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AroniSmartIntelligence™ and AroniSmartInvest™ Stock Market Sentiment and NLP Analysis: Market Sentiment and Highlighted Stocks in Late Q1 2024

In Q1 2024, Stocks across industries  experienced, yet an unprecedented upward momentum. The momentum followed   the dynamics 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. In Q1 2024, the gains observed in Q4 2023 increased, far outpacing the declines at the end of Q3 2023.  At  the end of Q4  2023 the stocks prices  were on the rise. In Q1 2024 they built on  that momentum. The positive momentum appeared to be driven by the diminishing challenges, which led to the stocks and indices pushing through the beginning of 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  appear to have a limited  impact on  the dynamics. Hence, the performance  and factors from the end of year 2024 remains 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.

Q4 2023 was marked by strong resilience and ended with records performance, after a period with complex dynamics and given the current market factors, including the wars around the World, the US political situation, inflation and interest rates, and earnings seasons. 

The stock market  experienced  an upward momentum in the first week of Q4 2023. However, in the second week, there were some unexpected world challenges with potential impact on Oil prices, technology, inflation, consumer confidence, and the projections following the earnings reports. These challenges impacted all the stock indices. The same 

September 2023  ended with  significant declines across all market indices, except Silver Dec 23 (SI=F) and Gold Dec 23 (GC=F).

Since October 2023 and pushing through the end of  2023, , the indices  resumed their growth, experiencing improving trend  with  the following performances,  Since October 2023 and Year-to-Date (YTD) as  of March 22, 2024: 

  • NASDAQ Composite (^IXIC):   23.79% and 11.26%;
  • Dow Jones Industrial Average (^DJI):  16.08% and 4.67%; 
  • S&P 500 (^GSPC):  20.64%. and  10.36%;
  • Crude Oil  index (CL=F): -9.60% and 14.81%;
  • Russell 2000 (^RUT): 16.13% and 2.94%;
  • Gold Dec 23 (GC=F): 2.31% and  2.16%;
  • Silver Dec 23 (SI=F):  0.22% and -3.45%;
  • CBOE Interest Rate 10 Year T No (^TNX):  -14.63% and 6.88%; 
  • Chicago Board Options Exchange's CBOE Volatility Index:  -22.72% and  -1.06%;

Since the beginning of January 2024,  the performance among the market indices has been mostly rising, with the Dow Jones Industrial Average (^DJI) by 4.67%, the  Nasdaq (^IXIC)  by 11.26%   and S&P 500 (^GSPC)  by 10.36% , and the Russel  2000 (^RUT) by 2.94%.

 At the beginning of Q1 2024  the  inflation seemed to be receding, the job market  looked like  slowing down, and  the fears of recession focused on a slow  soft landing. Hence,  the expectations of  the Federal Reserve ending the rate hikes and moving to cutting the rates were very high.  The interest rate cuts  were expected to sustain the stability of the market, as companies seemed ready cut the costs of borrowing and to sustain profitability.  However, the inflation upward trend has remained.

At  the beginning  of the year, it was expected that the first interest cuts would come in the Apr/May 30-1 meeting.  However, based on the reports and statements from the meetings over Q1 2024, the timelines for the interest cuts have been pushed well further, most likely in Q4 2024. The  Q2 2024 meetings of the Federal Reserve Open Market Committee (FOMC)  are planned for :  Apr/May 30-1 ; June 11-12 ; July 30-31. 

Meanwhile, as highlighted in the February 2025  analysis by AroniSmart™ Team,  Big Tech Companies have been engaged on the road to Artificial Intelligence,  focusing on  Generative Artificial Intelligence (AI) and improving  their Machine Learning capabilities (see AroniSmart™ Tech: Race for Artificial Intelligence (AI) Among Big Tech Companies Gaining Momentum - NVIDIA, APPLE, META, ALPHABET, AMD, INTEL. Let Us Revisit AI).  In Q1 2024, most of these Big Tech companies like META, APPLE, NVIDIA, AMD,  INTEL, and others  have continued to harvest the results. 

The results of the analysis using both AroniSmartIntelligence™ and AroniSmartInvest™ are below:


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Dynamics and  Trends in Late January 2024.

The key findings highlight:  Most of the stocks highlighted in early Q1 2024 analyses continued to drive the dynamics in late Q1 2024 and have maintained their impact throughout Q1 2024. Most  maintained their upward trend and overall  significant increase after a decline or a flat performance  in the middle of January and February, and March 2024  (AroniSmartIntelligence™ and AroniSmartInvest™ Stock Market Sentiment and NLP Analysis: AroniSmartIntelligence™ and AroniSmartInvest™ Stock Market Sentiment and NLP Analysis: Market Sentiment and Highlighted Stocks in Mid December 2023).

 Trend wise,  the challenges in the first month of Q1 2024, were faced and  the market dynamics fueled the upward trend in February  2024  and continued the momentum in March 2024. 

The insights below are based on the data as of  March 25, 2024. AroniSmart™ team will continue to update detailed analyses.


