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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 (6.19.2020) ~ Nation Celebrates Juneteenth And Markets See Quadruple Witching ~ Today July 19th is Juneteenth, the holiday celebrating the liberation of those who had been held as slaves in the United States. In the markets today was Quadruple Witching when options and futures contracts expire the same day which elevates volume and volatility. … Continue reading
SOLD: V (locked in 20% profit gain) TSLA (locked in 162% gain and closed position)
D&D Note (6.18.2020) ~ Markets Struggle For Direction End Day Flat ~ Economic data is trending better but will it continue or deteriorate? Unemployment remains high but will congress extend unemployment benefits? Covid-19 cases are increasing in many states but will we see lockdowns again? There are so many questions right now that could go … Continue reading
D&D Note (5.22.2020) ~ Probability Now Higher For Breakdown Not Breakout ~ While we are still technically in a Bullish Trading Range, markets are trending more to breaking down out of range than breaking out above the 200 day moving average (for round number we need to break out above 3000 on S&P 500 and … Continue reading
SOLD: (Took gains in all the following) V WNS FB SHOP
D&D Note (4.20.2020) ~ WTI Crude Oil Falls to Negative On Expiration of May Contract For First Time Ever ~ The May 20 contract of NYMEX WTI Crude settled at negative -$37.63 a barrel down over negative -200%. This was the first time in history WTI fell negative. The June 20 contract is trading at … Continue reading
SOLD: Took portion of gains in all the following: WNS DIS BRK.B PYPL SHOP FB TSLA V GOOG
D&D Note (4.9.2020) ~ Near Term Top on Overextended Rally? FED Steps In to Buy Fallen Angel Debt ~ Equity markets bounced off the top of the intraday trading range (2,818.57 intraday high on S&P 500) multiple times before markets pared gains leading into the close ahead ahead of the long weekend. (No trading tomorrow … Continue reading
SOLD PYPL (locked in some gains) V (locked in some gains) SHOP (locked in some gains)
D&D Investments 