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D&D Note (6.16.2022) ~ Markets Fall to New Lows as Investors Worry the FED will Induce a Recession ~ It was a sea of red today in the markets with selling starting in the Futures market causing the Indices to gap down at the open. The S&P 500 finished off the lows of the day … Continue reading
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 (9.15.2020) ~ Rally Fades As Stocks Pair Gains Into The Close ~ Tech led the rally in the stock market again today. However, as the day went on stocks began pairing their gains into the close. Financial Sector was the laggard on the day down -1.36% with JPM down -2.99% and Citigroup down … 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
D&D Note (7.28.2020) ~ Late Day Sell-Off Drags Stocks Lower With Rotation Out Of Tech ~ Markets traded choppy to flat throughout the day then had a late afternoon sell-off which dragged the major indices lower on the day. Negotiations on the new relief bill are proving difficult between Republicans in the Senate and Democrats … 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 (7.24.2020) ~ Rising Tensions Between China & U.S. Sends Markets Lower And Gold to $1900 ~ The continued rising tensions between China and the U.S. put downward pressure on the markets today after China retaliates and closes the U.S. consulate in Chengdu. Equity markets gapped down on the open and remained in the … Continue reading
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