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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 (7.28.2022) ~ Earnings Have Been Better-Than-Feared Leading to Stocks Rallying ~ The GDP print for Q2 came out this morning showing a second consecutive quarter of negative growth falling 0.9%. Following the GDP print bond yields fell below 2.90%. Stocks started the day down but then looked past the GDP print and rallied … Continue reading
D&D Note (11.2.2020) ~ Stocks Rally Ahead Of Election Although Tech Still Under Pressure As Money Rotates Into Cyclicals ~ The market is pricing in a Joe Biden win ahead of tomorrow’s Presidential Election. A drawn-out contested election is not fully priced into the market and is a potential re-pricing event. A full Blue Wave … Continue reading
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