Phase 2 of the AI Revolution Is Here – Thanks to This AI Breakthrough
Longtime Power Trends readers know about what I call The Great Convergence. It’s the next phase of the massive technology revolution that will lead to unimaginable breakthroughs, and it will be made possible when artificial intelligence joins forces with quantum computing and next-generation networking. It’s a tremendous opportunity for investors, as well as a potential danger. I’m sure we will continue talking about it for years to come. And today, I want to share the insights and analysis of Louis Navellier with you. He is a legendary quant investor who has helped a lot of people make a lot of money through the years.
Power Trends+: Your Top Requested Stocks
There’s a lot going on right now! The market is giving us whiplash, quickly moving on from the previously loved mega-cap tech stocks to giving small-caps a boost higher. We’re in the midst of earnings season, which always has its ups and downs. And, well, this crazy election year might also be giving you whiplash. We’ve talked (or will talk) about all these things in regular Power Trends issues, so today, we decided to keep it simple and focus on stocks.
X-Ray Vision Isn’t Just for Superheroes – It Can Make Us a Lot of Money
As a kid, I really wanted X-ray glasses. Once they arrived in the mail, though, it didn’t take long to realize it was all a sham. They never worked as advertised. They were just flimsy plastic with cardboard where the lenses should be and a tiny pinhole covered with transparent material. This supposedly gave the illusion of X-rays. I was so disappointed. I quickly realized it wasn’t about seeing my bones or fighting crime so much as it was wanting an ability others didn’t have. Over the years, I’ve thought about that often. Because in the end, I made my own version of X-ray glasses.
You Don’t Want to Miss Out on This Next Big Money-Maker
The 50 largest stocks were up 22.5%, easily outpacing the market-cap weighted 15.8% return, and more than four times the equally weighted gain of 5.2%. Another surprising and sobering data point from the last few weeks: Nearly 60% of stocks in the index – or 300 out of the 500 – were below their 50-day moving averages. That’s a widely used technical indicator, and stocks below their 50-day are considered weak. But like those cicadas, something else is emerging. And it can make you a lot of money.
I Made Every Mistake in the Book… So You Don’t Have To
I started my investing career more than two decades ago as a trader, and I was awful. In my first three weeks, I made every mistake in the book. I knew I needed help, or I was going to fail at that assignment, too. So, I turned to computers and designed a quantitative system that did a lot of the work a heck of a lot faster than I ever could.
Power Trends+: The Data Puts Us Ahead of the Rest
Something is emerging in the market, and you should be excited. We’re seeing a major shift. Those top 50 stocks in the S&P 500 – the large-caps that have been carrying the index lately – are overweight and the shoe is about to drop. Those unloved small-caps are about to attract Big Money, and the weight will be shifted in their favor. In today’s Power Trends+, my fellow TradeSmith analyst and business partner Luke Downey will show you the small-cap study that put us ahead of the rest, along with a couple others to show you where the market is headed.
This Stock Gained Over 200%: Here’s Exactly How I Found It
I’m proud to say that I recommended the hottest AI stock of the year to my readers. My Quantum Edge Pro subscribers booked profits of 203% in a little over five months… and that was on two-thirds of the original shares. They are still sitting on big gains today with the remaining shares. They already locked in a double on the full position, and are playing with house money. They are effectively getting paid to own this stock.
This Historic Situation is Rare and Odd – But Good for Select Stocks
The stock market is very strange right now. You may be loving life if you’re in a handful of specific stocks, but the truth is most stocks have sucked wind this year. If you look at just the indexes, you see a market that is up big. And that’s true. But you can’t judge a book by its cover, and those of us who dig deeper into the data see trading not normally associated with strong bull markets.
3 Rules You Need to Know Before Earnings Season Starts Tomorrow
The big day is finally here. It’s an event my fellow stock nerds and I get excited about four times each year. It’s earnings season time once again! And some of the biggest banks, like JPMorgan Chase (JPM), Citigroup (C), and Wells Fargo (WF), crank things up beginning tomorrow. Not excited? That’s okay. I understand. I don’t expect earnings “watch parties” to be high on most people’s list of fun things to do, though my calendar is full of them. But it can’t be ignored. Quarterly earnings give us the most information we ever get about a company’s business.
Power Trends+: Quant Ratings on Your Stocks
We can sometimes snooze through the sleepy summer months, but when it comes to July, it really can be a case of you snooze, you lose. July is historically strong, and after recent volatility under the surface, now should be a great time to buy superior stocks on a pullback. But, as always, the question is… which stocks?
