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Michael Berman, PhD Signal2Noise (S2N) News

S2N observations

Warren Buffet has done it again. Mr. Wonderful has increased Berkshire’s cash holdings to a record $347 billion and completely sidestepped all the market turmoil this year and resigned at the top of his game.

The famed investor delivered more than a 5,500,000% return on Berkshire’s stock. The man is a genius and someone who has made a real difference to the world with his prodigious talent.

Just a concluding thought about the stock market.

If you make the mistake of judging your performance every time you look at the performance of your portfolio, then you are bound to second-guess your decisions.

We now have many bears throwing in the towel thinking they made a mistake; this was a buy the dip moment. I disagree. Markets were very expensive prior to the tariff wrecking ball, and the reality of the situation still needs to wash through the system. Keep you on the prize and leave the day-to-day market prognosticating to the talking heads on TV and X. The S&P 500 is still in a -7% drawdown, which I believe will soon start to increase.

S2N screener alert

The S&P 500 has been up 9 days in a row, which has happened only 19 times in 50 years. The last time was in November 2004.

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Author

Michael Berman, PhD

Signal2Noise (S2N) News

Michael has decades of experience as a professional trader, hedge fund manager and incubator of emerging traders.

EUR/USD hits two-day highs near 1.1820

EUR/USD picks up pace and reaches two-day tops around 1.1820 at the end of the week. The pair’s move higher comes on the back of renewed weakness in the US Dollar amid growing talk that the Fed could deliver an interest rate cut as early as March. On the docket, the flash US Consumer Sentiment improves to 57.3 in February.

GBP/USD reclaims 1.3600 and above

GBP/USD reverses two straight days of losses, surpassing the key 1.3600 yardstick on Friday. Cable’s rebound comes as the Greenback slips away from two-week highs in response to some profit-taking mood and speculation of Fed rate cuts. In addition, hawkish comments from the BoE’s Pill are also collaborating with the quid’s improvement.

Gold climbs further, focus is back to 45,000

Gold regains upside traction and surpasses the $4,900 mark per troy ounce at the end of the week, shifting its attention to the critical $5,000 region. The move reflects a shift in risk sentiment, driving flows back towards traditional safe haven assets and supporting the yellow metal.

Crypto Today: Bitcoin, Ethereum, XRP rebound amid risk-off, $2.6 billion liquidation wave

Bitcoin edges up above $65,000 at the time of writing on Friday, as dust from the recent macro-triggered sell-off settles. The leading altcoin, Ethereum, hovers above $1,900, but resistance at $2,000 caps the upside. Meanwhile, Ripple has recorded the largest intraday jump among the three assets, up over 10% to $1.35.

Three scenarios for Japanese Yen ahead of snap election

The latest polls point to a dominant win for the ruling bloc at the upcoming Japanese snap election. The larger Sanae Takaichi’s mandate, the more investors fear faster implementation of tax cuts and spending plans.

XRP rally extends as modest ETF inflows support recovery

Ripple is accelerating its recovery, trading above $1.36 at the time of writing on Friday, as investors adjust their positions following a turbulent week in the broader crypto market. The remittance token is up over 21% from its intraday low of $1.12.