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S&P 500

This tag is associated with 169 posts

D&D Note (7.13.2020) ~ S&P 500 Briefly Goes Positive On Year Then Dramatically Reverses Down on South China Sea And California Re-Shutdown ~ #StockMarket #SouthChinaSea #CaliLockdown

D&D Note (7.13.2020) ~ S&P 500 Briefly Goes Positive On Year Then Dramatically Reverses Down on South China Sea And California Re-Shutdown ~ Stocks gapped up to start the day and rallied into the session but then news hit the wires. The S&P 500 had briefly gone positive for the year at intraday high of … Continue reading

D&D Note (7.10.2020) ~ Golden Cross On S&P 500 Helps Amplify Investors Risk Tolerance ~ #StockMarket #GoldenCross

D&D Note (7.10.2020) ~ Golden Cross On S&P 500 Helps Amplify Investors Risk Tolerance ~ Yesterday the S&P 500 saw a Golden Cross technical chart formation which happens when the 50 day moving average crosses above the 200 day moving average. In the last 70 years this technical reading has signaled the end of Bear … Continue reading

D&D Note (7.9.2020) ~ Trump Tax Returns + Record Deaths & Hospitalizations Sends Markets Lower ~ #StockMarket

D&D Note (7.9.2020) ~ Trump Tax Returns + Record Deaths & Hospitalizations Sends Markets Lower ~ Today the Supreme Court grants the NYC Prosecutor access via Grand Jury to the Trump Tax returns but pushes the House subpoena request back down to lower courts. As soon as that news broke the markets all took a … Continue reading

D&D Note (7.8.2020) ~ Mega Cap Tech Rally Lifts Markets While US Reports Record Single Day Coronavirus Spike ~ #StockMarket #MegaCapTech #Coronavirus

D&D Note (7.8.2020) ~ Mega Cap Tech Rally Lifts Markets While US Reports Record Single Day Coronavirus Spike ~ The China rally continued overnight and U.S. markets opened higher but drifted into the red. Then we had a rally in the final hours of trading to close near the highs made in the morning session. … Continue reading

D&D Note (7.7.2020) ~ Investors Take Profits After 5 Day Rally Sending Stocks Lower ~ #StockMarket

D&D Note (7.7.2020) ~ Investors Take Profits After 5 Day Rally Sending Stocks Lower ~ The U.S. markets had enjoyed a 5 day rally but that streak came to an end today as investors decided to take profits. The selling intensified as we headed into the close of trading and indices closed on the lows … Continue reading

D&D Note (7.6.2020) ~ Global Rally Carries Over Into US Trading Pushing Up Markets & Tech Stocks ~ #StockMarket #MSCI

D&D Note (7.6.2020) ~ Global Rally Carries Over Into US Trading Pushing Up Markets & Tech Stocks ~ The MSCI gained 2.59% led by major buying in the Chinese markets, some would even say panic buying on China based ETFs with the biggest gain since 2009. The global market rally carried over into the US … Continue reading

D&D Note (7.2.2020) ~ Surprise Unemployment Drop Boosts Stocks Before Long Holiday Weekend ~ #StockMarket #Unemployment

D&D Note (7.2.2020) ~ Surprise Unemployment Drop Boosts Stocks Before Long Holiday Weekend ~ Markets gapped up on the open on the surprise unemployment drop to 11.1%. But this is a lagging number and does not factor in the recent re-closing of states so current number is likely higher. Many economists foresee double digit unemployment … Continue reading

D&D Note (7.1.2020) ~ New Quarter Begins With Another Vaccine Related Hope Rally ~ #StockMarket #HopeRally #Vaccine

D&D Note (7.1.2020) ~ New Quarter Begins With Another Vaccine Related Hope Rally ~ The 3rd quarter began today seeing markets rally on Hope with vaccine news over shadowing surging Covid-19 concerns. Pfizer announced positive vaccine results on early stage human trials. PFE rose 3.18% on the day. This while the US has second-highest day … Continue reading

D&D Note (6.30.2020) ~ Markets Rally With Risk On DOW Ends Best Quarter Since 1987 ~ #StockMarket

D&D Note (6.30.2020) ~ Markets Rally With Risk On DOW Ends Best Quarter Since 1987 ~ The major indices all rallied today in a classic risk on feel with the DOW closing out the best quarter since 1987. The S&P 500 saw its best quarter since 1998 while the NASDAQ had its best quarter since … Continue reading

D&D Note (6.29.2020) ~ Stocks & Oil Gain On Better Than Expected Economic Data ~ #StockMarket

D&D Note (6.29.2020) ~ Stocks & Oil Gain On Better Than Expected Economic Data ~ Surprise positive economic data helped boost markets and oil today despite the weakening Coronavirus data. Pending Home Sales posted a record gain exceeding all forecasts. Although much of the improvement in economic data came from states beginning to reopen from … Continue reading