Fourth Quarter Market Recap: A Look Back at the Markets and Portfolios Performance As we say goodbye to 2024 and step into the new year, it’s the perfect time to reflect on how the North American markets closed out the year. After an impressive third quarter, I was hopeful that the momentum would carry into […]
Author Archives: 1investor
Weekly Update for the week ending January 3, 2025
Many professional investors took a break for the Christmas holidays, leading to light trading in the Canadian and American markets. I also stepped back from closely tracking daily market moves, but one thing stood out—the absence of a Santa Claus rally this year. As a result, three of the four major indexes, with only the Nasdaq Composite Index (Nasdaq) spared, and all three of my portfolios posted losses for December, though they still managed gains for the year overall.
Weekly Update for the week ending December 20, 2024
It is the final week before Christmas, and the markets kept us on our toes with a flurry of economic data. But rather than dive straight into the numbers, I thought a little Christmas spirit would set the tone for this Weekly Update. So, without further ado, here is an investing spin on the classic ‘Twas the Night Before Christmas’!
ChatGPT: The Rise of AI
We are not in the era of Skynet – the rogue AI from The Terminator movies – just yet, but Artificial intelligence (AI) has moved from science fiction to everyday life, and tools like ChatGPT have become the poster child of this transformation. Launched just two years ago, ChatGPT isn’t just a tech innovation – it’s a prime example of how AI is reshaping the way we communicate, work, and even invest. For investors keen on spotting trends, understanding ChatGPT’s rise and its impact on industries offers valuable insights into how AI is driving change and creating new opportunities. But first, let’s start with the basics: what exactly is a chatbot?
Weekly Update for the week ending December 13, 2024
How Economic Indicators Influence the Stock Market
Ever wonder how the broader economy ties into your investments? Economic indicators like Gross Domestic Product (GDP), unemployment rates, and inflation serve as the heartbeat of the economy, giving us a window into its health and influencing stock market movements. Understanding these metrics can feel like unlocking a cheat code – helping you spot trends, anticipate changes, and make decisions with confidence. Let us explore these key indicators and their influence on your investments.
Weekly Update for the week ending December 6, 2024
December is here, bringing hope that this historically strong month for stocks will close out the year on a high note. 2024 has already seen indexes setting and breaking record highs, leaving investors eager for a festive flourish to finish the year. Historically, December has earned its reputation as a strong performer, thanks in part to the “Santa Claus rally.” This phenomenon often lifts markets during the last week of December and the first few trading days of January. While the rally is not guaranteed, several factors help explain why December tends to shine.