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Wells Fargo

This tag is associated with 8 posts

D&D Note (10.16.2020) ~ Retail Sales Spark Market Rally To End The Week ~ #StockMarket

D&D Note (10.16.2020) ~ Retail Sales Spark Market Rally To End The Week ~ Markets got a shot in the arm today with surprise Retail sales gaining 1.9% in September topping estimates of 0.7%. Excluding autos, the increase was 1.5% topping 0.4% estimates. The biggest gainers were clothing and accessories while electronics was the lone … Continue reading

D&D Note (9.8.2020) ~ Selloff Continues Into 3rd Trading Day After Market Got To Frothy Overbought Conditions Tesla Falls 21% Today For Largest 1-Day Drop ~ #StockMarket #Correction

D&D Note (9.8.2020) ~ Selloff Continues Into 3rd Trading Day After Market Got To Frothy Overbought Conditions Tesla Falls 21% Today For Largest 1-Day Drop ~ The selloff that started last Thursday has carried over into todays session after the long holiday weekend. Tech had been leading the frothy market going up (on the back … Continue reading

D&D Note (6.2.2020) ~ Markets Continue To Rally On Reopening Economy The NASDAQ Trades Volatile ~ #StockMarket

D&D Note (6.2.2020) ~ Markets Continue To Rally On Reopening Economy The NASDAQ Trades Volatile ~ Investors continue to focus on the reopening of the state economies driving prices higher. The DOW and the S&P 500 held strong rallies throughout the day while the NASDAQ traded volatile starting in red going green before falling deeper … Continue reading

D&D Note (4.9.2020) ~ Near Term Top on Overextended Rally? FED Steps In to Buy Fallen Angel Debt. ~ #StockMarket #RallyFade #FallenAngelDebt

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

D&D Note (7-11-2012) ~ FED Minutes Drags Down Markets

D&D Note (7-11-2012) Stocks were trading positively until the FED released their minutes from the last meeting. The minutes showed that the central bank is still cautious of risk. No signs were given to any potential further QE – or QE3. This sent stocks straight down, but the markets did rally back a bit heading … Continue reading

D&D Note (4-16-2012) ~ Apple Gets The Squeeze

D&D Note (4-16-2012) Spain continued to rain percentage points on their sovereign debt where the bond yields rose above 6% which is the highest level we’ve seen in quite a few months. Despite all the pain in Spain the DOW surged 71.82 points thanks to the banks. However, the Nasdaq was under huge pressure with … Continue reading

D&D Note (4-13-2012) ~ Friday The 13th Sees Traders Unwilling To Go Long Into The Weekend

D&D Note (4-13-2012) Friday the 13th saw red slash its way through the markets today. Many will point to Chinese economy numbers, but really traders are just unwilling to hold positions into the weekend. We have a slew of banks reporting next week. While JPMorgan (JPM) and Wells Fargo (WFC) both beat earnings today, both … Continue reading

D&D Note (4-12-2012) ~ Market Goes Long and Google Beats On Earnings

D&D Note (4-12-2012) Today’s rally was a continuation of yesterday’s rally. Google (GOOG) reported earnings after the bell and beat estimates. Google also announced they are planning an unorthodox stock split (in the past they had said they would never split the stock). We should see some more upward movement in the markets this week. … Continue reading