Stock Market Update - 3/23/2023 - Day 17th 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 17th 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!

My Update:

I haven’t posted in the last few days and this is for a very good reason. I have been busy trying to consume a ton of historic market data so I can condense it down for all my Substack subscribers. What I’m compiling are snapshots of various periods in the market to show you which area of our Ai-algorithms tends to outperform the benchmark in various market conditions. Based on all this I’ll be able to make the Ai-Algo predictions and ranking system stronger. Currently, we see large drawdowns even though within any 3-month period, we most often do outperform the market, the shorter-term volatility causing drawdowns isn’t very pleasant. I’ll explain this further throughout this post, so keep reading.

Market Update:

Markets have seen a lot of ups and downs since I last posted an update. Don’t worry, I haven’t gone anywhere, and markets are still doing what they typically do. The whole bank run situation seems fairly contained now but with the fed raising rates again yesterday by 25 basis points, more banks may see trouble. A 25 basis point increase was mostly expected. I thought if the bank run situation got a bit more aggressive, they would have paused the hikes. Looks like the fed is concurrently raising the rate while bailing banks out by printing more money which doesn’t really make sense. I think regardless of what the feds did, the market would have digested the news as negative in the short term.

Today the market was in the green and still being held up by the large caps as you can see here. I think a green day today suggests a lot of the negative sentiment is behind us for the time being.

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. The hikes will pause ahead of schedule, the job market will weaken naturally due to all the uncertainty, and more money being printed may be good for the market in the short term (while not really the best in the long term, we’ll have to see how things play out).

Updated Portfolio Performance Evaluation (Day 9th of Challenge):

FOLLOW OUR NEWEST 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: 3/23/2023):

We have made a refreshed list but it’s taking a while to update so I’ll post later today with this. Please keep a look out for the latest Ai Algo Rank and Predictions List which will be before the close of day today.

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