Why this new A.I. could be “ChatGPT for investments”
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If you've turned on the news lately, you've undoubtedly heard the world is now being swept by an Artificial Intelligence or A.I. Revolution… I'm sure you know what I'm talking about…
News stories are coming out left and right about how A.I. is going to change everything from how we learn to how we work to how we communicate to how we shop…
And the spark that launched this revolution was last December's release of the breakthrough A.I. language processing program known as ChatGPT.
What made ChatGPT so amazing was you could ask it a complex question and it could give you an answer in a matter of seconds.
It could also perform other complex tasks involving language… for example, if you asked it to… it could write a poem in the style of Walt Whitman or describe Newton's laws of motion.
Well, imagine if you had a similar kind of program… only for the stock market.
Imagine you could ask an A.I. program what price Google stock is going to be next month…
Or how much the price of gold is going up or down…
And what if it could predict those outcomes with astonishing accuracy?
Well, believe it or not, one of the world's leading financial tech companies, a company called TradeSmith, launched a program recently that does exactly what I just described…
It's an A.I.-driven market forecasting system called An-E (pronounced Annie, short for Analytical Engine).
An-E can predict the price of nearly 3,000 stocks one month into the future, and it's often spot on or only a percentage or two off.
To get the full details behind An-E and how it can help you target winner after winner and avoid the losers, click here.
The unveiling of a new “mixed-reality” headset from Apple Inc. (AAPL) is more than just a news blurb — it could be a “make-or-break” moment for the iconic tech company.
Because according to data from our friends at LikeFolio, demand for Apple’s current roster of products is slipping…
You can see the slide in Purchase Intent (PI) mentions (how many people have bought or are talking about buying a product or service) on a year-over-year (YoY) basis in the chart below, with Mac mentions losing 36%, iPad mentions losing 32%, and mentions for AirPods falling 29%:
Even the iPhone is losing some steam, with mentions sliding by 28%.
Apple needs something new to capture consumers’ imaginations again and cause that same buzz that previously had people waiting in line for 110 hours to grab an iPhone.
Could this new “mixed-reality” headset be it?
To get the answer, I turned to Jason Bodner, the inventor of the Quantum Edge system.
“As Apple got bigger and bigger and bigger, the question was always what super cool innovation the company could come up with that would move the sales needle of a $3 trillion behemoth,” Jason said.
He also noted that the headset will be the first new major product from Apple since the company launched its smartwatch nearly nine years ago.
Users will be able to control the headset using their hands, eyes, and voice. It can switch from computer mode to augmented reality (AR) to virtual reality (VR) to just plain reality, and it will be available early next year for around $3,500.
So, will this move the needle?
“Honestly, I’m not sure,” Jason said.
But he pointed out a key insight in that Apple has a history of making us realize we need something we never thought we needed before.
And going beyond that…
He was able to run AAPL through his Quantum Edge system to see what kind of investing strategies to consider.
Putting AAPL Under The Quantum Edge Microscope
Here’s what Jason found:
Quantum Score: 77.6. Excellent. Right in the target “buy” zone.
Fundamental Score: 66.7. Very good. But not blow-the-roof-off outstanding. One- and three-year sales growth is “okay” — but not great. That’s not surprising for a company of Apple’s size — especially in the inflation-ridden environment of the last year.
Earnings growth is expected to accelerate over the coming three years. Profit margins are good. And valuations are a little rich after the stock’s 40% climb here in 2023.
Technical Score: 85.3. Very strong, which is also not surprising after the big run. Shares recently hit a new 52-week high. That means they were trading above their key moving averages and internal technical measures also show strength.
Then there’s Big Money…
Institutions account for 70% to 90% of daily volume and an influx of Big Money can move stock prices.
Institutions own 60% of shares, and his system has picked up 12 “buy” signals (unusually heavy buying) in the last 90 days:
Jason says that Apple pretty well checks all of his Quantum Edge boxes… very good fundamentals, exceptionally strong technicals, and Big Money is flowing in.
He said when you put everything together, it gives AAPL stock a 70% chance of rising from current prices, which equals the overall success rate of his system.
But the question of course is… How much more does it rise?
Jason warns that the company’s massive market value, huge top line, and recent surge might limit the upside a bit.
But he also says it is hard to find a whole bunch wrong with Apple right now.
Bottom line: Jason says there are multiple ways to make money off companies riding gigantic megatrends. In this case, he thinks Apple and smaller companies riding the new virtual reality (VR) and augmented reality (AR) trend could be poised to keep moving higher.
See An-E's stock price predictions of TSLA, NVDA, and AAPL
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One of the world's top financial tech companies recently launched a breakthrough, new A.I. stock predictive system called An-E (pronounced Annie, short for Analytical Engine).
They tested it by tasking it with many thousands of stock predictions… and comparing its forecasts with what actually happened.
And many of those predictions ended up being incredibly accurate, often times either spot on or only a percentage or two off.
That was one of the main reasons TradeSmith knew they could bring An-E to the market, and show its capabilities to the public…
Which we did recently by putting on a special presentation.
During that event, TradeSmith had An-E “take aim” at some of the biggest, most popular stocks on the market… Tesla (TSLA), Nvidia (NVDA), and Apple (AAPL)…
And predict their stock prices one month into the future.
Well, where did An-E think they would end up?
The answer was pretty shocking.
