I know I talk a lot about AI…
If you missed it, I wrote a recent blog post about it where I talked about one of my favorite stock plays in the sector.
And in my recent Steady Trade podcast, Matt McCall and I took questions from viewers.
At one point, we were asked what stocks we would be comfortable putting all of our money into and not touching for ten years.
Matt’s answer, without hesitation, was AI play, Taiwan Semiconductor Manufacturing (NYSE: TSM), and another AI stock.
Watch the podcast to find out which other AI play Matt chose, as well as my “ten-year island” pick.
AI is here to stay and its growth is off the charts…
Literally!
Look at this graphic from a recent Wall Street Journal article.
And an excerpt from the article…
And for good reason, every stock pick in my August StocksToTrade Advisory newsletter was related to AI.
Every StocksToTrade Advisory member gets a monthly newsletter with my stock picks, three weekly Market Update videos, and more.
Learn more StockstoTrade Advisory here.
AI is everywhere right now. It’s woven into so many aspects of our lives that many of us don’t even realize how many things we use on a daily basis are now powered by artificial intelligence.
Here at StockstoTrade, we use this technology extensively.
We have developed some very powerful AI tools in-house, which we use every day to capture fast-moving stock wins.
One of the trading tools we use here is called XGPT.
For some background, it was developed by my colleague and seasoned trader Tim Sykes.
XGPT is our proprietary trading system that leverages AI to track stock patterns and craft strategies for those stocks.
It all started in college when he developed his 7-Step Trading Framework, which he’s been using ever since.
This framework is built around human emotions like fear and greed because Tim discovered that human psychology aligns perfectly with stock movements.
Enter the era of artificial intelligence…
That was when Tim realized that AI was perfect for identifying these stock patterns and creating trading plans to profit from them.
The result was the birth of XGPT, which can be used in two powerful ways:
Use #1: Every trading day at 3:15 pm Eastern, XGPT sends out a watchlist of stocks it sees as most likely to spike, along with an expected trading pattern.
It provides a probability of success, like 70% or 80%, along with a potential buy signal, a potential sell target if things go well, and a stop loss level if they don’t.
Use #2: At any time, a trader can log onto the XGPT platform and enter the ticker symbol of a stock they’re watching.
The system will then generate a trading plan and determine the probability of success.
It’s pretty cool and produces a response much like ChatGPT answers a question.
In fact, you’ll be able to see for yourself exactly how XGPT works…
Matt Monaco, one of Tim’s top protegés, will be going live next Wednesday, the 18th, and Thursday, the 19th, at 10 am Eastern for a free demo of XGPT.
Remember, this is only happening next week, so don’t miss it. You can sign in on either day (or both!) using this link.
My recent blog post discussed the choppy market we’re currently in and how traders can capitalize on the volatility.
Well, XGPT is the perfect tool for that.
Here’s what it did just last week…
On Monday, September 9th, Terns Pharmaceuticals Inc. (NASDAQ: TERN) was one of the stock picks generated by XGPT.
Here’s an actual image of XGPT’s output:
The next day, TERN hit the entry price right after the open and topped out at $11.40 per share, for an intraday gain of 16.32%*.
TERN 5-Day, 5-Minute Candles Chart; SteadyTrade
On Tuesday, the 10th, XGPT gave the following instructions for Quhuo Ltd. ADR (NASDAQ: QH) in its daily 3:15 pm Eastern email:
Entry price: $1.00 per share
Stop Loss: $0.82
Exit price: $1.365
Shortly after the email came out, on the same day, QH hit the entry and then peaked at $1.48 per share. That was a 48%* win in less than half an hour!
QH 5-Day, 5-Minute Candles Chart; SteadyTrade
Oh, and by the way, that was just during regular trading hours. QH ended up hitting $3.35 in after-hours trading!
Also on Tuesday afternoon, XGPT gave instructions to buy Viridian Therapeutics Inc. (NASDAQ: VRDN).
Entry price: $19.10 per share
Stop Loss: $17.22
Exit price: $22.93
The next day, on the 11th, VRDN hit its entry and reached a high of $20.64 per share, for a return of 8.06%*.
VRDN 5-Day, 5-Minute Candles Chart; SteadyTrade
I’m not highlighting VRDN’s performance because it was some outrageous gain…
If you remember, or even if you don’t, the market was down all morning on the 11th. The S&P 500 only gained about 1% for the day.
So the fact that XGPT was able to find a stock that gave us an 8% return on a pretty crappy market day is pretty impressive!
On Wednesday afternoon, the 11th, Edgio Inc. (NASDAQ: EGIO) was a pick from XGPT.
Entry price: $1.10 per share
Stop loss: $0.408
Exit price: $3.279
On the 12th, EGIO hit its entry right at the open and ran to a high of $2.88 per share for the day. That was a 161%* gain!
EGIO 2-Day, 5-Minute Candles Chart; SteadyTrade
We had many more big winners last week from XGPT but if I show you all of them we could be here for a while…
Instead, you should check out this amazing AI tool for yourself!
Have a great day, everyone. See you back here tomorrow.
Tim Bohen
Lead Trainer, StocksToTrade