What’s YOUR Prediction for 2022?
This past week has been quite a zoo:
- February 1 – The Year of the Water Tiger kicked off the Chinese New Year with Chinese astrologers saying March may be problematic and September may disappoint too but overall it’s a good year for shipping and cross-border trading. “The noble tiger will lead us on a journey of twists and turns that finishes on a high note.” I guess we’ll see!
- February 2 – Groundhog Day! A great movie but Punxsutawney Phil saw his shadow even amidst a storm named Landon so we are in for a longer winter (meteorologists beg to differ – I’ll go with the data-driven forecast personally) It’s interesting to note that the Journal Finance Research Letter has found an anomaly in Groundhog Day markets, “There are significant positive abnormal returns around the “prediction” of an early spring, while buy-and-hold returns around the “prediction” of a long winter are 2.78% lower.”
Now let’s separate from annual rituals and take a hard look at the markets:
- This week started with bullish trends setting up in our A.I. forecasts as earnings reports continue to flow in, the economy is doing well, and jobs claims remain low. The Fed maybe waving the red flag in the future but for now the bulls are calmly driving up the markets. Our traders have been able to track these trends and find opportunities with our IntelliScan and patented Intermarket Analysis features.
- But we have to be aware that the bears are lurking in the form of that inflation red cape and a pending monetary bubble that could go kaboom at any minute. We’ve written quite a bit about what could be coming on our blog so that traders can start creating their trading plans and integrate them with what they are seeing in VantagePoint.
This is one of those times when I am so relieved that we have something to offer traders to help them not only protect their trading but to also see trends and take full advantage of them. There are important patterns developing that it would take you and me days, if not weeks, to detect.
THANK GOODNESS for the computing power of A.I.!
It’s fun to consider the possibilities and thankfully, thanks to our software, you can enjoy the delightful zoo without risking life and limb in the markets. While we may have a good giggle about all these fun “indicators”, it’s the data-driven wisdom of artificial intelligence that lets us sit back, relax, and enjoy the fun of guessing….and then set our trades with confidence rather than hope, fear, or a groundhog’s shadow.
If you haven’t seen VantagePoint or you’re ready to become part of our Vantagepoint family, join us at a free training or email us to set up a personal, one-on-one demonstration and get a free forecast for the market of your choice.
And, VantagePoint traders, if you’d like to learn even more about your software, email us or access the schedule of our online trainings available to our entire Vantagepoint family through your customer portal.
