DOW Rises as Credit Swaps Pickup Friday, Fed Reserve Record on Predicting Recession is Guaranteed Wrong!

MARKETS TODAY August 18th, 2023 (Vica Partners) Overnight/US Premarket, Asian markets finished lower, Hong Kong’s Hang Seng lost 2.07%, China’s Shanghai Composite down 1.00% and Japan’s Nikkei 225 off 0.55%. S&P futures opened trading at 0.58% below fair value. European markets finished lower, Germany’s DAX down 0.65%, London’s FTSE 100 off 0.65% and France’s CAC … Read more

DOW Gains as Growth Shifts to Value, Oil Stocks Have Solid Fourth Quarter Upside

MARKETS TODAY August 11th, 2023 (Vica Partners) Overnight/US Premarket, Asian markets finished mixed, Japan’s Nikkei 225 gained 0.84%, China’s Shanghai Composite lost 2.01% and Hong Kong’s Hang Seng down 0.90%. S&P futures opened trading at 0.41% below fair value. European markets finished sharply lower, France’s CAC 40 lost 1.26%, London’s FTSE 100 down 1.24% and … Read more

Eli Lilly Earning Boosts Pharmaceuticals Sector Tuesday, Credit Card Balances Rise to Historic $1T High

MARKETS TODAY August 8th, 2023 (Vica Partners) Overnight/US Premarket, Asian markets finished mixed, Japan’s Nikkei 225 gained 0.38%. Hong Kong’s Hang Seng Shanghai Composite down 1.81% and China’s Shanghai Composite down 0.25%. S&P futures opened trading at 0.45% below fair value.. European markets finished lower, Germany’s DAX lost 1.10%, France’s CAC 40 down 0.69% and … Read more

Technical Update 08-06-2023 DJIA & S&P 500 & BRKA

TECHNICAL ANALYSIS Major Indices Week of August 4, 2023 The Dow traded an outside week down after prices started the month of August with new highs for the drive and then swooning to settle on the bottom of the week’s range with Friday posting a bearish outside day down. S&Ps staged the worst weekly decline … Read more

S&P 500 and DOW Muted Gains Friday, Investors Seek Recession Safety in Defensive Sectors

MARKETS TODAY July 21st, 2023 (Vica Partners) Overnight/US Premarket, Asian markets finished mixed, Hong Kong’s Hang Seng gained 0.78%, Japan’s Nikkei 225 down 0.57%, China’s Shanghai Composite off 0.06%. European markets finished mixed, France’s CAC 40 up 0.65%, London’s FTSE 100 up 0.23% and Germany’s DAX lost 0.17%. S&P futures opened trading at 0.34% above … Read more

Blue-Chip Companies Rally and Utilities Pop Thursday, Ex Fed Chief Bernanke Says One Last Interest Rate Hike

MARKETS TODAY July 20th, 2023 (Vica Partners) Overnight/US Premarket, Asian markets finished lower, Japan’s Nikkei 225 down 1.23%, China’s Shanghai Composite off 0.92%, while Hong Kong’s Hang Seng ended lower 0.13%. European markets finished higher, France’s CAC 40 gained 0.79%, London’s FTSE 100 up 0.76% and Germany’s DAX is up 0.59%. S&P futures opened trading … Read more

DOW Up as United Health Care Sparks Sector Rally; Big Banks Earnings Support Soft Landing

MARKETS TODAY July 14th, 2023 (Vica Partners) Overnight/US Premarket, Asian markets finished mixed, Hong Kong’s Hang Seng +0.33%, China’s Shanghai Composite +0.04%,  Japan’s Nikkei 225 -0.09%,. European markets finished mixed, France’s CAC 40 +0.06%, Germany’s DAX -0.22%, London’s FTSE 100 -0.08%. S&P futures were trading at +0.1% above fair value. Today US Markets finished mixed, … Read more

Weekly Technical Update 07-08-2023 DJIA, S&P500 & Gold Futures

TECHNICAL ANALYSIS NOTE: THERE WILL BE NO UPDATE NEXT WEEKEND 07/14/23 Major Indices Week of July 07, 2023 Stocks traded an inside week (Dow) and closed on the bottom of the range. The daily Dow chart hooked down with the action as prices left yet another island reversal on the daily chart as the Dow … Read more

U.S. Stocks Decline on China Slumping Economy Worries, Tesla and Nvidia Rally Continues

MARKETS TODAY June 20th, 2023 (Vica Partners) Last Friday, US Markets finished lower, S&P 500 -0.37%, DOW -0.32%, Nasdaq -0.68%. 8 of 11 of the S&P 500 sectors declining:  Utilities +0.53% outperforms/ Communication Services -1.00% lags. On the upside, Treasury Yields, USD Index, Bitcoin, Oil and the Bloomberg Commodity Index. In economic news, U of … Read more