Dow Gains as Energy Sector Rebounds, Mega Cap Tech Loses Early Gains and Selloff Late in Session

MARKETS TODAY June 7th, 2023 (Vica Partners) Yesterday, US markets finished higher, S&P 500 +0.24%, DOW +0.03% and the Nasdaq +0.36%. 6 of 11 of the S&P 500 sectors advance: Financials +1.33% outperforms/ Health Care -0.88% lags. On the upside, Russell 2k/ Small Cap Stocks, USD Index, Gold, Bitcoin and the Bloomberg Commodity Index.  In … Read more

5 Market Benefits to Stock Shorting / Short Selling

Stock shorting, also known as short selling, can be beneficial for financial markets and below are 5 reasons why: Price Discovery: Short selling provides an additional mechanism for price discovery. When investors short a stock, they are essentially betting that its price will decline. This activity helps to reflect market sentiment and incorporates negative information … Read more

Wall Street Rises as Regional Banks Lead Market Rally, Bitcoin Unexpectedly Jumps 5%

MARKETS TODAY June 6th, 2023 (Vica Partners) Yesterday, US markets finished lower, S&P 500 -0.20%, DOW -0.59% and the Nasdaq -0.09%. 8 of 11 of the S&P 500 sectors declined: Communication Services +0.58% outperforms/ Industrials -0.71% lags. On the upside, FANG+, Gold and Brent Crude In economic news, S&P Global US Composite PMI for May … Read more

Wall Street Ends Lower as Market Reprices No Fed Rate Cuts, ISM Services Report Renews Recession Fears

MARKETS TODAY June 5nd, 2023 (Vica Partners) Last Friday, US Markets finished sharply higher, S&P 500 +1.45%, DOW +2.12% and the Nasdaq +1.07%. All 11 of the S&P 500 sectors higher: Materials +3.37% outperforms/ Communication Services +0.10% lags. On the upside, Russell 2k Treasury Yields, USD Index, Oil and Bitcoin. In economic news, headline Jobs … Read more

Mega Cap Tech Leads Wall Street Rally, Fed Pausing Hikes in June Lifts Market

MARKETS TODAY June 1st, 2023 (Vica Partners) Yesterday, US Markets finished lower, S&P 500 -0.61%, DOW -0.41% and the Nasdaq -0.63%. 7 of 11 of the S&P 500 sectors lower: Energy -1.88% underperformed/ Utilities +0.96% outperformed. Defensive Sectors and Gold gained. In economic news, Chicago PMI fell more than expected but JOLTS job openings unexpectedly … Read more

U.S. Indexes Retreat Following Weak Asian Economic Data, June Fed Hike Revised from 70% to 30% Chance

MARKETS TODAY May 31st, 2023 (Vica Partners) Yesterday, US Markets finished mixed, S&P 500 +0.00%, DOW -0.15% and the Nasdaq +0.32%. 7 of 11 of the S&P 500 sectors lower: Consumer Staples -1.08% underperforms/ Consumer Discretionary +0.76% outperforms. On the upside, FANG+, Gold, Oil and Bitcoin. In economic news, S&P Case-Shiller April home price index … Read more

MSCI Momentum Indexes basics

The MSCI Momentum Indexes are a series of indexes created by MSCI Inc. that track the performance of stocks with strong momentum characteristics. Momentum investing is a strategy that aims to capitalize on the continuation of existing trends in stock prices. The MSCI Momentum Indexes provide a systematic approach to capturing this momentum effect in … Read more

Nasdaq Leads Tuesday as Hedges Turn to Options to Catch Tech Rally

MARKETS TODAY May 30th, 2023 (Vica Partners) Last Friday, US Markets finished broadly higher, S&P 500 +1.30%, DOW +1.00 and the Nasdaq +2.19%. 8 of 11 of the S&P 500 sectors higher: Information Technology +2.68% outperformed/ Energy -0.37% lagged. Gold, Oil and the Bloomberg Commodity Index gained. In economic news, multiple releases points to resilience … Read more

Nasdaq and Big Tech Leads Friday, Semiconductor ETF (SOXX) +6.5%

MARKETS TODAY May 25th, 2023 (Vica Partners) On Thursday, US Markets finished mixed, S&P 500 +0.88%, DOW -0.11% and the Nasdaq +1.71%. 6 of 11 of the S&P 500 sectors lower: Energy -1.89% underperformed/ Information Technology +4.45% outperformed.  Treasury Yields, USD Index, Bitcoin and WTI Oil all gained. In economic news, Initial weekly jobless claims … Read more