Matthew Krumholz 
MARKETS TODAY April 20th, 2023 (Vica Partners) Good Thursday! Yesterday, Indices closed broadly lower with Nasdaq and Russell 2000 leading gainers, defensive sector Utilities outperformed. Morgan Stanley (MS), U.S. Bancorp (USB) earning beats boosted the Regional Banking ETF (KRE) up 3.94%. Tech earnings continue to come in soft. Bloomberg Commodity Index, Oil, Bitcoin and Gold … Read more
MARKETS TODAY April 19th, 2023 (Vica Partners) Good Wednesday afternoon! Yesterday, the Cboe Volatility Index declined for a sixth consecutive session, remaining below 17. Bank of America topped earnings expectations while Goldman missed. Indices closed broadly lower. 7 of 11 of the S&P 500 sectors finished higher, Materials outperformed /Health Care lagged. Yields declined with … Read more
MARKETS TODAY April 18th, 2023 (Vica Partners) Good Tuesday afternoon! Yesterday, Russell 2000 leads Indices, up +1.2% while NY FANG+ lagged -0.25% and continued underperformance by tech. The Regional banking ETF KRE +3%, M&T Bank up >7.5% on earnings top. 9 of 11 of the S&P 500 sectors higher, Real Estate outperformed. Empire Manufacturing beats, … Read more
MARKETS TODAY April 17th, 2023 (Vica Partners) Good Monday afternoon! Last Week, was the “best beat rate” to start earnings season since 2012. Key Indices closed higher for the Week w/ the DOW +1.2%, S&P +0.08%, Nasdaq +0.03% while NYSE FANG+/ tech ended lower for the second week. 7 of 11 of the S&P 500 … Read more
MARKETS TODAY April 14th, 2023 (Vica Partners) Good Friday Evening! Yesterday, key Indices closed sharply higher led by Nasdaq and FANG+. 10 of 11 of the S&P 500 sectors were higher, Communication Services and Consumer Discretionary outperform/ Real Estate lagged. Yield mostly rise while Bitcoin and Gold gained. In economic news, headline PPI/ Core PPI … Read more
MARKETS TODAY April 13th, 2023 (Vica Partners) Happy Thursday! Yesterday, key Indices closed lower, Nasdaq and FANG+ led decliners w/ the Semiconductor ETF ^SOXX down 1.83%. 6 of 11 of the S&P 500 sectors were higher/ Industrials outperformed, Communication Services lagged. Yields decline across the curve. In economic news, CPI headline inflation for March came … Read more
MARKETS TODAY April 12th, 2023 (Vica Partners) It’s only Wednesday! Yesterday, Key Indices closed mostly lower, Dow and Russell 2000 finished up for a 2nd consecutive day. 9 of 11 of the S&P 500 sectors were higher/ Materials and Energy, Information Technology lags. The SPDR S&P Banking ETF ^KRE was flat while Bitcoin rallied above … Read more
MARKETS TODAY April 11th, 2023 (Vica Partners) Good Tuesday Evening, Yesterday, Key Indices were mixed but closed moderately higher, Dow and Russell 2000 led. Cyclicals are beginning to trend! 6 of 11 of the S&P 500 sectors were higher/ Energy and Materials outperform, Communication lagged. Bitcoin looking to break $30k and Gold at 2K. In … Read more
MARKETS TODAY April 10th, 2023 (Vica Partners) Good Monday Evening, Last Week, March numbers indicate that inflation is declining as jobless claims topped forecast, indicating the labor marking is slowing however the housing and rental components of inflation remain high. The S&P 500 +1.34% but the overall market returned a -0.10% change. Defensives/ Health Care … Read more
MARKETS THIS WEEK April 7th, 2023 (Vica Partners) Good Friday Afternoon, Concerns this week over recession “may” have been greatly exaggerated with jobless claims topping estimates however housing and rental components of inflation still remain high. The SPDR Regional Bank ETF KRE was trending slightly above its 52-week lows as banking deposit flows appear to … Read more