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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 (8.8.2022) ~ S&P 500 Fails Again to Break Out of Trading Range ~ Stocks started the day attempting to rally and break out from the current trading range. An hour and a half into trading the rally failed and traded lower through the session. It continues to look more likely the S&P 500 … Continue reading
Stocks started the day in the green and then lost steam to hit the lows of the day during the lunch hour and then modestly clawed back to finish off the lows but still in the red. The FED and the war in Ukraine are setting us up for an “Economic Hurricane” said JP Morgan … Continue reading
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