Stock Market Update - 3/13/2023 - Day 9th for Ai Challenge Portfolio
Comprehensive analysis by our “Ai Engine” for every single stock based on which, we provide accurate predictions, market insights, previous prediction's performance evaluation, key levels, & more...
Today is the 9th trading day after I announced the launch of our AI-Based Algorithmic Stock Market Ranking and Prediction tool, that post is titled: Introducing a New AI-Based Algorithmic Stock Market Ranking and Prediction Model: The Ultimate Tool for Smart Investing!
Market Update:
Markets saw an aggressive red day Friday, all due to SVB Financial (Silicon Valley Bank) and the community banking sector as a whole. While there was a lot of doom and gloom all around, I wrote an update Friday telling people to stay calm.
In the worst financial situations in history like Enron and Lehman Brothers, we saw a short-term bounce which goes to show that even if you are really concerned about the markets crashing, never sell at the bottom!
The weekend provided a lot of relief with the Feds and FDIC stating that all the depositors will be taken care of to calm the public. The futures started celebrating early just to give it all up before the markets opened. This was all due to residual fear and uncertainty which market participants often overplay. Even Joe Biden tried to calm things down which did very little to help. All the uncertainty kept the markets choppy all day eventually ending the day slightly in the red. With CPI numbers scheduled to come out tomorrow, all this uncertainty isn’t all that surprising.
Here is today's table which shows a lot of the large caps saving the market.
Our Outlook:
We are still very much BULLISH on this market. The levels where the market is currently trading are more often than not, a great buying opportunity. My reason to be bullish goes further than just the charts and so here is how I believe things will play out in the near future.
While what is happening to SVB and other banks is grim, I think it indirectly solves a few problems that the Fed has been trying very hard to solve. They need the leveraged effects of excessive printing of money to subside and bring inflation down. This has proven to be extremely challenging but with a big Silicon Valley bank going down, it’ll cause a lot of uncertainty which may lead people to spend less, Venture Capital will have less money to inflate valuations and out of caution, many employers may reduce jobs. All this can naturally happen without the fed having to get aggressive with rates now which in my mind would have been the best-case scenario. If tomorrow’s CPI data proves things are weakening it could be a huge day for the markets and may even kick off another bull market from that point on. Only time will tell if this will prove to be true but as of now, all I know is, to keep doing what I know has worked in the past so I’ll be staying the course.
With that said, things can always go against us in the stock market but through all of this, we hold on to our diversified portfolio of undervalued/oversold stocks.
Updated Portfolio Performance Evaluation (Day 9th of Challenge):
FOLLOW OUR NEWER POST FOR THE LATEST UPDATES!!!
Our Risk Management:
A few things to keep in mind is that we never trade earnings. This means that we avoid entering into new trades with a stock that is scheduled to release its earnings report within a few days. Additionally, if an earnings report is approaching we’ll close the existing positions beforehand. Lastly, We ALWAYS advocate for a highly diversified portfolio. We recommend having at least 100 stocks at any given time to get proper diversification. You can opt for a lot less diversification if you are trading large-cap stocks but with small and midcap stocks, 100 is the minimum.
Ai Algo Rank and Prediction Model (Refreshed: 3/6/2023):
Below you’ll find our latest predictions. If think is the first time you are coming to our Substack, you want to look at the following link to our latest predictions. (I won’t update this again today as I’m coming up with a more dynamic approach)
Historical Performance:
Historic Performance Evaluation from 11/4/2022 to 2/2/2023:
Historic Performance Evaluation from 11/30/2022 to 2/2/2023:
All the models above are currently published on Google Sheets.
Posting Schedule:
Every trading day, between the closing bell of the market and midnight, We’ll post a new refreshed AI-based Algorithmic Stock Market Ranking and Predication Model & Previous Ranking Performance Evaluation exclusively for the Paid Subscribers Only.
Every Tuesday, we’ll provide the same refreshed model for FREE to all our subscribers, both paid and FREE. If you're a FREE Subscriber, we encourage you to join our 7-day trial to access this valuable information. You'll be glad you did! Join us on this journey towards smarter, more informed investing. 💰🚀 #AIinvesting #stockmarket #investmentpredictions #smartinvesting