Make This AI-Driven Choice Instead of Chasing NVDA
By -Edward Lance Lorilla
March 03, 2024
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TradeSmith's newest tool upgrade can improve all of your AI trades
Note from Michael Salvatore, Editor, TradeSmith Daily: Last week marked the biggest development in our business in close to a year.
We released An-E 2.0, a major evolution of our A.I. technology that's designed to turn An-E's price forecasts into huge short-term profit opportunities.
The response has been overwhelming so far. Tens of thousands signed up to watch the launch presentation, where TradeSmith CEO Keith Kaplan showed An-E 2.0 in action and gave out the name of one of its first three recommendations.
Keith has brand-new details on An-E for you below, including how it's forecasting the share price of one of the hottest A.I. stocks in the market… and how you could turn it into a windfall by this time next month.
Make This AI-Driven Choice Instead of Chasing NVDA
By Michael Salvatore, Editor, TradeSmith Daily
It's NVIDIA Corp.'s (NVDA) world — we're all just living in it.
Even if you're not actively keeping up with the technology company's every move, there's a chance you reaped the rewards of its stellar earnings report last week…
The S&P 500 closed at 4,981.91 on Wednesday, and on the heels of NVDA's rally, it reached to a new high of 5,094.33 the next day, later rocketing to an all-time high of 5,111.06 on Friday.
Even the not-so-tech-heavy Dow approached (but did not quite reach) 40,000.
In the week since, the market and NVIDIA itself have settled down, but the path NVIDIA has traveled to reach its current level has been fast and furious.
From its close on March 1, 2023, to its open on Feb. 29, 2024, NVDA's stock price has increased a staggering 248.46%.
For context, the rest of the "Magnificent 7" stocks have increased an average of 68.78% in the same time frame.
NVDA is king — if a little overbought — right now, and despite its success, you might wonder if any other big gains can still be made on the stock.
The meteoric rise of artificial intelligence over the past year has certainly bolstered NVDA's rise, and A.I. won't be leaving our conversations — or portfolios — any time soon. But even the most successful of monarchies come to an end, and a new ruler will eventually be crowned.
However, there is another way to play NVDA's continuing rise — and it doesn't involve dropping nearly $800 on a single share…
For the past decade, TradeSmith has spent $18 million and 50,000+ man-hours working on a secret A.I. project that could revolutionize the way you invest in the stock market.
On Wednesday, we showed a select group how it works. You weren't there, but if you want to see how this A.I. system can be used to create backtested returns of 900% or more, the replay is available for a limited time.
Artificial intelligence has long been portrayed in the media as an "anti-human" force that will come to raze civilization and annihilate humanity — in the far-off future, at least.
Science fiction writers have let their imaginations run wild with the concept, rendering A.I. to something that, until the fourth quarter of 2022, could be filed away with other fantasies like elves, magical rings, and eyeballs made of fire.
But with the arrival of ChatGPT and the rapid adoption of other A.I. applications over the past 15 months, we now know that A.I. is a massive, undeniable, and highly lucrative megatrend that will dominate headlines and moneymaking methods for years to come.
However, we are a long, long way from ever working "for" A.I.
A.I. is very much a tool at our disposal…
Even in the investing world.
Take TradeSmith's proprietary A.I.-powered algorithm, nicknamed "An-E" for "analytical engine," which debuted last spring…
After pouring millions of dollars, and thousands of man-hours into An-E, TradeSmith brought to the investing world something that no one had ever seen before: an algorithm, supercharged by artificial intelligence, that could estimate where nearly any stock could go in 21 trading days — or roughly one month.
And we're not talking a "maybe it'll go up" projection…
We're talking a down-to-the-percentage-point forecast.
Let's use the energy company Cheniere Energy Partners L.P. (CQP) as an example.
In March 2023, An-E predicted that over the following month, CQP would increase 5.80%.
Definitely nothing to complain about.
Realistically, however, CQP went on to move up 7.36%.
Now, imagine if you had the kind of power to see where our friend NVIDIA would be in the next 30 days…
It would certainly eliminate a lot of the stress around buying the stock – or any stock — at the right time.
But while what An-E has done in the past is impressive…
Including giving readers the chance for back-to-back wins of 6.53%, 3.41%, 9.32%, 6.52%, and 9.34% all in about one month…
This A.I.-powered algorithm has become more powerful than before.
Whether you're an investor or you don't have a single penny in the market today, you need to pay close attention to what's happening with A.I. I'm issuing an urgent A.I. Code Red that's about more than your finances. It's about your future.
TradeSmith is not registered as an investment adviser and operates under the publishers' exemption of the Investment Advisers Act of 1940. The investments and strategies discussed in TradeSmith's content do not constitute personalized investment advice. Any trading or investment decisions you take are in reliance on your own analysis and judgment and not in reliance on TradeSmith. There are risks inherent in investing and past investment performance is not indicative of future results.
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