Interview: stonedinvestor, gummybear advisors- Hi Stoney, thanks for joining us! Please give us a little introduction on your current role and what you do I wear $1000 shoes need I say more? What do you consider your biggest professional achievement to date? These shoes. I mean never in a million years did I think a sneaker could cost so much. What has been your/your firm’s top 3 priorities for the coming year? AI AI AI The devastating situation in Ukraine has also had a huge impact on quant trading – what has this been like for you and what are your predictions? I cannot talk about this. And I would like to say not all Russians are bad people. Thanks Stoney!
Oh SHIT! AI-driven ETF doubles the returns of the S&P 500 in January Jan. 31, 2023 2:49 PM ETAI Powered Equity ETF (AIEQ), DIA, VOO, QQQSPY, CEG, IVV, JPM, KSS, UNH, NVAX, CZR, COMP.IND, DJI, COMP With ChatGPT generating significant chatter in the early days of 2023, AI has become a significant topic of conversation on Wall Street. Against that backdrop, an actively managed ETF that makes its trading decisions based on artificial intelligence has outperformed all three benchmark equity indices in January. The AI Powered Equity ETF (NYSEARCA:AIEQ), which uses the IBM Watson for machine learning and natural language processing to guide its operation, gained 11.7% in the month of January. This means AIEQ doubled the monthly returns of the S&P 500 and its mirroring (SPY), (NYSEARCA:VOO) and (IVV) funds.
I was talking about ChatGPT with my new dentist and I was telling him all the jobs who were at peril coders, Design guys CAD etc. Writers. Journalists, Don't worry Doc we still need dentists... But of course this is the first real threat to stockpickers. Guys like me we took down Index funds... that didn't beat us, The Quants were tough but this is a real REAL threat. Irrelevance could be around the corner.
Everyone was very negative this morning.. futures down they went on and on Bloomberg radio bad day awful day.. not me & Van. $34,073.71 +356.62 (+1.06%)
Still waiting on Big Pete. He's back out of office- want to run the name by his Analyst. RAIN came in even more. We have a nice price. Tomorrow hopefully.
Seasonality is more than that. Prices are created by economic and business developments. Economic cycles repeat themselves and also profits and losses of companies repeat themselves. Seasonality is the result of repetition in reality. The question is how to find good seasonal patterns and when is an optimal environment to take advantage of them. As with any approach, lasting profit comes only from professional implementation.
NTRA acted very well into close!!! HF should of bought it but I bet you anything they didn't!! Guys are lazy these days they only watch till about 11:00am.... and then they recheck at 2:30 and dip.- 1st thing tomorrow-!! Natera, Inc. (NTRA) NasdaqGS - NasdaqGS Real Time Price. 42.93+0.95 (+2.26%) At close: 04:00PM EST
losses of companies repeat themselves.-? Your drifting further off base. The only seasonal pattern that matters is the most important handful of trading days. You can't miss those but they come at all times of all cycles. You never know when... Prices are created by.... those that are willing to pay the price.
Now JUNE SWOON- Yes Of course. My birthday is in June and I can tell you for a fact I'm never making money around my birthday June Gloom The term June Gloom comes from the fog that often thickly collects on the west coast beginning during the month of June, and normally remains a daily occurrence through much of the summer months. As you can imagine, west coast investors began to tie their gray, cool mornings with the summer slowdown we just discussed regarding the concept of Sell in May and Go Away. As you can see from the adjacent chart, June has been a very weak month to invest. In fact, it is the worst performing month over the past decade.