What AI Stocks do you like?

[Bobby Bucks]

Anyone have any pet AI stocks they think are long shots with high potential? I did well with NVIDIA, my only regret is not putting more in, but of course hindsight is always 20/20. I also have some in TSMC, Taiwan Semiconductor. In the crypto blockchain of the AI world I have SUI, NEAR and RENDER. Some people like cards and whoring, some like USPAP, I like crypto currency and the blockchain, it keeps me off the streets.

 

[TC]

Not a fan of playing cards, USPAP or crypto.

 

[Bobby Bucks]

Not a fan of playing cards, USPAP or crypto.

Which explains the decades of post grad double secret probation.

 

[Charles West]

I spread the risk with a Fidelity Blackrock iShares US Tech ETF fund comprised of a couple of hundred US tech and support companies, with Apple predominating. I got it in June '23, and I think it's up 37% or so.

 

[Gobears81]

I'm not really big on tech right now, but like and own MNDY.

SYM is a robotics stock that is growing fast. I've done well with it in the past, but they "revised" their past financial statements/ guidance to reflect less growth. I don't care for their CFO at all and it would hardly surprise me if fraud news came out in the future. But, the product is intriguing. The price allows for plenty of upside...and downside. Don't own it anymore.

 

[DTB]

I spread the risk with a Fidelity Blackrock iShares US Tech ETF fund comprised of a couple of hundred US tech and support companies, with Apple predominating. I got it in June '23, and I think it's up 37% or so.

I pop in and out of that one based on weekly charts, trying to capture 5-8% per trade (always to the long side)

 

[Charles West]

I pop in and out of that one based on weekly charts, trying to capture 5-8% per trade (always to the long side)

That's too advanced for me, like options. I wish I had taken the time to learn how to churn and burn but I never got around to it. I need to do some reading.

 

[DTB]

That's too advanced for me, like options. I wish I had taken the time to learn how to churn and burn but I never got around to it. I need to do some reading.

Finding the setup (initially) is hard. Identifying it going forward is easy and execution is simple/. I'll pay it forward and give you this one.
Works on just about all ETFs with Beta>1.2
Set chart to weekly timeframe
RSI set to 2 periods.
When RSI is <10 at a week's end, we will buy at Monday's open. Holding for 5-8%. If it's up 5% in first, I take it and look for other opportunities, otherwise I'll hold for 8% typically 2-3 weeks.
Rinse and repeat.

Maybe @Joe Flacco can chime in, I think his main charts are weekly TF and prettier than mine! LOL

 

[Bobby Bucks]

I pop in and out of that one based on weekly charts, trying to capture 5-8% per trade (always to the long side)

I’ve been doing that with one particular stock, GSOL which is Grayscale Solana. Since I’m big on Solana crypto anyway and follow it like a hawk, I can spot wide daily swings with GSOL.I confine this to my IRAs.

 

[DTB]

I’ve been doing that with one particular stock, GSOL which is Grayscale Solana. Since I’m big on Solana crypto anyway and follow it like a hawk, I can spot wide daily swings with GSOL.I confine this to my IRAs.

I took a look at it, thanks, I haven't put pencil to paper but it seems pretty easy to scalp to the long side most evry day.

Initial thoughts, setup .25 above the open print looking to take out .75. 2-3% per trade (and quick!)