Last fall I was on Schwab TV right in the middle of all the AI bubble talk. I called out one company as my favorite publicly traded AI stock. A few days ago, it made a big announcement.
It is a game changer.
Here’s the Daily Accelerator agenda for today:
- The Big Picture: If you’re not all-in on AI you’re crazy, especially now.
- Watchlist: The one publicly traded AI stock I’ve been talking about for months. This one is a long-term play.
- On My Radar: Gold falls for 10 straight sessions and Amazon continues to invest in Bahrain. Plus: why I named my OpenClaw Higgins, and the weirdest chart you’ll see today (it has nothing to do with stocks).
Table of Contents
The Big Picture
I say this all the time, but it’s worth repeating: If you’re not all in on AI, you’re crazy. I don’t care which industry you’re in. The future is now.
When it comes to AI trading opportunities, I’ve been watching one stock. And you might be surprised what it is…
Anthropic gets all the headlines and I’m a big fan. I use Claude every day. But Anthropic is not currently publicly traded. The same goes for OpenAI.
If you’re keeping up on AI, you’ve heard of Andrej Karpathy. He wrote a 630-line Python script, fed it to his AI, and let it run overnight. It ran 50 experiments without any more input. What’s awesome is that you’ve got this process where AI gets better. It gets smarter on a local model, which is on your local hardware.
But this is an absolute game changer: On Tuesday (March 24), Google announced TurboQuant. It’s basically a memory utilization tool as well as a learning tool.
What’s so exciting is that now you can build tools, whether for business or trading. I’ve been building a lot of trading-related tools lately. I’ve wanted to build them for years, but there’s a long development schedule. When you’re working with humans, you have to conform to their schedule. They’ve got other projects they’re working on. So, you give feature requests, they implement them. Then, if there are bugs you go back and fix those. This iterative cycle repeats. If you’ve ever gone through a software cycle you know what I mean.
My Take
First, if you’re not learning to use AI tools, start today. Now, if you can get some old hardware up and running with a local model… even better. With these memory tools getting better, and with everything coming out of Google, you’ll be ahead of the curve. And if you’re looking for that long-term AI name to invest in, this is my play…
Watchlist
Alphabet Inc (NASDAQ: GOOGL)
Google Research just introduced TurboQuant, a set of compression algorithms for LLMs and vector search engines. This is huge.
Source StocksToTrade GOOGL 2-year, daily candle, Oracle support and resistance levels
The low down: The new algos reduce model size with zero accuracy loss. Soon, we’ll be able to run an entire model on an old laptop. Maybe even a phone if they keep making breakthroughs like this.
On My Radar
- Gold falling for ten straight sessions shows how sentiment is shifting. When interest rate expectations rise or geopolitical fear fades, gold tends to lose support. Investors move back into risk assets.
- Amazon continuing to expand AWS in Bahrain highlights the importance of global infrastructure in the cloud race. The biggest players keep investing aggressively to maintain scale and performance advantages.
- I named my OpenClaw Higgins. He can’t keep me from a Ferrari, but he does keep me on track. More about Higgins in a future edition of Daily Accelerator
- I’m all-in on an Ageless Future. I do all this under the supervision of a doctor, but I believe high-performance gives me an edge. Check out the chart below:
Source: My computer (not medical advice, do your own due diligence, seek the advice of a medical professional)