MARKETS TODAY Sept 28 (Vica Partners) – The S&P 500 up .57% as of 10:25 a.m. Eastern. The Dow Jones Industrial Average up 166 points, or .56%, to 29,298. The tech based Nasdaq up 0.30% The markets continue to rise today on pending home sales data and most importantly Powell’s remarks at the banking conference … Read more
MARKETS TODAY Sept 27 (Vica Partners) – The S&P 500 up .39% as of 11:45 a.m. Eastern. The Dow Jones Industrial Average up 46 points, or .16%, to 29,312. The tech based Nasdaq up 0.80% Wall Street’s main indexes rose for the first time in six sessions on Tuesday, with growth tech based stocks gaining … Read more
MARKETS TODAY Sept 26 (Vica Partners) – The S&P 500 down 1.08% as of 12:35 p.m. Eastern. The Dow Jones Industrial Average down 317 points, or 1.06%, to 29,276. The tech based Nasdaq down 0.44%. Losses so far have been broad based in the U.S. markets and included banks, energy, commodities, health care and tech. … Read more
MARKETS TODAY @12:40 p.m EST Sept 22 (Vica Partners) Dow down 2.33%, S&P 500 down 2.44%, Nasdaq down 2.38% All Major indexes set for a sixth weekly loss in the last seven weeks as the Fed also projected a higher peak rate than what the market had expected yesterday. Treasury yields continue to rise, with … Read more
MARKETS TODAY @1:16 PM EST Sept 22 (Vica Partners) Dow down .38%, S&P 500 down .88%, Nasdaq down 1.56% Indexes are down this morning following yesterday’s Federal Reserve three-quarters of a percentage point hike. The Fed signaled further “higher than analysts forecast” rate hikes were planned. The markets are pricing in the rate adjustment over … Read more
MARKETS TODAY @2:20 PM EST Sept 21 (Vica Partners) Dow down .68%, S&P 500 down .66%, Nasdaq down .79% Stocks turn negative following Wednesday’s 2 p.m. ET as the Federal Reserve has acted with an expected with three-quarters of a percentage point hike. and signaled more large increases to come in new projections showing its … Read more
MARKETS TODAY @3 PM EST Sept 20 (Vica Partners) Dow down 1.40%, S&P 500 down 1.37%, Nasdaq down 1.10% Stocks continue to drop today as bond yields hit new highs ahead of Wednesday’s interest-rate decision from the Federal Reserve. Odds for a 75 basis-point hike have risen to 86% on the, while 14% are looking … Read more
MARKETS TODAY @1 PM EST Sept 16 (Vica Partners) Dow up .03%, S&P 500 up .01%, Nasdaq down .04% Markets spin today following the worst week in 3 Months as they await the Federal Reserve’s two-day policy meeting on Sept. 20-21. Analysts expect the central bank to deliver a third-straight 75-basis-point increase. Traders are betting … Read more
TECHNICAL ANALYSIS The DJIA ended an outside week down with a -4.13% loss. Friday’s trade took the index into the previously outlined ‘last-gasp’ support area at 30810/30680. The action filled in the gap that has stood on the daily chart in that area since July 15th. A late rally took prices to close near the … Read more
MARKETS TODAY @12.20 PM EST Sept 16 (Vica Partners) Dow down 1.12%, S&P 500 down 1.40%, Nasdaq down 1.73% Stocks continue fall on Friday as markets price-in higher “hawkish” Federal Reserve interest rate hikes. This week Fed’s policymakers signaled that they expected their key rate to end 2022 in a range of 3.75 percent to … Read more