Stay Ahead, Market Insights April 11th, 2024. In March 2024, inflation rose to 3.5%, up from February’s 3.2%, signaling sustained economic stability and delaying expected interest rate cuts by the Federal Reserve. Energy and housing costs played significant roles, potentially impacting the upcoming November elections. Despite policymakers’ efforts, challenges persist in managing inflation’s effects, as … Read more
Stay Informed and Stay Ahead: Market Watch, April 9th, 2024. Wall Street Early Week Edition Market Highlights & Analysis: Indices, Sectors, and More… Economic Data: NFIB optimism index down from last month. Market Indices: DJIA (-0.02%), S&P 500 (+0.14%), Nasdaq Composite (+0.32%). Sector Performance: 9 of 11 sectors higher; Real Estate (+1.291%) leading, Financials (-0.50%) … Read more
TECHNICAL ANALYSIS (by Intraday Dynamics) What Is an Island Reversal? S&P 500 Index Hourly HLC The S&P 500 gapped into lower trade on Tuesday and the cash index now has a large 7-day, island top on the hourly chart. (The daily SPY shows the same large island.) The hourly reached oversold conditions in Tuesday’s trade. … Read more
Stay Informed and Stay Ahead: Economic Information, March 14th, 2024. Weekly Major U.S. Economic Reports 3-14-24 There was a downturn in retail sales, while initial jobless claims remained relatively stable. Both the Producer Price Index (PPI) and Core PPI saw slight upticks in February, bolstering year-over-year expansion, with PPI showing a moderate increase and Core … Read more
Stay Informed and Stay Ahead: Opinion, March 13th, 2024. Warren Buffett, CEO of Berkshire Hathaway, is known for disciplined value based investing and longer-term vision. Despite past success, his traditional market model faces challenges in today’s markets. Pivot in Market Dynamics: Recent years have witnessed profound shifts in market dynamics. The ascendancy of technology and … Read more
Stay Informed and Stay Ahead: Market Watch, March 6th, 2024. Wall Street Mid-Week Edition Market Highlights & Analysis: Indices, Sectors, and More… Economic Data: ADP employment at 140,000, U.S. wholesale inventories down 0.3%, job openings stable at 8.9 million. Fed Chair Powell testifies. Market Indices: DJIA (+0.20%), S&P 500 (+0.51%), Nasdaq Composite (+0.58%). Sector Performance: … Read more
Stay Informed and Stay Ahead: Economic Information, February 16th, 2024. Market Data: Economic Reports Economic Data: Today’s key economic data reveals a 0.3% month-over-month increase in PPI, with a 0.9% rise on an annual basis. Services costs saw significant growth, the highest since July. Core PPI year-over-year is up by 2.6%, in line with expectations. … Read more
Stay Informed and Stay Ahead: Market Watch, February 8th, 2024. Market Highlights & Analysis: Indices, Sectors, and More… Economic Data: Initial jobless claims fell to 218,000, below the forecasted 220,000 and prior 227,000, while December’s wholesale inventories rose 0.4%. Market Indices: DJIA (+0.13%), S&P 500 (+0.06%), Nasdaq Composite (+0.24%). Sector Performance: 6 of 11 sectors … Read more
Vica’s economic outlook for 2024 A cautiously optimistic perspective unfolds, forecasting a consistent GDP growth of 2.3 percent for the United States. The driving force behind this growth is the resilience exhibited in sectors like government, healthcare, and services, poised to lead the charge in job creation. Employment Trends The U.S. economy has been historically … Read more
Stay Informed and Stay Ahead: Market Watch, January 30th, 2024. Market Highlights & Analysis: Indices, Sectors, and More… Economic Data: November saw a 5.4% increase in the S&P Case-Shiller Home Price Index, December job openings reached 9.0 million, and January’s consumer confidence rose to 114.8 from December. Market Indices: DJIA (+0.35%), S&P 500 (-0.06%), Nasdaq … Read more