Carnegie Market Blog

 

Domino’s Pizza Finances are Rising and Consumer Credit is Better than Ever

Posted by Brent Luce on Mar 1, 2017 4:35:02 PM

Big Data Factoid

As we know, the amount of data we are creating is growing exponentially.  It is estimated that as much data has been created in the past two years than in the entire history of mankind before that.  What you probably did not know, is that only 10% of that information is publicly accessible.  According to IBM, 90% of data resides behind firewalls, just waiting to be accessed and analyzed by advanced technologies to create new insights.  MORE:  IBM Wants to Bring Machine Learning to the Mainframe

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Topics: Consumer Credit, $DPZ, $TGT, Lumber, Big Data

2017 Stock Market Contest

Posted by Brent Luce on Jan 17, 2017 4:43:23 PM

 

Stock Market Contest

Now is the time of year where people like to make predictions about the coming year, so please make your guess for the 2017 (12/31/2017 closing price on S&P 500) stock market contest by responding to this email or clicking here. You must respond before the next blog, which will likely be next week.  I hope many of you answer so we can have some “big data” on this subject matter.  Here is a five-year chart of the S&P 500 to help frame your guess:

S&P 500 (Five Years)

Congratulations to Todd Maugans, the 2016 winner who guessed 2240 – the S&P 500 ended up at 2238.83, so he was very close.  Interestingly, last year, the blog readers were somewhat bearish, guessing only a two percent rise in the market.  It turns out that the market beat 97% of your guesses (see chart below).  Last year’s guesses were split into two distinct groups, although even the bullish group mostly underestimated the end result.  I have some theories on how this year’s guesses will turn out, but I will keep those to myself so I do not bias you.  

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Topics: $GOOGL, Interest Rates, Strategist Predictions, Stock Market Contest, $DPZ, $AMZN

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