D&D Note (8-14-2012) Stocks got an early boost from Europe with better-than-expected Q2 GDP numbers from France and Germany. Retail sales in the U.S. gained for the first time in four months which also boosted equities early on in the trading day. The rally however faded into the day leaving markets mixed. Data globally continues … Continue reading
D&D Note (7-17-2012) New Oriental Education & Technology (EDU) stock got hit today after the SEC said they are looking into the validity of the company’s past financial statements. This news led to other Chinese tech stocks getting hit on the news as well. Shares of Baidu (BIDU) fell 2.21% to close at $104.98. SINA … Continue reading
D&D Note (4-17-2012) In the first minutes of trading today Apple (AAPL) fell to $571.91 and took off from there to close up 5.10% at $609.70. A clear indication that the shorts have been taken off and the stock can now continue to head higher into earnings, making yesterday a great day to buy the … Continue reading