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Megacap tech

This tag is associated with 3 posts

D&D Note (7.1.2022) ~ Markets Rally to Start July Despite Technical Recession ~ #stockmarket

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 (6.23.2022) ~ Stocks Stage Late Day Rally as Bond Yields Fall ~ #stockmarket

Stocks struggled for direction today being largely mixed as investors weigh the risk of when the US will go into recession and how deep that recession will be. The NASDAQ was able to stay in the green throughout the day as Bond Yields fell. The DOW and S&P 500 swung between gains and losses before … Continue reading

D&D Note (6.13.2022) ~ Markets Hit New Low of 3749 on S&P 500 as Investors Look Ahead to Wednesdays FED Meeting ~ #stockmarket

D&D Note (6.13.2022) ~ Markets Hit New Low of 3749 on S&P 500 as Investors Look Ahead to Wednesdays FED Meeting ~ We saw a broad based selloff today with all sectors finishing in the red. The S&P 500 put in a new low of 3749.63 putting us officially into a technical Bear Market (which … Continue reading