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Google Unveils Gemini: The Empire Strikes Back

Google Unveils Gemini: The Empire Strikes Back

Google (GOOGL, GOOG) has announced Gemini, its answer to OpenAI’s GPT-4, which will launch with three variants: Gemini Nano for Android devices, Gemini Pro for Google AI services (including Bard), and Gemini Ultra for data centers and enterprise applications. Each variant is tailored to specific uses, highlighting Google’s commitment to diverse AI applications.One of Gemini’s standout […]
Tight Trading Near Highs Keeps Momentum Bullish For Indices

Tight Trading Near Highs Keeps Momentum Bullish For Indices

Markets are trading near resistance defined by recent swing highs, reversing early losses. The S&P opened on resistance and posted a small gain. The Nasdaq had opened at support and has moved to trading range resistance. In the process of making today’s gains there was a switch in relative strength back in favor of the […]
U.S. Weekly FundFlows: Equity ETFs Attracted $10.0 Billion Of Net Inflows During The Fund-Flows Week

U.S. Weekly FundFlows: Equity ETFs Attracted $10.0 Billion Of Net Inflows During The Fund-Flows Week

Image Source: Pexels Investors were net purchasers of fund assets (including those of conventional funds and ETFs) for the seventh week in a row, injecting a net $52.8 billion for the LSEG Lipper fund-flows week ended Wednesday, December 6, but the headline figure is a bit misleading.Fund investors were net purchasers of money market funds (+$54.7 […]
Lululemon CEO ‘Energised By Opportunities Ahead’ After Q3 Results

Lululemon CEO ‘Energised By Opportunities Ahead’ After Q3 Results

Image Source Lululemon Athletica Inc (Nasdaq: LULU) lost about 7.0% in extended hours even after its reported strong results for its third financial quarter. Why is Lululemon stock down in after-hours? The stock is being punished primarily because the retailer issued downbeat guidance for its holiday quarter. Lululemon now forecasts its sales to fall between $3.14 billion […]
Market Talk – Thursday, Dec. 7

Market Talk – Thursday, Dec. 7

ASIA:The major Asian stock markets had negative day today: NIKKEI 225 decreased 587.59 points or -1.76% to 32,858.31 Shanghai decreased 2.73 points or -0.09% to 2,966.21 Hang Seng decreased 117.37 points or -0.71% to 16,345.89 ASX 200 decreased 5.10 points or -0.07% to 7,173.30 Kospi decreased 3.31 points or -0.13% to 2,492.07 SENSEX decreased 132.04 […]
Stocks And Precious Metals Charts – The Dollar Fell

Stocks And Precious Metals Charts – The Dollar Fell

The risk markets were in rally mode today, with the major stock indices finishing higher.The Dollar fell, and gold bounced back a little.Silver continued to decline.VIX is waffling around.Non-Farm Payrolls may move the markets tomorrow.”We are going to lead once again by being the best. We’re gonna lead economically. We’re gonna lead technologically. We’re gonna […]
Perfect Fibonacci Tag

Perfect Fibonacci Tag

Below is a chart of the Russell 2000 cash index. I’ve tinted the area which has represented the vast majority of trading over a full two years. You will note that the Fibonacci Retracements are anchored to the lifetime high, at the top, and the Covid crash low, at the bottom. What is remarkable about […]
Bitcoin Update: Of 43 Forecasts For 2023 Only 12 Are Close

Bitcoin Update: Of 43 Forecasts For 2023 Only 12 Are Close

Image Source: Pexels Back in May we did an exhaustive search of the internet and come up with over 40 forecasts by professional forecasting agencies and experts of where they see the price of Bitcoin being by the end of 2023. The price of Bitcoin was $28,890 back on May 7th and the price as of the […]
Is A U.S. Recession Still Possible In 2024?

Is A U.S. Recession Still Possible In 2024?

On a special edition of Market Week in Review, Chief Investment Strategist Erik Ristuben and Sophie Antal-Gilbert, Head of AIS Portfolio & Business Consulting, discussed the global market outlook for 2024, including the potential for a U.S. recession. Ristuben, who is retiring at the end of the month, also shared some parting words of wisdom […]
Fed’s Bank Bailout Fund Explodes To Record High As Massive Money-Market Fund Inflows Continue

Fed’s Bank Bailout Fund Explodes To Record High As Massive Money-Market Fund Inflows Continue

Money-market funds saw another large ($61.5BN) inflow last week. That is the sixth straight week of inflows, adding $290BN in that time to a new record high of $5.9TN…Source: BloombergIn a breakdown for the week to Dec. 6, government funds – which invest primarily in securities like Treasury bills, repurchase agreements, and agency debt – saw assets […]