Here’s What to Do When the Stock Market’s A.I. Hype Fades Out
Shah Gilani|June 1, 2023
Most of the questions I’ve gotten this week center around computer chips and semiconductor companies, and with good reason. Of course, Nvidia Corporation (NVDA) is still leading a rally driven by the buzz around artificial intelligence, and everyone wants to know how to get in on the trend.
But there’s a problem anytime that you see these kinds of pops and huge gaps forming in stocks from any sector, which is that inevitably, the hype dies down and those gaps get filled as investors take profits. When that happens, those stocks leading the trend come back down to earth.
This isn’t going to be any different. Yes, artificial intelligence is going to be a big part of our technological future, the same way the Internet was. But we’ve got a long road ahead for that – you’ve got to remember that these technologies have been in development for around two decades now, and they only seem like a new thing to us because apps like ChatGPT and Midjourney have put them on our radars.
So it’s only a matter of time before the steam runs out of this tiny tech rally, and when it does, be ready to play these same names to the downside. That means setting up well-timed put options and put spread trades to catch some profits when those gaps fill, and then picking up some of the best industry names at whatever lower price they consolidate at so you can enjoy the benefits of longer-term appreciation.
So for today’s Buy This, Not That, I’m covering all the names you want to target, what levels to watch for, which ones are worth chasing, and which ones you should avoid.
Check out the video for the tickers and my recommendations:
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Honestly, though, the biggest opportunity in tech that I think investors like you need to know about is a tiny company with a mere $100 million valuation that has a huge market advantage – a breakthrough technology that’s being heavily sought after by one of the largest tech giants in the world and even the U.S. Department of Defense.
Scoring just a single contract here could push this company into the stratosphere, turning it into a billion-dollar unicorn overnight.
And right now, anybody can get a stake. Here’s everything you need to know to join me…
Shah Gilani
Shah Gilani is the Chief Investment Strategist of Manward Press. Shah is a sought-after market commentator… a former hedge fund manager… and a veteran of the Chicago Board of Options Exchange. He ran the futures and options division at the largest retail bank in Britain… and called the implosion of U.S. financial markets (AND the mega bull run that followed). Now at the helm of Manward, Shah is focused tightly on one goal: To do his part to make subscribers wealthier, happier and more free.