AroniSmartIntelligence Sentiment Analysis Stocks - November 12 2023 - AroniSmartInvest Modules

Fig 1-a: AroniSmartInvest Modules

AroniSmartIntelligence Sentiment Analysis Stocks - November 12 2023 - AroniSmartIntelligence Modules

Fig 1 -b: AroniSmartIntelligence Modules

AroniSmartIntelligence Sentiment Analysis Stocks - March 25 2024 - Market Profile: Stock Segmentation

Fig 2-a: Market Segments

Market Profile Stocks to Watch - March 25 2024 - Market Profile: Stock Segmentation

Fig 2-b: Market Profile Stocks to Watch

Market Profile: Short Term Growth Stocks - March 25 2024 - Market Profile: Stock Segmentation

Fig 3-a:Market Profile: Short Term Growth Stocks

Market Profile: High Perforrming  Stocks - March 25 2024 - Market Profile: Stock Segmentation

Fig 3-b: Market Profile: High Performing Stocks

Market Profile: Long Term Growth  Stocks - March 25 2024 - Market Profile: Stock Segmentation

Fig 3-c: Market Profile: Long Term Stocks

 

Market Profile: Long Term Growth  Stocks - January 25 2024 - Market Profile: Stock Segmentation

Fig 3-d: Market Profile: Reversal Up Stocks

 

AroniSmartIntelligence Sentiment Analysis Stocks - January 25 2024 - Market Profile: Stock Segmentation

Fig 3-e: Market and Stock Segmentation

AroniSmartIntelligence Sentiment Analysis Stocks - March 25 2024 - Market Profile: Stocks to Watch and Sentiment Market Profile and Sentiment: Key Fig 3-Fig 3-f: Stocks to Watch and Tags


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AroniSmartIntelligence Sentiment Analysis Stocks - March 25 2024

Fig 4-a: Sentiment Analysis: Stocks to watch A - D

AroniSmartIntelligence Sentiment Analysis Stocks - March 25 2024

Fig 4-b: Sentiment Analysis: Stocks to watch D - M

AroniSmartIntelligence Sentiment Analysis Stocks - January 25 2024

Fig 4-c: Sentiment Analysis: Stocks to watch M- X

AroniSmartIntelligence Sentiment Analysis Stocks - March 25 2024

Fig 4-d: Sentiment Analysis: Stocks to watch WW - X and Word Tags


NLP Sentiment Analysis: Key Word Tags

 

 

AroniSmartIntelligence Sentiment Analysis Stocks - March 25 2024

Fig 5-a: Sentiment Analysis: Word Tags A - E

AroniSmartIntelligence Sentiment Analysis Stocks - March 25 2024

Fig 5-b: Sentiment Analysis: Word Tags E - J

AroniSmartIntelligence Sentiment Analysis Stocks - March 25 2024

Fig 5-c: Sentiment Analysis: Word Tags J - P

AroniSmartIntelligence Sentiment Analysis Stocks - March 25 2024

Fig 5-d: Sentiment Analysis: Word Tags L - P

AroniSmartIntelligence Sentiment Analysis Stocks - March 25 2024

Fig 5-e: Sentiment Analysis: Word Tags P - S

AroniSmartIntelligence Sentiment Analysis Stocks - March 25 2024

Fig 5-f: Sentiment Analysis: Word Tags S - U

AroniSmartIntelligence Sentiment Analysis Stocks - March 25 2024

Fig 5-g: Sentiment Analysis: Word Tags U - W

AroniSmartIntelligence Sentiment Analysis Stocks - March 25 2024

Fig 5-h: Sentiment Analysis: Neural Tree


Bayesian Modeling and NLP analysis: Stocks to Watch and High, Short, and Long Term Growth Stocks

AroniSmartIntelligence Sentiment Analysis Stocks -  March 25 2024

Fig 6-a: Stocks Bayesian Network View: Watch, High Performing and Short Growth

 

 

AroniSmartIntelligence Sentiment Analysis Stocks - March 25 2024

Fig 6-b: Sentiment and Tags: Some Stocks to Watch and Key Tags Sentiment - Rectangular View

 

AroniSmartIntelligence Sentiment Analysis Stocks - March 25 2024

Fig 6-c: Sentiment and Tags: Positivity and Some Stocks to Watch - Circular View.

 

AroniSmartIntelligence Sentiment Analysis Stocks - March 25 2024

Fig 6-d: Sentiment and Tags: Positivity and Some Stocks to Watch - Helix View.

 

More detailed analyses can be conducted using AroniSmartIntelligence™ Big Data, Machine Learning, Time Series and Sentiment Analysis capabilities.

For  more on AroniSmartIntelligence and AroniSmartInvest capabilities, visit AroniSoft web site by clicking here. AroniSmartInvest™ and AroniSmartIntelligence ™ are available on Apple's App Store.

 

©2024 AroniSoft LLC


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AroniSmartIntelligence™, the leading tool for Advanced Analytics, Machine Learning & Data Science

Statisticians, Data Scientists, Business and Financial Analysts,  Savvy Investors, Engineers, Researchers,  Students, Teachers, Economists, Political Analysts,  and most of  the practitioners use Advanced Analytics to answer questions, to support informed  decision making or to learn.

AroniSmartIntelligence™ is a leading Advanced Analytics, Machine Learning and Data Science tool, with optimized cutting edge Statistics models, Econometrics, Big Data and Text Analytics.

AronismartIntelligence™ includes modules covering Machine Learning and Big Data mining, Unstructured Text Analysis, Sentiment and Emotion Analytics, Bayesian Statistics and other advanced analytics.



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