Market Technician

Week Ahead: 6 Jan, 2025 The upcoming week promises to be an intriguing one for financial markets as investors remain cautious and focused on key developments. Major markets have continued to trade within a defined range , reflecting a wait-and-see attitude as participants anticipate the upcoming corporate earnings season. Additionally, much attention is directed toward the policies of US President-Elect Donald Trump, who is set to be inaugurated later this month. Market watchers are eager to discern how his administration's approach might influence economic and regulatory landscapes. In notable individual stock activity, Warren Buffett has made headlines with increased stakes in several companies. Over the past two weeks, Berkshire Hathaway has added to its positions in Occidental Petroleum (OXY), Sirius XM Holdings (SIRI), and VeriSign (VRSN). These moves continue to showcase Buffett's long-term investment strategy and his confidence in these businesses. Lastly, investors sho...

Historical Stock Market Performance During the Year of the Snake (2025) Introduction: The Chinese zodiac plays a fascinating role in shaping cultural beliefs and behaviors. Among the 12 zodiac animals, the Year of the Snake is often associated with intelligence, caution, and financial shrewdness. We take a simply review of three key indices, S&P 500, Hang Seng Index (HSI), and Straits Times Index (STI),  annual performance  during the Year of the Snake. Key Observations from the Data: S&P 500 Performance: Average annual return: 0.47% . Win/Loss ratio: 37.5% (3 years of gains vs. 5 years of losses). Notable years: 1989 marked a robust gain of 27.25% , while 1941 saw a steep decline of -20.22% , coinciding with global tensions during World War II. HSI Performance: Average annual return: -5.36% . Win/Loss ratio: 66.67% (2 years of gains vs. 1 year of losses). Notable years: The index's strongest year was 1989, with a return of 5.55% , while 2001 suffered a severe decli...