Week 12 - Crypto, Pharmaceuticals, Therapeutics stocks to watch!
I have done a summary of what my A.I. model has predicted for Trading Week 10 (06-10 Mar) and Week 11 (13-17 Mar).
Please refer to this article for Week 10 analysis.
Week 10 Analysis on Prediction. Stocks to Watch: Therapeutics, Pharmaceuticals
There have been days of volatility, I would like to see a trend of how the model has analyze both economic data and sentiment analysis.
Here is a summary below, you can view the video attached for the detailed predicted result and accuracy for each trading days in those 2 weeks.
What has worked but under what condition?
When NASDAQ drop or rise slightly, bio, crypto, pharmaceutical stock seem to have performed well from the predicted result and hence accuracy. This can be seen on 08 Mar 2023.
But there are also other factors to consider when during the actual trading day (e.g., live or latest news, etc)
When NASDAQ has fallen more than 2% (09 Mar 2023) or rose very slightly, therapeutics stock seems to do well. This can be seen on 15 Mar 2023.
What has not worked but under what condition?
From what I have observed, I would think that it would be advisable to stay away from bank stocks and tech stocks now.
We are still waiting for the UBS takeover of Credit Suisse, we do not know if they can make it before Trading open on 20 March 2023 for both the Asia, Europe, and US market.
I will wait for my A.I model prediction and share what it has actually predicted and given any indications whether Crypto stocks will remain strong (remember to follow Bitcoin (BTC-USD) price movement closely if you are into Crypto stocks.
Do like, share and comment on this article if you find this trading thought useful.
@TigerStars appreciate if you could feature this article so that fellow tiger would benefit from my trading thoughts.
Disclaimer: The analysis and result presented does not recommend or suggest any investing in the said stock. This is purely for Technical Analysis, and there are many other indicators that need to be look at together. (e.g., Price Action, Volume, etc.).
Stocks To Watch?(Single choice)Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
加油
加油加油
Ok