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AMT Top Ten Miscellaneous Spiders for the 1st of March 2024

AMT Top Ten List for the 1st of March 2024

10. Palystes: Huntsman spiders known in South Africa as 'rain spiders' are nocturnal and visit indoors, sometimes causing horror for those stumbling through hallways in the middle of the night. But it is better than a baboon entering the house.

9. Victor Wembanyama: Last night's stat line included 28 points, 13 rebounds, 5 blocks, 5 3pts made, 7 assists, 2 steals in less than 33 minutes played. The rookie is already one of the best NBA players. Btw, the Spurs beat the Thunder also.

8. Tech: Chinese cars are now in the crosshairs of U.S politicians who are worried the 'smart' vehicles can collect sensitive data from Americans.

7. Crypto: Bitcoin above 61,000.00 USD, Ethereum over 3,300.00, and Binance Coin testing 400.00 even as the company remains under U.S legal shadows. How much air can the balloons withstand?

6. Putin's Nuclear Threats: In a world with escalating geo-political tension, the Russian leader remains determined and energetic while playing 'war poker' against Europe.

5. U.S Data: Core PCE Index numbers yesterday met expectations, but the previous month's outcome was revised downwards. Today a Consumer Sentiment reading comes from the University of Michigan. This week's U.S data has mostly been pleasantly 'weaker'.

4. Central Banks: Fed 'watchers' are likely feeling more comfortable this morning regarding the possibility of a late spring 'thaw' in U.S interest rates. Jerome Powell will testify in front of the Senate next Thursday. The ECB will release their Monetary Policy Statement on the 7th of March also. Next FOMC pronouncements will be on the 20th of March.

3. Gold: The precious metal is near 2050.00 USD, this after yesterday's U.S inflation report, gold could remain volatile today. Some speculators may be looking for additional value to develop.

2. Forex: FX has been a constant battle the past two months, but patient traders with mid-term perspectives may be anticipating their weaker USD targets to trend more steadily.

1. Equities: Many global stock indices are achieving record levels as bullish behavioral sentiment creates upwards momentum. S&P 500, Nasdaq 100 and the Composite, Dow 30, Nikkei 225 and the DAX Index are flirting with higher values.


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