Oil🛢️🛢️⛽️is having an impact on our entire environment!!!!!
The macro environment also helped. Art Hogan, chief markets strategist at B. Riley Wealth, explained to Reuters that the drop in the price of oil and the yield on the 10-year U.S. Treasury “have gone from being headwinds to tailwinds for this market, at least in the short term.”
Analyst Ken Gawrelski from Wells Fargo raised his price target on Meta from 640 to 796 dollars on September 21 and, according to Yahoo Finance, noted that Muse and the Instinct assistant “mark the transition of chatbots to AI assistants for consumers,” and that “time-to-market is critical because AI assistants become more productive the more they are used.”
Since its launch on October 25, 2023, IT15 has accumulated +211.14%, with an alpha of +127.83 percentage points over the S&P 500—the highest cumulative return across the entire ProPicks platform, according to Barron’s.
$VOOG.ETF
The next test comes on September 24 (Wednesday night, U.S. time), when Mark Zuckerberg will headline the Meta Connect keynote with demonstrations of Muse and a possible presentation of the model called ‘Watermelon’. That presentation could amplify the optimism triggered by the September 21 rally or introduce corrections if the demonstrations fail to meet expectations. At the same time, the Fed’s interest rate futures market assigned a 50% probability on September 21 to a second rate hike in October 2026, according to CME FedWatch, which is the main valuation risk for the large-cap stocks that lead IT15.
The macro environment also helped. Art Hogan, chief markets strategist at B. Riley Wealth, explained to Reuters that the drop in the price of oil and the yield on the 10-year U.S. Treasury “have gone from being headwinds to tailwinds for this market, at least in the short term.”
Analyst Ken Gawrelski from Wells Fargo raised his price target on Meta from 640 to 796 dollars on September 21 and, according to Yahoo Finance, noted that Muse and the Instinct assistant “mark the transition of chatbots to AI assistants for consumers,” and that “time-to-market is critical because AI assistants become more productive the more they are used.”
Since its launch on October 25, 2023, IT15 has accumulated +211.14%, with an alpha of +127.83 percentage points over the S&P 500—the highest cumulative return across the entire ProPicks platform, according to Barron’s.
$VOOG.ETF
The next test comes on September 24 (Wednesday night, U.S. time), when Mark Zuckerberg will headline the Meta Connect keynote with demonstrations of Muse and a possible presentation of the model called ‘Watermelon’. That presentation could amplify the optimism triggered by the September 21 rally or introduce corrections if the demonstrations fail to meet expectations. At the same time, the Fed’s interest rate futures market assigned a 50% probability on September 21 to a second rate hike in October 2026, according to CME FedWatch, which is the main valuation risk for the large-cap stocks that lead IT15.
