D&D Note (6.4.2018) ~ NASDAQ Hits All Time High ~ Markets gained today in a follow through from Friday’s better than expected jobs report. The North Korea Summit being called back on helped reduce geopolitical headwinds. The NASDAQ hit an all time high today of 7606.46 with the assistance of Apple and Amazon both hitting … Continue reading
D&D Note (5.24.2018) ~ Cancelation of North Korea Summit Rattles Markets ~ Today in perhaps a page from “The Art of the Deal” the President pulled out of the upcoming North Korea summit. He left the door open to reschedule the summit. Markets hit the low of the day on the news but did recover … 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 (4.20.2018) ~ Apple + Yields + Friday = Selloff ~ Once again for 4th time markets have not been able to avoid a Friday selloff with investors unwilling to go long into the weekend. The main themes of the day were Apple falling with iPhone concerns dragging down the DOW, and yields from … Continue reading
D&D Note (4.19.2018) ~ Taiwan Semi Report Sends Chips Crashing ~ The Taiwan Semiconductor report sent chip stocks crashing today after TSM guided down sighting weak high end smartphone demand. Investors all saw that as pointing to week iPhone X sales. That sent Apple and the supply chain all down as well today. TSM fell … Continue reading