D&D Note (5.31.2022) ~ FED Chair Powell Meets with President Biden to Discuss Inflation ~ The markets gapped down to open today in the red after last Fridays rally. Throughout the session stocks attempted to stage a rally and got back in the green briefly before falling back down in the last hour of trading. … Continue reading
D&D Note (5.4.2020) ~ Stocks Start Day in Red but Stage Late Day Rally ~ Asian and European markets suffered steep losses overnight. US Futures took markets lower last night and during cash trading today the major indices did push off lows in the morning session. The NASDAQ elevated into the green and was followed … Continue reading
D&D Note (5.31.2018) ~ “National Security” Tariffs Imposed on Core US Allies, Markets Decline ~ Today the Trump Administration imposed Steel & Aluminum Tariffs sighting National Security on our core allies including the EU, Canada, and Mexico. Our NAFTA partners Canada and Mexico both announced retaliatory tariffs in a dollar for dollar manner. This led … Continue reading
D&D Note (3.23.2018) ~ China Strikes Back and $1.3 Trillion US Spending Bill Signed ~ China strikes back and responds with $3Billion in Tariffs against US agriculture industry targeting pork, wine and fruit. This is just the beginning of this trade war. In response to the steel and aluminum tariffs these new duties are up … Continue reading
Markets worldwide are under pressure due to the developing trade war. China strikes back with tariffs and we have further White House shakeups ahead of key talks with North Korea. USA Index Futures (11:00pm PST): DOW down -178 points (-0.74%) at 23,785 S&P 500 down -16.75 points (-0.63%) at 2,626.50 NASDAQ down 67.75 points (-1.01%) … Continue reading
D&D Note (3.9.2018) ~ Bull Market Turns 9 Years Old Today ~ The current Bull Market turned 9 years old today, and the markets finished up over 1.5% across the major indices on the day. The US added 313,000 jobs in February and unemployment rate is 4.1%. Wage growth increased at 2.6% less than last … Continue reading
D&D Note (3.7.2018) ~ Crypto Falls on SEC Regulation ~ Bitcoin sank below $10,000 today on news that the SEC is going to require crypto exchanges to register with the Securities and Exchange Commission. Crypto currencies and platforms across the spectrum all fell as well on the news. D&D sees this as actually a good … Continue reading
D&D Note (3.6.2018) ~ Choppy Trading Session & Concerns Cohn Will Resign ~ Markets started the day with good news coming out of North Korea on the idea the regime could end their nuclear ambitions. That news gave equities a nice bounce as the tape began. However, that quickly faded and the DOW saw a … Continue reading
D&D Note (3.1.2018) ~ Trade War ~ On what was supposed to be a day highlighted by the FED in front of the Senate, instead we got a bombshell from the POTUS. The administration is going to impose new tariffs on imported steel at 25% and imported aluminum at 10%. One could say we are … Continue reading
D&D Note (1.23.2018) ~ Trade War? Solar panels and washing machines tariffs have been announced by the Trump administration. While that might seem not very important when you break that down its actually the start of a trade war with Asia and specifically China. The consequences could heat up if China decides to respond with … Continue reading