D&D Note (8.10.2022) ~ Cooler-than-Expected CPI Report Lifts Stocks with S&P 500 Closing Above 4200 ~ Stocks gapped up and rallied to start the session after a cooler-than-expected CPI print on inflation came in at 8.5%. Throughout the morning the S&P 500 flirted with trading above 4200, by the afternoon it slipped to below 4200 … Continue reading
D&D Note (4.13.2018) ~ Geopolitical Risks Outweigh Earnings Beat ~ The overhang of continued geopolitical risk outweighed the earnings beat by the banks that reported today. Investors simply did not want to go into the weekend long with the threat of a tweet derailing the macro environment. Three of the major banks reported today … Continue reading