Friday, October 18, 2024

Netflix’s Crucial Earnings Pop, and Is AI Going to Take Over Trading?

Join me at 9:15 a.m. ET for “Morning Monster”!
 
   
     

Netflix’s Crucial Earnings Pop, and Is AI Going to Take Over Trading? 
 
 
Netflix reported earnings after the close on Thursday. The stock is up over 6% this morning. While NFLX might not be a top 7 tech stock (aka Magnificent 7), it can be indicative of what we might see from big tech in the coming weeks.

Come join me as we dive in and see what is moving!

Plus, as always, we have stocks popping and dropping so come find out what is moving this morning as I look for stocks and do some live premarket analysis on SPX, SPY, NDX, QQQ, Russell, IWM and other stocks that are potential plays for the day. 

 
— — — 

Is AI Going to Take Over Trading? 

AI has been a fascination of mine for over two decades, and it’s only now that the technology has caught up to my vision. I’ve been working on this problem for 20 years — building an AI that can trade the stock market — and it’s been one heck of a journey.

When I started learning to code back in the ’90s, I caught a lot of flak. Civil engineers weren’t supposed to care about programming, but I saw it differently. 

Computers were everywhere, and they weren’t going away. 

I wanted to know how to make them work for me, so I went all in — even took graduate-level AI courses as an undergrad. One of my professors told me that creating an AI capable of predicting the stock market was impossible. 

That only fueled my determination.

The challenge wasn’t just the randomness of the market — it was the lack of computing power. For years, the hardware simply wasn’t there. But now, with modern supercomputers and the tools available today, the pieces are starting to come together.

I’ve developed algorithms like Apollo and Echo, and they’ve shown me the potential of AI in trading. But it’s not just about crunching numbers anymore. I’m now working on using visual AI — letting the system analyze thousands of charts to identify patterns I might miss. 

If I can show the AI what works and what fails, we could be looking at something game-changing.

The idea is simple: Combine the raw power of AI with the precision of my trading strategies. Apollo has already proven itself with certain entry points, but the next step is cutting out the losers. If I can show the AI enough historical data and real charts, it could learn to spot high-probability setups — and avoid the pitfalls that trip up even the best traders.

This isn't just a side project — it’s where the future of trading is headed. 

Think about it: AI has already taken over fields like self-driving cars and voice recognition. Trading is next in line, and I’m working hard to be at the forefront of that revolution.

We’re not there yet, but I’m getting close. I’m training these AI systems in the background, testing them against each other to see which one performs best. 

It’s a long process — but if it works, it could change everything. 

And I’m not keeping this tech locked away. My long-term goal is to bring it to you — to the traders who are looking for an edge in an increasingly competitive market.


Today’s Daily Chart Setup: Innodata Inc. (INOD)  
 
 
This idea came directly from my Daily Chart Setup that automatically signals potential plays. 
 
INOD is a new potential entry. Target: 22.82 Stop below: 12.02
INOD has a historical win rate of 94.12%
INOD has a profit factor of 5.133
INOD trades last 106 trading days on average over 17 trades since 1993.

This is for informational and educational purposes only. There is inherent risk in trading, so trade at your own risk. Always remember that past performance is not indicative of future results.

You can find full details on exactly how this works by scrolling down further in this newsletter. 

Now be sure to join me live at 9:15 a.m. ET for “Morning Monster,” my market-open livestream on YouTube!

 
 
‘Morning Monster’ Is Starting NOW!
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Wall Street Keeps Making This BIG Mistake…
 
 
And nobody in the financial media seems to be talking about it.

I'm Jeffry Turnmire… and for the past 16 months, I've been exploiting a bizarre pricing error that keeps happening on one overlooked ticker.

Here’s the gist… Wall Street's algorithms are consistently mispricing this stock's options… 

Like clockwork, this happens 20-30 days before expiration, EVERY SINGLE TIME!

And because this seems to happen more often than not allowed me to issue 84 trade alerts without a single loss.

Without using any fancy algorithm or AI system… All I needed was a regular brokerage account.

On average, this “Income Glitch” targets $2,156 in extra income each month from a $10K starting stake.

Now, as a trader, I know how important it is to double down on something when it’s coming, even though I doubt Wall Street will ever realize this mistake keeps happening… 

I can never be too certain.

And while I cannot promise future returns or against losses, on Friday I’m holding a workshop to show you exactly how I’ve been doing this for the past 16 months, and have you look over my shoulder to see how you can start using this “Income Glitch” with us!

 
 
Secure Your Seat here!
*The profits and performance shown are not typical, we make no future earnings claims, and you may lose money. From 6/28/22 to 10/10/24 the win rate is 100% over 84 published alerts *(see footnote). The average return is 7.25% with an average hold of 13 days. Annualized the return on options is 233.63% per year without compounding.
_____________________________________________________
How the Daily Chart Setup Works
 
 
Here’s a more detailed description of how the pattern triggers:
 
1. The price breaks upward through the orange Market Roadmap Line. 

2. Then the price goes up and down while staying above the line. Eventually, it comes down to touch the line again — this could take days, weeks or even months. 

3. Once it touches the line and starts moving back up, that signals an entry. 

I use Fibonacci levels for for profit targets and stop losses, and these two tools combined have helped me achieve a 77% win rate over the past six-plus years!

You can grab my Market Roadmap Indicator here for just $5 — less than a cup of coffee at most places!
Jeffry Turnmire
Jeffry Turnmire Trading

I host my “Morning Monster” livestream at 9:15 a.m. ET each weekday on YouTube, and then “30 Minutes of Awesome” at 5 p.m. ET each Tuesday!

Please check out my channel and hit that Subscribe button!

I’m just a regular dude in Knoxville, Tennessee: a husband, father, civil engineer, urban farmer, maker and trader.

I've been at this trading thing with real money for 20-plus years, and started paper trading over 35 years ago. I have a knack for making some epic predictions that just may very well come true. Why share them? Because I like helping other people — it's the Eagle Scout in me. 


*This is for informational and educational purposes only. There is inherent risk in trading, so trade at your own risk. 
   
 

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