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
MARKETS TODAY Oct 11 (Vica Partners) – The S&P 500 up .17% as of 12.54 p.m. Eastern. The Dow Jones Industrial Average up 253 points, or .87%, to 29,456. The tech based Nasdaq up .01%. We do expect small gains today! Stocks continue to flip flop Tuesday with indexes testing lows as the markets desperately … Read more
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
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
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
HEDGE FUNDS Hedge funds increased tech and consumer holdings, while cutting energy and materials positions. The average weightings of top 10 holdings jumped to 70% in the three months ended June. They are betting on pricing climbing back to levels seen at the start of the pandemic. Amazon surpassed Microsoft as the most popular long … Read more
MARKETS Hedge funds are betting that the Federal Reserve will continue to discuss aggressive hikes at Jackson Hole discussion this Friday. Market makers are looking for continued tough Fed stance on inflation. Funds are investing in weekly market rally… Funds have placed large shorts across futures for a key overnight rate that moves in … Read more
MARKETS S&P 500 headed for worst day in nearly 2 months as the Market is looking for a change in direction on Federal Reserve hawkish rate hikes NYSE decliners leading advancers 5-1 in market sell-off as U.S. stocks down Monday as fears of aggressive interest rate hikes returned to Wall Street. Our data shows 2,450 … Read more
Sector Notable performance: Occidental Petroleum has been the best-performing stock in the S&P 500 in 2022 with gains to more than 140%. Company Profile Occidental Petroleum is an independent exploration and production company with operations in the United States, Latin America, and the Middle East. At the end of 2021, the company reported net proved … Read more
MARKETS The Federal Reserve will no longer need to raise interest rates as aggressively as most government reports indicate little to no financial surprises. Indexes continue to recover supported by “on forecast” pricing, jobs and housing statistics The S&P 500 was up 9% last month while Nasdaq has climbed more than 20% from its lows … Read more