Forecast Friday 📈
Median 15 day forecast: SP500 ▲+0.9% | BTC ▲+3.4% | 10Yr Treasury Yld ▲+1.3% | VIX Volatility ▼-10.0% (as of 12/21/23)
This market is extraordinary.
The S&P500 keeps launching higher, but there was some obvious profit taking this week. I still think the market is due for some consolidation, but the model says 🚀🚀🚀.
Bitcoin is also on a massive run. The model didn’t see that coming, but the model didn’t have many correlation matches.
The 10-Year Treasury Yield is expected to tick back up, according to the model, but it doesn’t have much confidence in that prediction (low “robustness” score).
The VIX Volatility Index is interesting. The model correctly predicted on December 3rd that it would increase. Now the model is calling for a significant decrease in volatility
Note: This is for informational purposes only and is not intended to be personal financial advice; be cautious — there is always risk involved with financial decisions!