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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 advances marginally around 1.1650 ahead of US data

EUR/USD manages to ragain some poise on Wednesday, posting humble gains around the 1.1650 zone in a context of a modest selling pressure on the US Dollar prior to the release of Retail Sales and Producer Prices.

GBP/USD eases from tops, back to 1.3440

GBP/USD trades on the positive foot on Wednesday, receding from earlier highs around 1.3460 and revisiting the 1.3440 region amid a modest uptick and some selling interest surrounding the Greenback ahead of US data.

Gold looks bid, targets $4,650

Gold prices rapidely leaves behind Tuesday’s pullback and reaches record highs near $4,640 on Wednesday. The yellow metal’s uptrend remains propped up by Fed rate cut bets, lower US Treasury yields across the curve, and the slight downtick in the buck.

US Retail Sales expected to arrive moderately higher on Wednesday

The United States Census Bureau will publish November Retail Sales on Wednesday. The delayed data is expected to show that sales rose a modest 0.4% in the month, following no change in October. The figure is relevant as it corresponds most closely with the consumer spending component of Gross Domestic Product.

US economic outlook: January 2026

Jerome Powell's eight-year tenure as Chair of the Federal Reserve is coming to a close during a period of intense pressure on the US central bank and divided views among policymakers about the appropriate stance of monetary policy.

Meme Coins Price Prediction: DOGE, SHIB, and PEPE rally, catching Bitcoin's second wind

Meme coins such as Dogecoin, Shiba Inu, and Pepe recorded gains of 7% to 14% on Tuesday, signaling a potential reversal to the upside. DOGE and SHIB hold steady after the bounce back while the frog-themed PEPE extends gains, signaling further upside potential.