Bill Gates AI Prediction - What You Need To Know …
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Admin
May 23, 2023
Wall Street Warrior Presents ⮕ ⮕ ⮕
The S&P 500 ETF Trust (NYSE: SPY) is struggling to hold onto its gains.
The price spiked to new highs for 2023 on May 18.
But it didn't get very far before the current consolidation.
Here's a chart …
One thing is certain. The main bullish factor in the market is artificial intelligence. So that's what we're focused on …
The technology becomes more popular every passing day. And it's disrupting labor markets in the process.
Bill Gates just foretold steep competition between AI and businesses like Alphabet Inc. (NASDAQ: GOOG) and Amazon.com Inc. (NASDAQ: AMZN) .
Read more here.
But it's not the only hot sector …
Biotech stocks are spiking right now too.
Today's big biotech runner is Ocean Biomedical Inc Com (NASDAQ: OCEA) . It announced bullish cancer news today with a patent.
Here are the details.
The price has already spiked more than 120% and the volume is about to rotate the float. Here's a chart …
Keep an eye on these sectors …
Artificial intelligence Biotech
That's where we're finding the strongest plays.
I've been warning about this day for weeks…
I've been pounding the table about this lesser known crypto play for a while now…
But now it's finally come to the point where you're either in or you're out.
Don't sleep on this one.
Based on the charts, the massive breakout I've been warning about is about to unleash in the coming days…
>>Click here to get the name of the crypto before that happens.
We mentioned the oversold bank stocks are subject to possible bounces.
PacWest Bancorp (NASDAQ: PACW) is our most recent example.
At its worst, the bank crisis caused PACW to lose at least 90% of its total value.
But since hitting lows, the stock managed to bounce more than 240%. It's on a spike right now after the company announced it sold $2.7 billion in real estate loans.
Here are the details.
Take a look at the bounce thus far …
Prices are a little over-extended at the moment.
If you're going to make a trade, wait for the price to find some support. There's no telling how long the spike could last.
The oil minister for Saudi Arabia warned investors today of an upcoming oil catalyst.
"Speculators, like in any market, they are there to stay. I keep advising that they will be ouching. They did ouch in April. I don't have to show my cards, I'm not [a] poker player … but I would just tell them, watch out."
- Abdulaziz bin Salman
Beware the ouch …
Here are the details.
We've seen massive spikers from the oil sector before. The minister's words hint at future volatility.
Houston American Energy Corporation (AMEX: HUSA) comes to mind. Past spikers can spike again.
Here's a chart of the 2022 spike that reached over 1,000% in three days …
The OPEC+ meeting that Abdulaziz bin Salman warned investors about is scheduled for June 4.
We're more than a week away, but sometimes volatility builds as the market approaches a catalyst.
We'll keep an eye out for oil & gas stock momentum.
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