D&D Note (7.28.2022) ~ Earnings Have Been Better-Than-Feared Leading to Stocks Rallying ~ The GDP print for Q2 came out this morning showing a second consecutive quarter of negative growth falling 0.9%. Following the GDP print bond yields fell below 2.90%. Stocks started the day down but then looked past the GDP print and rallied … Continue reading
D&D Note (7.27.2022) ~ FED Raises Interest Rates by 75 Basis Points and Markets Take Off in Rally Mode ~ Stocks begun the day in rally mode following the strong gains in Alphabet and Microsoft in last nights after-hours trading. Both companies reported earnings after the bell yesterday and both actually missed earnings expectations, however … Continue reading
Markets start July and the second half of the year with a rally on Wall Street. This despite the US technically being in a recession during the first half of the year. The Atlanta FEDs GDPNow Tracker is showing a Q2 GDP contraction of -1%. After Q1 contracted by -1.6% that is now two consecutive … Continue reading
D&D Note (7.24.2020) ~ Rising Tensions Between China & U.S. Sends Markets Lower And Gold to $1900 ~ The continued rising tensions between China and the U.S. put downward pressure on the markets today after China retaliates and closes the U.S. consulate in Chengdu. Equity markets gapped down on the open and remained in the … Continue reading
D&D Note (8-14-2012) Stocks got an early boost from Europe with better-than-expected Q2 GDP numbers from France and Germany. Retail sales in the U.S. gained for the first time in four months which also boosted equities early on in the trading day. The rally however faded into the day leaving markets mixed. Data globally continues … Continue reading
D&D Note (7-18-2012) Corporate earnings continue to come in better-than-expected helping to keep the rally going in stocks. Keep in mind the bar is low for earnings so in reality it shouldn’t be hard for most companies to beat street expectations. Tech companies led the day with Intel (INTC), Hewlett-Packard (HPQ), Cisco (CSCO), EMC (EMC), … Continue reading
D&D Note (7-17-2012) New Oriental Education & Technology (EDU) stock got hit today after the SEC said they are looking into the validity of the company’s past financial statements. This news led to other Chinese tech stocks getting hit on the news as well. Shares of Baidu (BIDU) fell 2.21% to close at $104.98. SINA … Continue reading
D&D Note Recall those commercials “Dude! Your getting a Dell”? Well, times have certainly changed and Dell (DELL) reported disappointing earnings, sales, and outlook – which culminated into the stock getting hammered today down 16.82%. The Dell numbers brought down many other tech stocks on the day including; Microsoft (MSFT), Intel (INTL), Cisco (CSCO), and … Continue reading
D&D Note (4-17-2012) In the first minutes of trading today Apple (AAPL) fell to $571.91 and took off from there to close up 5.10% at $609.70. A clear indication that the shorts have been taken off and the stock can now continue to head higher into earnings, making yesterday a great day to buy the … Continue reading