by Paul Lengemann, BullsNBears Economist | Dec 14, 2022 | AlphaTack Intel
Market experts Michael Markowski, Jim Chanos and Nouriel Roubini have predicted that the S&P 500 will decline by 45.5 to 77.4 percent from its January 4, 2022 all-time high of 4818.62. At its low for 2022 (3491.58, 10/13/22) the S&P 500 had declined by as...
by Paul Lengemann, BullsNBears Economist | Dec 11, 2022 | AlphaTack Intel
Michael Markowski, the developer of algorithms that have forecasted the S&P 500’s significant crashes for over a decade, has updated his forecast for the S&P 500’s bottom. His new forecast is for the S&P 500 to bottom at 1090.90. At this bottom, which...
by Nikkei.com | Dec 5, 2022 | AlphaTack Intel
TOKYO — Chinese automaker BYD will begin selling its first passenger electric vehicle in Japan next month for 4.4 million yen ($32,000), less than EV offerings from rivals such as Nissan and Tesla, as it accelerates its global expansion. The carmaker, initially known...
by Brian Sozzi, yahoo.com | Dec 5, 2022 | AlphaTack Intel
One of the market’s biggest skeptics is going back to his old ways. Morgan Stanley strategist Mike Wilson cautioned that the rally that has enveloped markets in recent weeks is long in the tooth and overdue for a breather. “As predicted, falling interest...
by Joanna Ossinger, Bloomberg.com | Dec 5, 2022 | AlphaTack Intel
(Bloomberg) — Speculators cleaving to the view that the crypto rout is mostly over are at risk of a rude awakening in 2023, according to Standard Chartered. A further Bitcoin plunge of about 70% to $5,000 next year is among the “surprise” scenarios that markets may be...
by Sophie Mellor, Fortune.com | Nov 30, 2022 | AlphaTack Intel
Morgan Stanley chief investment officer Mike Wilson was once the only strategist on Wall Street bearish enough to predict the S&P 500 would fall to 3,900 by the end of the year. Now as the S&P 500 lingers around 3,950 and Wilson’s predictions become a reality,...
