Powell’s Tuesday speech well received, sparks Market rally

MARKETS TODAY Feb 7 (Vica Partners) DOW (^DJI) 34,157 (+266), S&P 500 (^GSPC) 4,164 (+53) Nasdaq (^IXIC) 12,114 (+226), Russell 2000 (^RUT) 1,973 (+15), NYSE FANG+ (^NYFANG) 5,815 (+140), Brent Crude $83.69/barrel (+$2.70), Gold $1,872/oz (+$4), Bitcoin $23.3k (+$507) Session Overview Powell speech well received sparks market rally Indexes rise S&P 500 holds >4100 VIX … Read more

Stocks pullback Monday as investors await Fed Chair Powell’s speech tomorrow

MARKETS TODAY Feb 6 (Vica Partners) DOW (^DJI) 33,891 (-35), S&P 500 (^GSPC) 4,111 (-25 Nasdaq (^IXIC) 11,887 (-120), Russell 2000 (^RUT) 1,957 (-28), NYSE FANG+ (^NYFANG) 5,675 (-57), Brent Crude $81.79/barrel (+$0.80), Gold $1,873/oz (+$8), Bitcoin $22.9k (+$105) Session Overview Market pullback today with Nasdaq outperforming the DOW and S&P 500, YTD Goldman Sachs … Read more

U.S. stocks fall Friday as investors capture tech rally gains, soft landing remains likely

MARKETS TODAY Feb 3 (Vica Partners) DOW (^DJI) 33,926 (-128), S&P 500 (^GSPC) 4,136 (-43), Nasdaq (^IXIC) 12,007 (-194), Russell 2000 (^RUT) 1,986 (-16), NYSE FANG+ (^NYFANG) 5,732 (-151), Brent Crude $79.94/barrel (-$2.23), Gold $1,866/oz (-$49), Bitcoin $23.3k (-$125) Session Overview Growth/tech rally week declines following Apple, Amazon and Alphabet earnings Key Indexes decline Yields … Read more

Nasdaq jumps 3% and S&P 500 up 1.5% Thursday as investors grow more confident of soft landing

MARKETS TODAY Feb 2 (Vica Partners) DOW (^DJI) 34,054 (-39), S&P 500 (^GSPC) 4,180 (+43), Nasdaq (^IXIC) 12,201 (+385), Russell 2000 (^RUT) 2,001 (+40), NYSE FANG+ (^NYFANG) 5,883 (+381), Brent Crude $82.20/barrel (+$0.03), Gold $1,916/oz (-$36), Bitcoin $23.5k (+$44) Session Overview Nasdaq jumps >3%, S&P 500 >1.4% NYFANG up almost 7% Yields decline 6 of … Read more

Stocks Up Wednesday as Federal Reserve Chair Jerome Powell said the central bank made progress in its battle against inflation today

MARKETS TODAY Feb 1 (Vica Partners) DOW (^DJI) 34,093 (+7), S&P 500 (^GSPC) 4,119 (+43), Nasdaq (^IXIC) 11,816 (+232), Russell 2000 (^RUT) 1,961 (+29), NYSE FANG+ (^NYFANG) 5,503 (+221), Brent Crude $83.44/barrel (+$0.60), Gold $1,953/oz (+$25), Bitcoin $23.9k (+$190) Session Overview Fed hikes by 25bps as market expected Key Indexes rise Nasdaq jumps >2% Yields … Read more

Stocks rally today as the employment cost index had its lowest quarterly gain in a Year

MARKETS TODAY Jan 31 (Vica Partners) DOW (^DJI) 34,086 (+369), S&P 500 (^GSPC) 4,077 (+59), Nasdaq (^IXIC) 11,585 (+191), Russell 2000 (^RUT) 1,932 (+46), NYSE FANG+ (^NYFANG) 5,281 (+107), Brent Crude $84.49/barrel (-$0.41), Gold $1,927/oz (+$5), Bitcoin $23.1k (-$36) Session Overview The employment cost index, a metric the Federal Reserve watches closely for inflation had … Read more

Stocks pullback today as Markets cautious of Wednesday’s Federal Reserve’s rate hike

MARKETS TODAY Jan 30 (Vica Partners) DOW (^DJI) 33,717 (-261), S&P 500 (^GSPC) 4,018 (-53), Nasdaq (^IXIC) 11,394 (-228), Russell 2000 (^RUT) 1,890 (-22), NYSE FANG+ (^NYFANG) 5,192 (-164), Brent Crude $84.94/barrel (-$1.72), Gold $1,923/oz (-$6), Bitcoin $22.8k (-$967) Session Overview Key Indexes decline Yields up Nasdaq falls below 200d moving average 10 of 11 … Read more

Indexes finish higher Friday on pricing data, core CPI at its lowest level in 15 months

MARKETS TODAY Jan 27 (Vica Partners) DOW (^DJI) 33,978 (+29), S&P 500 (^GSPC) 4,071 (+10), Nasdaq (^IXIC) 11,622 (+109), Russell 2000 (^RUT) 1,912 (+9), NYSE FANG+ (^NYFANG) 5,365 (+148), Brent Crude $86.40/barrel (-$1.07), Gold $1,928/oz (-$2), Bitcoin $23.2k (+$138) Session Overview Key Indexes rise Nasdaq closes above 200d moving average 6 of 11 S&P 500 … Read more

Stocks rise as the U.S. economy unexpectedly grew in the 4Q as growth beats expectations

MARKETS TODAY Jan 26 (Vica Partners) DOW (^DJI) 33,949 (+205), S&P 500 (^GSPC) 4,060 (+44), Nasdaq (^IXIC) 11,512 (+199), Russell 2000 (^RUT) 1,903 (+13), NYSE FANG+ (^NYFANG) 5,217 (+153), Brent Crude $87.45/barrel (+$1.33), Gold $1,929/oz (-$20), Bitcoin $23.1k (-$1) Session Overview Key Indexes all up Yields rise Economic data better than expected GDP increased, weekly … Read more

Indexes recover today as the Market has been reacting favorably to moderating inflation and Fed hikes

MARKETS TODAY Jan 25 (Vica Partners) DOW (^DJI) 33,744 (+10), S&P 500 (^GSPC) 4,016 (-1), Nasdaq (^IXIC) 11,313 (-21), Russell 2000 (^RUT) 1,888 (+3), NYSE FANG+ (^NYFANG) 5,055 (-22), Brent Crude $86.41/barrel (+$0.28), Gold $1,946/oz (+$9), Bitcoin $23.0k (+$403) Session Overview Microsoft slower growth warning weighed on the markets, especially tech DOW ends higher, S&P … Read more