Stocks to Watch for 25 May 23 From A.I. model
Today (25 May 2023) the premarket NASDAQ futures edge higher, reason might be due to the strong earnings report by Nvidia(NVDA) and related AI and chips stocks are also benefitting from it.
I would expect the market to open higher on NASDAQ.
Today, I think today my trading strategy would be into Ai and Chip stocks.
Result from 24 May 2023.
Elite Education Group International Ltd(EEIQ) has performed well, but PacWest start to lose the surge.
Here is the predicted result for today (25 May 23)
Today we have AI and chips stocks including Alphabet because the strong earnings report from Nvidia (NVDA) seems to have boost the investors confidence.
$C3.ai, Inc.(AI)$ . would benefit as a software provider for A.I., $Advanced Micro Devices(AMD)$ would benefit by providing the chipset for laptop and desktop which would be used to run A.I.
Trading View - C3.ai
Now the bull strength is not strong, I would wait till around 8am(EST) to see how AI would trade, before deciding whether to go in.
Trading View - AMD
Now the bull strength is not strong, I would wait till around 8am(EST) to see how AI would trade, before deciding whether to go in.
Sentiment Analysis of predicted result
Most of the sentiments for these 5 stocks are positive (above 0). This might explain why there is a nice surge in premarket for these 5 stocks.
Summary
Do take cautious in trading stocks that has risen on news, this might be a short term surge.
I will monitor closely how it will be trading 1-2 hours in premarket before actual trading starts at 9.30am(EST).
Appreciate if you could share your thoughts in the comment section how would you be trading today?
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@TigerStars appreciate if you could feature this article so that fellow tiger would benefit from my investing and trading thoughts.
Disclaimer: The analysis and result presented does not recommend or suggest any investing in the said stock. This is purely for Analysis.
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offering both an upgraded graphics card and a cheaper price. However, the new card really isn't that much better than the old card, and the price reflects it. How do they truly win against the competition with the same old, now inferior tech?
We are experiencing a technology revolution, just like internet and WWW. during internet boom, network equipment companies like CSCO, LU NT, JNPR, all thrived. now the demand for fast computing XPU are just like network companies during internet boom, we have NVDA, AMD only (unfortunately INTC is falling behind). The sky is unlimited!
MSFT & AMD will take market share away from NVDA. Reason is software. NVDA software based off CUDA which is propriety is not something the king of software MSFT is going to let happen. Watch this development.
This stock WILL go up in the near future above $45 in the next 2 months. You will make a huge profit as long as you hold. Short term buyers and bearish outlooks will quickly realize they missed a great opportunity. $70+ 2024.
The stock is a bargain under $500. AI is the future. This company will be huge. Soon. The market cap can go to $10 trillion in a couple of years.
AMD destroying shorts lives yet again. Why are shorts such bitter losers. Just buy and hold baby
Thanks NVIDIA. Told you NVIDIA’s gain would be AMD’s gain as well. Y’all were hoping for NVIDIA to disappoint..
Every business is going to use this software to optimize their company.
Don't believe the naysayers. This stock is the best of the best.
AI C3 is a solid company with no base for stock to drop.
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