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How to Protect your Wealth by Investing in AI Tech Stocks

Stock Market Entering Early Summer Correction Trend Forecast

Stock-Markets / Stock Market 2021 May 10, 2021 - 12:28 PM GMT

By: Nadeem_Walayat

Stock-Markets

The stock market is now moving into my forecast time window for a correction to begin of approx 10% decline as illustrated by my trend forecast graph-

9th Feb 2021 Dow Stock Market Trend Forecast 2021


(Charts courtesy of stockcharts.com)

Current price action has the Dow breaking to a New all time high of 34,548, running the short stops (including mine) built up during the past 2 weeks of consolidation near the last high. So where the Dow is concerned right now the start of the correction remains pending.

However, the correction in tech stocks that we want to see correct has already begun! So it is possible we may see continuing divergence to some degree between the general stock market indices and the tech sector, with likely the pseudo analysts that populate the media will refer to it as sector rotation, when instead it is a a case of many tech stocks such as Tesla being bid up to trade on ridiculous valuations. Whilst the post covid Fed induced economic boom is lifting the downtrodden stocks sectors of 2020 higher, hence the divergence.

So lets see if the ongoing sell off in tech stocks can resolve in buying opportunities in AI stocks.

This article is an excerpt form my latest in-depth analysis that concludes in buying levels for AI tech stocks. AI Stock Buying Levels, Ratings, Valuations and Trend Analysis into Market Correction that was first been made available to Patrons who support my work.

Contents:

  • TESLA
  • Cathy Wood ARK Funds CRASH!
  • India Apocalypse Heralds Catastrophe for Pakistan and Bangladesh
  • Covid-19 in Italy in August 2019!
  • Stock Market Early Summer Correction Trend Forecast
  • Stocks Expensive or Cheap Indicator (EC)
  • AI Stock Buy % Rating Review
  • 1. GOOGLE - $2398
  • 2. AMAZON - $3312
  • 3. MICROSOFT - $252.5
  • 4. APPLE - $130
  • 5. FACEBOOK - $320
  • 6. NVIDIA - $592.5
  • 7. AMD - $78.8
  • 11. IBM - $145.5
  • 12. INTEL - $57.7
  • AI Stocks Buying Levels Update May 2021
  • So what am I going to do
  • GPU Mining FREE MONEY!
  • CHIA Crypto Farming with Your Hard Drives Insanity!

So for immediate first access to ALL of my analysis and trend forecasts then do consider becoming a Patron by supporting my work for just $3 per month. https://www.patreon.com/Nadeem_Walayat.

My analysis schedule includes:

  • More High Risk Tech Stocks - 30% done
  • Bitcoin Trend Forecast - 40% done
  • UK House Prices Trend Analysis - 10% done
  • How to Get Rich! - 70% done
  • US Dollar and British Pound analysis
  • Gold and SIlver Price Analysis
Again fFor immediate access to all my work do consider becoming a Patron by supporting my work for just $3 per month. https://www.patreon.com/Nadeem_Walayat.

And ensure you are subscribed to my ALWAYS FREE newsletter for my next in-depth analysis.

Your analyst locked an loaded for the next AI stocks discount sale that should soon start to materialise as per my forecast of 11th Feb..

Nadeem Walayat

http://www.marketoracle.co.uk

Copyright © 2005-2021 Marketoracle.co.uk (Market Oracle Ltd). All rights reserved.

Nadeem Walayat has over 30 years experience of trading derivatives, portfolio management and analysing the financial markets, including one of few who both anticipated and Beat the 1987 Crash. Nadeem's forward looking analysis focuses on UK inflation, economy, interest rates and housing market. He is the author of five ebook's in the The Inflation Mega-Trend and Stocks Stealth Bull Market series that can be downloaded for Free.

Housing Markets Forecast 2014-2018The Stocks Stealth Bull Market 2013 and Beyond EbookThe Stocks Stealth Bull Market Update 2011 EbookThe Interest Rate Mega-Trend EbookThe Inflation Mega-trend Ebook

Nadeem is the Editor of The Market Oracle, a FREE Daily Financial Markets Analysis & Forecasting online publication that presents in-depth analysis from over 1000 experienced analysts on a range of views of the probable direction of the financial markets, thus enabling our readers to arrive at an informed opinion on future market direction. http://www.marketoracle.co.uk

Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any trading losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors before engaging in any trading activities.

Nadeem Walayat Archive

© 2005-2019 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


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