D&D Note (10.27.2020) ~ Rising Average Daily Virus Cases & Hospitalizations Continues To Weigh Down Markets ~ The reality is Covid-19 has not gone away and in fact is right now at the worse point in the Pandemic in both Europe and the USA. In the U.S. we are seeing an alarming rate of new … Continue reading
D&D Note (8.27.2020) ~ Markets Unsure What To Do With New FED Policy With A Rally Then Selloff Then Rally Again Today ~ The FED policy announcement this morning by Chairman Powell left investors a bit confused on wether to buy or sell. The new policy is the FED will shift to an “average inflation … Continue reading
D&D Note (8.25.2020) ~ Markets Mixed With Apple Dragging Down DOW While S&P 500 And NASDAQ Rally To New All Time Highs ~ Before we get to market news, once again we have seen extreme injustice to another unarmed black person with Jacob Blake being shot 7 times in the back in front of his … Continue reading
D&D Note (7.20.2020) ~ Vaccine Hopes Push Markets Positive On Year With Tech Leading ~ Renewed Vaccine Hope fuels todays rally, the NASDAQ gets its mojo back, the VIX drops below 25. The Oxford University / AstraZeneca potential vaccine show positive early results with production of antibodies and killer T-cells. Analysts say the vaccine fails … Continue reading
D&D Note (7.17.2020) ~ U.S. Reports Record One-Day 77,200 New Covid-19 Cases And Both Deaths & Hospitalizations Rise Across The Country ~ Markets trade relatively flat on the day and the VIX drops below 26 while Gold rallies back above $1800 an ounce. Volume was low in trading today. In the afternoon cash trading session … Continue reading
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 (6.26.2020) ~ Markets Selloff Due To Increasing Covid-19 Cases ~ Markets immediately after opening gave back all gains from yesterdays late day rally (perhaps late day short covering causing yesterdays last minute heroics). Throughout the day stocks drifted lower and lower. The major indices all closed on the lows of the day. The … Continue reading
D&D Note (6.25.2020) ~ Mystery Rally In Last Hour Pushes Markets Higher ~ Markets opened the morning falling down then traded up to even. Throughout the day stocks traded relatively flat as investors digested the latest Covid-19 news. In the final hour of trading we suddenly took a leg up across the major indexes seemingly … Continue reading
D&D Note (6.24.2020) ~ Covid-19 Cases Surge Sending Stocks Down And Volatility Up ~ Today markets woke up to the reality that Covid-19 is not going away and is rather surging to record highs in America. The 7-day average of cases has now gone back up to 30,000 a day which we had not seen … Continue reading
D&D Note (6.16.2020) ~ Retail Sales Results Boost Markets Despite New Covid-19 Worries ~ Stocks opened the day strong out of the gate on the back of better than expected retail sales in May which were up 17.7%, roughly coming in 10% higher than estimates. Intraday we did fall to session lows at the start … Continue reading