D&D Note (6.15.2020) ~ Markets Gap Down On Open Then Rally Into Close With Help From The FED ~ Overnight futures brought markets to gap down upon open today with the S&P 500 beginning the day at 2965. We saw a steady rally from the lows throughout the day to get back into the green … Continue reading
D&D Note (6.12.2020) ~ In A Highly Uncertain Market The Only Certainty Is Volatility ~ After yesterdays dramatic pullback many investors including D&D expected to see a gap down in overnight futures trading. Instead we got a gap up on the opening bell with the S&P 500 at 3088.42 then fell down near 3000 to … Continue reading
D&D Note (4.8.2020) ~ Hope ON = Risk ON ~ Markets look forward in time and are priced for future earnings. With Italy, Spain, and New York all seeing virus cases leveling off give Hope that we are getting closer to being able to turn economies back on. Anthony Fauci also had a positive outlook … Continue reading
D&D Note (6.8.2018) ~ Markets Stage Comeback To Rally Into Close ~ Markets opened in the red but staged an afternoon rally to finish in the green on the session. The DOW gained 0.30% to 25,316 points, the S&P 500 rallied 0.31% to 2,779 points, and the NASDAQ finished up 0.14% to 7,645 points. Cannabis … 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 (5.29.2018) ~ Spike in Italian Bond Yields Sends Stocks Down ~ A political + debt crisis in Italy over the weekend saw a spike in Italian bond yields causing a huge flight to safety into the US Dollar and US Treasuries. Italy 2-YR Yield rose to 2.738% and the Italy 10-YR Yield rose … Continue reading
D&D Note (5.18.2018) ~ S&P Flat on Week is Victory for Bulls ~ In the face of continued rising of the 10YR Yield the S&P 500 remained flat for the week. This is actually a big win for the bulls. Why? Because we are still holding the breakout of the downtrend and have not tried … Continue reading
D&D Note (4.26.2018) ~ Facebook Earnings Boost Tech Stocks ~ Markets rallied today with the Technology sector leading the day on the back of Facebook’s stellar earnings report last night. FB was up 9.06% on the session. All the major indices finished in the green today with the DOW up 0.99%, the NASDAQ up 1.64%, … Continue reading
D&D Note (4.6.2018) ~ Administration Policy Confusion Rattles Markets ~ The administration continues to confuse investors after new proposed $100 Billion tariffs against China where announced late last night. This after the administration had said nothing new would be coming out yesterday. Even Larry Kudlow was caught off guard by the news and he is … Continue reading
D&D Note (4.4.2018) ~ DOW Rallies 785 Points From The Open Low ~ The DOW staged a huge comeback from opening down 500 points to rally 785 points. Volatility is squarely back in the markets. Consumer stocks led the rally with Energy as the sole laggard. The major indices all gained around 1% on the … Continue reading