Thursday, May 25, 2023

Market Commentary: Did AI Create The Perfect Portfolio?

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The Burst for Thursday, May 25, 2023

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Market Commentary: Did AI Create The Perfect Portfolio?

What stocks would artificial intelligence select to produce outsized returns over the next 20 years?

That's the question I wanted to ask ChatGPT, the breakthrough AI product from OpenAI, and the results were stunning.

Key Points

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Market Commentary: Billionaire Buys Gold, Explains Why

In the pantheon of investors, Stanley Druckenmiller is revered as one of the best. When he managed money he had a track record over 30 years of 30% plus returns annually net of fees. Truly a spectacular record.

When asked about his investing rules, he stated that he looks at the fundamentals and the technicals, as well as the macro environment. If the fundamentals look good but the... Go Here To Read The Full Story

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Market Commentary: 1 Wildly Undervalued Growth Stock

In 2019, Etsy share price hovered around the $50-60 range. Then the pandemic came in full force and Etsy got swept up with "lockdown era" stocks like Zoom. In a virtual heartbeat, Etsy was trading up at $294 per share by November, 2021.

Then the house of cards came tumbling down. More recently, Etsy has traded closer to $94 per share. Is the crashing share price justified or overblown?  Go Here To Read The Full Story

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Market Commentary: 1 Extraordinary Firm Soaring Right Now

It's bad out there the news media will tell you. Silicon Valley Bank collapsed. First Republic Bank collapsed. First Horizon shares crashed. Bank PacWest cratered. US Bancorp tumbled.

The source of all the turmoil? The Fed raising rates.

So you would expect... Go Here To Read The Full Story

- G. O'Fiachra

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