Sold: Bought:
D&D Note (6.21.2022) ~ Markets Rally Off Oversold Conditions & Bitcoin Stabilization ~ With markets closed yesterday in the US for Juneteenth it was Bitcoin that stole the show and directed market futures on wild swings with nearly a correlation of 1 (meaning all assets moved together). Bitcoin dropped as low as $17,663 on Saturday … Continue reading
BOUGHT: TSLA NVDA SPOT ARKK
BOUGHT: SHOP SPCE TTD ARKK SPOT ABNB TSLA NVDA COIN
D&D Note (9.10.2020) ~ Yesterdays Dead Cat Bounce Turns Back Into Selloff Today As Stimulus Bill Fails ~ Usually a selloff lasts 3 days (hence the 3 day rule) then you get a dead cat bounce (which we got yesterday) followed by a resumed selloff (which we got today). That is exactly why D&D took … 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 (5.3.2018) ~ Midday 400 Point Reversal and Elon Musk’s Weird Earnings Call ~ Today markets saw a huge midday reversal where the DOW was lower by almost 400 points breaking the 200 day moving average before then reversing and going slightly positive to close up by 5 points. Elon Musk’s Tesla earnings call … Continue reading
D&D Note (4.5.2018) ~ Rally Continues Ahead of Jobs Number ~ Markets continued the rally today ahead of Fridays all important jobs data. The 10YR yield rose above 2.8% to close at 2.834%. The VIX remains below 20 to close at 18.94. The Materials and Energy sector led the rally today. Healthcare was the laggard finishing … Continue reading
D&D Note (3.12.2018) ~ Markets Pause & Kudlow Maybe to White House ~ Markets took a breather today after starting the day up following Friday’s rip from the job report. Boeing was the largest drag on the DOW with the stock both seeing profit taking after a massive run and pressure from tariff’s fallout. Larry … Continue reading