BOUGHT: SHOP SPCE TTD ARKK SPOT ABNB TSLA NVDA COIN
D&D Note (10.5.2020) ~ Markets Rally On Repricing Perceived Less Uncertainty On Presidents Health And Biden Win Decreasing Possibility Of Contested Election ~ The President’s health has improved according to doctors and will discharge him from the hospital tonight at 6:30pm EST to return to the White House. White House Physician Dr. Sean Conley refused … Continue reading
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
SOLD: CRM (trimmed profits) MSFT (trimmed profits) SHOP (trimmed profits)
D&D Note (7.23.2020) ~ Markets Drop Led By Tech As Jobless Claims Rise ~ Markets snapped a 4-day win streak today with all major indices falling on the day and VIX rising back above 26. Jobless claims rise showing we are not out of the woods yet due to the ongoing pandemic. This was the … Continue reading
D&D Note (6.22.2020) ~ Markets Rise But Gains Capped By Increasing Covid-19 Cases And Hospitalization Rates ~ Yesterday Futures opened with negative sentiment down nearly 1% then rose over night. Mega Cap Tech stocks helped push the overall markets up in cash trading today. However, gains got capped on increasing Covid-19 cases and hospitalization rates. … Continue reading
SOLD: (Trimmed profits in the following) PYPL (up 145%) SHOP (up 190%) AAPL (up 85%)
D&D Note (6.18.2020) ~ Markets Struggle For Direction End Day Flat ~ Economic data is trending better but will it continue or deteriorate? Unemployment remains high but will congress extend unemployment benefits? Covid-19 cases are increasing in many states but will we see lockdowns again? There are so many questions right now that could go … Continue reading
D&D Note (6.15.2020) ~ Markets Gap Down On Open Then Rally Into Close With Help From The FED ~ Overnight futures brought markets to gap down upon open today with the S&P 500 beginning the day at 2965. We saw a steady rally from the lows throughout the day to get back into the green … Continue reading
D&D Note (6.10.2020) ~ FED Speaks “Whatever it takes as long as it takes” ~ Today was all about the FED announcement. No big surprise came and markets took a leg up following the statement release. FED Chair J. Powell began is press conference by saying they will do “whatever it takes as long as … Continue reading