My Predictions are Already Working
This is the last exciting, actionable letter you’ll get from us before Christmas. And that’s probably a good thing considering the amount of information we’ve thrown at you this week. I hit you with 3,600 words recapping 2023 and detailing my Predictions for 2024. And then the newest member of the Pro Trader Today team – Christian DeHaemer – chipped in with another couple thousand words on what he sees coming next year…
It may not be the best time of year to offer you so much to think about, everybody’s pretty busy, but maybe it’ll give you something when you get sick of the kids or grandkids running around the house screaming and yelling – take a little “you time” and give us a read.
Combined, Christian and I have 50 years experience helping individual investors find the money-making path through the stock market jungle. We’re pretty good at this.
A couple of my nuggets of wisdom are already paying off. I talked about the upside for Carnival Cruise (NYSE: CCL) from a couple different angles on Wednesday. Carnival reported earnings yesterday morning, the numbers were very good, and the stock blasted from $18.07 to a high of $19.74 today.
Cruises for 2024 are 75% booked and Carnival is booking 2025 now. Both years will be record-setting…
Moving one – I didn’t think we’d get confirmation about this next prediction so quickly (two days!), and it’s not like China and Chinese stocks are all the rage these days. But after cracking down on various tech sectors and making Alibaba (NASDAQ: BABA) founder Jack Ma disappear for a few weeks, China president Xi had been making an effort to encourage venture capital and entrepreneurs that China was a welcoming place to do business…
Well, Xi’s got a bridge he’d like to sell ya too!
Overnight he slapped onerous restrictions on Chinese gaming companies, blaming them for a host of societal ills, from lost productivity to nearsightedness in children (seriously!). I named China’s biggest gaming company, Tencent (TCEHY), as a stock that should not be owned. It’s down over 10% today…
The bigger point is that Xi is not changing his spots. Forget free market efficiency: Xi sincerely believes that he and he alone can plot the path forward for China’s economy. And he’s forcing companies to adhere to his wingnut ideas. Basically Mao 2.0. Your money is not safe with Chinese stocks.
Artificial Intelligence Trading Agent
“Brit: I’ve got an Artificial Intelligence trading algorithm for stocks, I think it could make people a lot of money. But I need someone with a lot of real-world experience to put this algo through its paces and see if it’s the real deal…interested?”
That was the gist of an email I got a few months ago from an old friend and colleague.
Now, I’ve traded stocks and options for 25 years. I’ve got a proven style that has made millions for myself and my readers. And I’m an AI skeptic – it’s pretty easy to tell when an article or research piece is created by AI. The programs are prone to mistakes because they can’t decipher what’s true or not on the internet. I’m certainly gonna trust it with my money…
Still, I’ve learned that it’s never a good idea to dismiss something out of hand. And his email got me curious…so I took the job.
To make a long story short, this AI powered Trading Agent is the real deal. After I vetted the AI suggestions it has done very well.
In the last two months, this AI Trading Agent triggered two different trades on Bank of America (NYSE: BAC) that led to 40% and 36% profits in less than 10 days…
An 89% profit on Micron Tech (NYSE: MU) in a week…
A 77% overnight gain with Zebra Tech (NASDAQ: ZBRA), and another 50% on Zebra that took about a week…
There was a 62% profit from General Electric (NYSE: GE) that took 6 days…
And 16% profit from Western Digital (NYSE: WDC) over a 7 span…
It wasn’t perfect, there was a 5.5% loss on Enphase (NASDAQ: ENPH) and a 32% loss on Loews (NYSE: L).
So – that’s a 78% win rate, and a 37% average gain, including the losers…that’s powerful.
If you’re ready to let this AI Trading Agent power your trading profits, or if you’re just curious and want some information, check out this presentation…
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That’s it for me today, I wish you and yours the very best over the Holiday, be safe and I’ll talk to you next week…
On to the future,
Briton Ryle
Chief Investment Strategist
Pro Trader Today
brit.ryle@protradertoday.com
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X/Twitter: https://twitter.com/BritonRyle
