AroniSmartIntelligence Stock Market Indices Time Series Support Vector Machine, Neural Network and NLP Sentiment Analysis
In Q2 2024, Stocks across industries have continued to experience, yet an unprecedented upward momentum. The momentum built on the dynamics of Q1 2024. Hence, the market has continued to reinforce the foundation of Q4 2023, which overtook the challenges at the end of Q3 2023, when all the key market indices, excluding Crude Oil (CL=F) and 10-Yr Bond (^TNX), declined from the top reached in late July 2023. By mid Q2 2024, the gains observed in Q1 2024 continued to increase. The positive momentum appears to continue to be driven by the diminishing challenges, which led to the stocks and indices pushing through Q1 2024 with a significant improvement in performance. Hence, since Q4 2023, the stock market adjusted to the previous dynamics that have been leading to increasing market volatility, including inflation, world events, and other challenges that started in late Q2 2022 and in October 2023. The US elections in 2024 continue to have a limited impact on the dynamics. Hence, the performance and factors from the end of year 2024 remain the main drivers. On March 25, 2024, AroniSmart™ team, leveraging the NLP, Text and Sentiment Analysis, Machine Learning Econometrics and Time Series capabilities and Dominance Analysis of AroniSmartInvest ™ and AroniSmartIntelligence™, looked at the stock markets news and trends.