![]() ![]() give this market a moment to digest these gains. …January will be a positive month and that should bode well for the rest of the year as well. …we must be more cautious and risk averse. ![]() …we will see the next leg lower before we see the next leg higher. …the benefit of the doubt does belong to the bulls, but that doesn’t mean that I want to back up the truck and buy the market. …as we move into more choppy waters, it would be smart for investors to stand aside and let the trends turn back positive (remember, cash is also a position) or begin to acquire the skills of trading. stock market, including links to evaluations of the commentaries of other individual market pundits and gurus.Ĭomments from: David Nassar via See Guru Grades for a snapshot of the accuracy of various experts in predicting the direction of the U.S. David Nassar’s column has been discontinued.David Nassar’s forecast sample size is small and the sample period short, so confidence in the measurement of his accuracy is low.We do not evaluate those specific recommendations. He sometimes also speculates about the prospects for sectors, commodities and individual stocks.If he has a bullish bias, it would not show up in this sample. Nassar is available over a period when the stock market has significantly declined. He uses a combination of fundamental factors and technical factors to derive his forecasts, leaning substantially toward the latter for short-term predictions.Red plus (minus) signs to the right of specific forecasts indicate those graded right (wrong) based on subsequent market behavior, while red zeros denote any complex forecasts graded both right and wrong. Grading takes into account more detailed market behavior when appropriate. David Nassar is the chairman and chief executive of, “a company built by traders and investors offering quality university level education with enduring benefits.” Their mission is “to support traders and investors in their quest to achieve financial freedom and success, while sharing the passion and trading skills of our instructors with our students.” The table below quotes forecast highlights from the cited source and shows the performance of the S&P 500 Index over various numbers of trading days after the publication date for each item. ![]() Recently, David and his wife Jennifer have moved to Franklin, TN to begin a new chapter as they lead a non-profit organization, the For Others Collective.ĭavid continues to be a highly regarded communicator who speaks at churches, conferences, and festivals, as well as consults with a variety of organizations on the topics of culture development, leadership, and systems building across the globe.As suggested by a reader, we evaluate here the market commentary of David Nassar via MarketWatch for November 2004 through May 2006. For over 30 years, God has used and equipped David as a gifted evangelist, author, and campus pastor of the world’s largest collegiate ministry. Soon after his conversion from Islam to Christianity, he began pursuing his new-found calling in ministry. In 1979, 9 year-old David and his family were forced to flee their home country of Iran amidst a bloody revolution, seeking asylum in America as refugees.Īt age 18, after years of difficult assimilation to a new culture during a time when Iranian-American social and political tensions were high, David found hope and redemption through a relationship with Jesus Christ. ![]()
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