The Profit Column: Winning on AI Stocks Big and Small
By Michael Salvatore, Editor, TradeSmith Daily
Most investors were at a full sprint in the opposite direction of the stock market in October 2022.
The S&P 500 was roughly 23% lower from the highs. The Federal Reserve's rate-hiking campaign was in full swing, with big raises every single meeting. And mega-cap tech stocks like NVIDIA, Meta Platforms, Apple, Google, Netflix, and many more were bleeding out.
So what did Andy Swan of Derby City Insights do? Recommend every single one of them at the depths of the bleeding.
And now, one year later in the wake of the A.I. boom, he just recommended taking profits on those positions – 100% average gains on each one.
This may be the biggest tech opportunity you'll see in your lifetime. (HINT: It's not Google, Microsoft, Nvidia, or other obvious companies that have already run up). Go HERE for details.
The Fed just began the rollout of a new technology that'll "shake the US financial system". It'll likely go down in history as the biggest change to money since Western Union launched its "lightning lines" in the early days of the telegraph. Here's everything you need to know (including three steps to take to profit).
But Andy says investor sentiment is not what drove him to buy these stocks. Instead, it was a novel use of social media activity that told him all of them were screaming buys.
In this, the first-ever video edition of our weekly Profit Column, we'll explore what led Andy to recommend these stocks… and where he's looking for the bulk of A.I.-hungry capital to drive next.
Just click here or the image below to watch my full interview with Andy Swan (and see your editor in the flesh for the very first time)…
If you're interested in following Andy's MegaTrends advisory, and using their proprietary Social Heat Score to uncover opportunities flying under Wall Street's radar, go here to get the full story.
Andy tells me he has a huge slew of small-cap picks lined up for 2024, each with explosive profit potential. With our recent research showing small-cap stocks are set to shine next year, you'll want to be prepared with the best picks on his watchlist.
To learn how you can become a MegaTrends subscriber and see the Social Heat Score in action, click here.
To your health and wealth,
Michael Salvatore Editor, TradeSmith Daily
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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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