped on the day. Today was a classic Risk On day, however still built on Hope and not any technical or fundamental basis. As we get closer to turning on select portions … Continue reading
D&D Note (4.6.2020) ~ Hope Fuels Rally ~ Markets rallied in Futures last night on the back of a JP Morgan note saying that it is likely we’ve put in a bottom in March and while can still retest lows we are now likely to not test lower lows. Markets gapped up on the open … Continue reading
D&D Note (6-5-2012) Sure we had a better-than-expected ISM number may seeing the indicator rise to 53.7 where forecasts were for the index to fall to 53.1 from the April reading of 53.5. The ISM is a reading on how the manufacturing sector is doing, and any reading above 50 means the service sector is … Continue reading
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