The Long History of Stock Market Prediction Problems
Following President Trump’s re-election, the S&P 500 has seen an impressive surge, climbing past 6,000 and sparking significant optimism in the financial markets. Unsurprisingly, the rush by...
Following President Trump’s re-election, the S&P 500 has seen an impressive surge, climbing past 6,000 and sparking significant optimism in the financial markets. Unsurprisingly, the rush by...
Crude Oil markets are being torn from rising because of rising geo-political risk against a backprop of a rising dollar that surged to new highs thwarting the oil war risk rally. The oil markets...
RBNZ is expected to cut rates by 50 bps at its last policy meeting of 2024. But will PCE inflation data give the green light for a Fed cut? Eurozone flash CPI also critical for ECB’s December...
The ongoing rise in continuing claims looks worrisome, but initial claims are telling a considerably more upbeat story. Which one’s the better measure? The positive spin via initial claims is...
Wall Street’s poster child for AI is Nvidia (NASDAQ:NVDA). With an overwhelming market share in AI chip design, Nvidia is up over 200% year to date and a whopping 2680% over the last five years....
Gold continues to gain, as geopolitics generates headlines Hawkish Fedspeak and strong US data support the dollar Euro suffers from another weak set of PMIs Yen fails to benefit from stronger...
Gold Grows for the Fifth Consecutive Day Gold (XAU/USD) grew by 0.73% on Thursday as investors turned to safe-haven assets amid increasing geopolitical risks. Earlier this week, Ukraine launched its...
Moodiness due to a lack of a strong post-earnings rally from Nvidia (NASDAQ:NVDA) remained short-lived. Investors rapidly shrugged off the company’s warning that the profit margin will dip to 73% on...
NZ activity sluggish despite rate cuts, soft surveys remain recessionary Markets, economists favour 50bps RBNZ cut, 75bps looks underpriced Cash rate 175bps above neutral, according to RBNZ...
We are up 31.40%; S&P 500 is up 25.7% so far this year. The top window is the SPY. We noted in shaded pink the times when the SPY was up 5 days or more in a row. Five days up or more suggests...