One of the ways to use AI that I don’t think will destroy the planet is to have it narrow down some trading candidates. Throw in some questions like:

Which tickers have confirmed buy signals based on (insert your favorite indicator here)?

What is the best option for (insert your ticker here) with a premium under $10?

Or, what ticker is the most oversold stock right now?

I’ll save you a minute and show you the chart of that oversold ticker. It is one to keep an eye on.

Whatever you ask AI be sure to confirm it six ways from Sunday.

PFGC is locked in a serious down trend but it is taking a shot at finding support. Definitely don’t try to catch this falling knife, but as soon as it sticks in the ground consider grabbing it and carving out a profit. It made an attempt to reverse back in Aug so we will watch for a bigger effort than that. Also the MACD will need to crossover and we will want the RSI to keep moving up.

This is definitely one to wait patiently for and would still fall in a high risk category when we see some support, but it has bounced back from lower before.

This is an extremely primitive way to use AI to spot trades. If you are looking for a much better way you should check out Keith Harwood’s upcoming demo of his PAID (Predictive AI for Dynamic markets) technology that he has given a few traders access to. They have been pleased and the way it leverages his experience as a market maker is what gives it a great edge. It is next Tuesday at 1pm ET. Here is the link to get in.

Keep learning and trade wisely,

John Boyer

Editor

Market Wealth Daily