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Rates Spark: Enough To Hold Rates Down

Rates Spark: Enough To Hold Rates Down

Image Source: PixabayThe US 10yr yield remains below 4%. However, that’s not been validated by the data as of yet. Friday’s payrolls report can be pivotal here, but based off consensus expectations the market will remain without validation from the labour market. Also, the Fed’s FOMC minutes due on Wednesday are unlikely to be as racy […]
2023’s Biggest Losers In The Russell 1,000

2023’s Biggest Losers In The Russell 1,000

Image Source: UnsplashWhile broad swathes of the equity market rose in 2023, that is not to say there were no areas of weakness. Of course, there were some major spotlight stocks that investors would have completely lost their shirt on like Silicon Valley Bank had they been invested in the beginning of the year, but for […]
Rivian Stock Tanks On Decline In Deliveries: Buy The Dip?

Rivian Stock Tanks On Decline In Deliveries: Buy The Dip?

Image Source: Pixabay Rivian Automotive Inc (Nasdaq: RIVN) ended more than 10% down on Tuesday after reporting a year-on-year decline in deliveries in the fourth quarter. Baird analyst shares his view on $RIVN The electric vehicles company delivered 13,972 vehicles in the final quarter of 2023 – down 10.2% versus a year ago.Still, Ben Kallo – a Baird […]
FX Turnover Through 2022

FX Turnover Through 2022

Image Source: Unsplash Doing some research on international currencies, I reviewed FX turnover data from the BIS, through April 2022. The dollar dominated, two months after the expanded Russian invasion of Ukraine. Figure 1: Share of foreign exchange turnover in April of indicated survey year (out of 2), for USD (inverted blue triangle), EUR (inverted tan triangle), […]
These Major AI Performers In 2023 Have More Room To Run In 2024

These Major AI Performers In 2023 Have More Room To Run In 2024

Photo by Steve Johnson on Unsplash Despite the 52% return in artificial intelligence and related (AI&R) stocks in 2023, as measured by the 91 constituent Global X Artificial Intelligence and Technology ETF (AIQ), a number of them exhibit more room to run in 2024 given their excellent valuation metrics as measured by their Price-to-Earnings (1-year) Growth Ratio over […]
Stocks And Precious Metals Charts – U.S. Banking System Ripe For Another Crisis

Stocks And Precious Metals Charts – U.S. Banking System Ripe For Another Crisis

The talking heads were assuring us today that stocks were retreating because they had become extremely over bought last week/year/Funny how they only tell us these things after the fact.The Dollar strengthened.Gold and silver were lower.The VIX remains fairly complacent.And so the new year begins.Have a pleasant evening. More By This Author:Stocks And Precious Metals […]
What Awaits Nasdaq ETFs In 2024 After Best Year Since 2020?

What Awaits Nasdaq ETFs In 2024 After Best Year Since 2020?

Image Source: Pixabay The tech-heavy Nasdaq Composite Index recorded the best annual performance since 2020, rising 43% in 2023. The Nasdaq-100, which tracks the top 100 stocks traded on the Nasdaq Exchange, posted its best year since 1999.The outstanding performance can be attributed to several factors, which are likely to persist in 2024.“Magnificent Seven” Surge: The so-called […]
Macro: Major Reports Holiday Week

Macro: Major Reports Holiday Week

Image source: Pixabay Case Shiller Home Price IndexThe annual price change for houses from Oct 2022 to Oct 2023 is 4.8%. Though the monthly price increases are slowing, the annual inflation rate will continue to rise because of the disinflation at the end of 2022. The max benefit of falling prices was Jan 2023, so expect […]
Fetch.Ai – At The Intersection Of Blockchain And Artificial Intelligence

Fetch.Ai – At The Intersection Of Blockchain And Artificial Intelligence

Two sectors that are vastly outperforming the markets, driving rapid growth and generating massive returns are cryptocurrency and artificial intelligence.Bitcoin is up over 150% in 2023, while several of the altcoins that we track are up 10x or more in the same time period. This bounce is coming after a brutal 2-year bear market in […]
The Best And Worst Performing Sectors In 2023 
                    

2023 Losers

What’s Next for 2024?

The Best And Worst Performing Sectors In 2023 2023 Losers What’s Next for 2024?

In 2023, the U.S. stock market saw surprisingly strong returns, even as interest rates climbed higher.The S&P 500 rose over 24% amid exuberance around AI stocks and big tech, lifting returns across the index. Traditionally defensive stocks, on the other hand, declined. Overall the stock market recovered losses from 2022’s plunge, and is now hovering […]