Stocks fall Wednesday as bond yields jump and China alarms

MARKETS TODAY Dec 28 (Vica Partners) DOW (^DJI) 32,876 (-366), S&P 500 (^GSPC) 3,7836 (-46), Nasdaq (^IXIC) 10,213 (-140), Russell 2000 (^RUT) 1,722 (-27), NYSE FANG+ (^NYFANG) 4,274 (-42), Brent Crude $83.26/barrel (-$1.07), Gold $1,805/oz (-$7), Bitcoin 16.5k (-162) Session Overview The Dow Jones Industrial Average fell 1.10% today, to close at 32,875.71 on thin … Read more

Stocks mixed as megacap earnings continue to weigh on markets

MARKETS TODAY Oct 26 (Vica Partners) – The S&P 500 down 0.21% as of 1.20 p.m. Eastern. The Dow Jones Industrial Average up 125 points, or 0.39%, to 31,962. The tech based Nasdaq down 1.35%. Stock indexes mixed in mid-day trading session, the 10-year Treasury flat with a yield at 4.007%. U.S. Dollar Index (DXY) … Read more

10-18-2022 Gold Futures

TECHNICAL ANALYSIS Gold futures collapsed in September, hitting the lowest levels since April of 2020…breaching months of lows that stood in the 1675 level. Since breaking that critical support, futures have had one sharp bullish reaction to 1725 and then drifted once again to the lower half of the recent trading range. The market is … Read more

09-23-2022 DJIA Technicals

TECHNICAL ANALYSIS We want to begin this look with a reminder from the last update that this remains a critical timing area for stocks. The DJIA gapped lower Friday and prices cracked intermediate-term support, setting new trading and closing lows for the bear market move that started in early 2022. The age-old adage that ‘As … Read more

Funds Successfully Invested in Weekly Market Rally

MARKETS The Federal Reserve meeting in Jackson Hole is statistically a no contest as most government reports indicate little to no financial surprises and market makers are betting on continued hawkish positions.    Reiterating that Funds invested in this Weeks market rally    Funds placed large shorts across futures for key overnight rates that moves … Read more

Wall Street Preparing Today for Late Week Rally

MARKETS With the Federal Reserve chair’s speech at the Fed’s conference in Wyoming on Friday Hedge funds are betting that the Federal Reserve will continue to discuss aggressive hikes. Market makers are looking for continued tough Fed stance on inflation. Reiterating that Funds are investing in weekly market rally…   Funds have placed a large shorts across … Read more