Double Top pattern

A double top is an bearish technical reversal pattern that forms after an asset reaches a high price two consecutive times with a moderate decline between the two highs.  Often, an asset’s price will experience a peak, before retracing back to a level of support. It usually climbs before reversing back and regressing to mean … Read more

US Stocks Return Weekly Gains Sparked by Exxon and Chevron Earnings Beats

MARKETS TODAY April 28th, 2023 (Vica Partners) Yesterday, US Markets sharply rose as strong earnings reversed the early Week selloff. The DOW gained +500 points with Nasdaq/Tech leading advancers. All 11 of the S&P 500 sectors finished higher, Communications outperformed/ Energy lagged. Treasury Yields rose across the curve, Bitcoin jumped >4%. Overnight, Asian markets finished higher, … Read more

Chart patterns type 1 – Head and Shoulders

Head and shoulders is a chart pattern in which a large peak has a slightly smaller peak on either side of it. What its used for/ to predict a bullish-to-bearish reversal. What to look for/ the first and third peak will be smaller than the second, but they will all fall back to the same … Read more

DOW +500 Points, Strong Earnings Reverse Early Week Selloff

MARKETS TODAY April 27th, 2023 (Vica Partners) Yesterday, US Markets finished mixed with The NY FANG+ up 2%/ Mega Cap Growth +>1.2% leading gainers. 2 of 11 of the S&P 500 sectors finished higher, Information Technology outperformed. The Cboe Volatility Index steadied, Treasury Yields rose across the curve and Meta beat earnings in afterhours. In … Read more

Forward P/E explained

Forward P/E (price-to-earnings) ratio is a financial metric used to value a company’s stock. It is calculated by dividing the current stock price by the estimated earnings per share (EPS) for the next twelve months. The forward P/E ratio gives investors an idea of what the market is willing to pay for a company’s future … Read more

PEG Ratio explained and its importance

The PEG ratio, which stands for Price/Earnings to Growth ratio, is an important financial metric that investors use to assess the value of a stock. It takes into account a company’s earnings growth rate and its price-to-earnings (P/E) ratio to determine whether a stock is overvalued or undervalued. The PEG ratio is important for several … Read more

Dow Closes Down More Than 300 Points on Banking Jitters, Option Traders Bet Big Against First Republic

MARKETS TODAY April 25th, 2023 (Vica Partners) Yesterday, US Markets finished mixed with DOW leading. 6 of 11 of the S&P 500 sectors finished higher, Energy outperformed/ Information Technology lagged. Treasury yields, USD Index, Bitcoin dropped. Oil, the Bloomberg Commodity Index and Gold rise. Dallas Fed Index declined indicating that the manufacturing contraction. Overnight, Asian … Read more

Momentum Investing

Pro Tip: Momentum investing The main rationale behind momentum investing is that once a trend is well-established, it likely to continue! Momentum investing, buying on positive performance and selling off on trend. Research has shown that momentum trading has an edge in the stock market when used over a short timeframe, such as 3-12 months, … Read more