D&D Note (7.5.2022) ~ The 2-10 Year Spread Inverts Again and Oil Falls Below $100 ~ Stocks gapped down big to open the day after the holiday weekend but rallied back during the day led by tech stocks. The NASDAQ turned positive midday and ended firmly in the green while the DOW finished well off … Continue reading
D&D Note (6.14.2022) ~ Markets Now Expecting 75 Basis Point Rate Hike Tomorrow ~ Overnight futures rose 1% but gave back the dead cat bounce in todays session after a choppy up and down day with both the DOW and S&P 500 falling further into the red. The 10 Year Note hits highest yield in … Continue reading
D&D Note (6.2.2022) ~ Markets Rally Despite Microsoft & FED Fears ~ Markets began the day down on news from Microsoft cutting Q4 guidance on unfavorable FOREX rates. The company cut its Q4 sales about 1% to $51.94B to $52.74B. Earnings range also cut by 4c or about 1.7%. And expects additional $460 impact from … Continue reading
D&D Note (12.14.2020) ~ Renewed Lockdowns Across Globe And New Virus Variant Identified In UK Stall The Reopen Trade Even As Vaccine Rollout Begins ~ Both the DOW and S&P 500 saw a flagging top chart pattern today with an early rally from the start on vaccine rollout that stalled out throughout the day as … 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
D&D Note (10.26.2020) ~ Coronavirus Fears & SAP Warning Sends Markets Into A Selloff With the S&P 500 Breaking 200 Day Moving Average ~ Pandemic fears crept back into the markets today following a dire warning from SAP and rising Covid-19 virus cases in Europe and the USA. SAP reported earnings and cut its revenue … Continue reading
D&D Note (9.1.2020) ~ Markets Rally On First Day Of The Month With Zoom up 40% ~ The Futures market fell overnight causing markets to gap down upon the open but then all major indices rallied throughout the day. The S&P 500 and NASDAQ hit new all time highs led by the stay at home … Continue reading
D&D Note (8.24.2020) ~ Markets Rally To New All Time Highs With Reopen Trade + Stay At Home Trade Both Gaining ~ Markets gapped up to open on the Covid-19 convalescent plasma treatment fueling hope to push to new all time highs. However, scientists are doubting it as an effective treatment for patients with Coronavirus. … Continue reading
D&D Note (7.27.2020) ~ Stocks Rise And Gold Hits Intraday All Time High ~ Stocks rose today being led by tech stocks. Apple gained 2.68% and Taiwan Semiconductor continued its climb up 14.48% today. With the move today in TSM our position has now moved ahead of Amazon as our 2nd largest holding. The big … Continue reading
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