AIEQ - IBM Watson Decides Market is Ready for Sell OffI use this ETF as an indicator of market sentiment more than anything. Notice the massive volume occurring in the past few days. Smells like a distribution. Won't be long before we see some major movement in the market. I'm sidelines with cash for now.
AIEQ trade ideas
Ascending Channel Price TargetThis is the most intriguing security of any stock or ETF that I found last year. An ETF that is not just tracking AI technologies, it is powered by IBM's AI. I bought in at 27.75 and extending the upward channel out, The target I have set for the end of March, two months from now, is ~$32. That is a 15% increase in only two months time. I am actually so bullish that I am hoping for it to break out of the channel and take us even higher :]
AIEQ (ETF) Long! Great long term position.AIEQ is an ETF run by the world's most advanced AI, including IBM's Watson. These computers analyze massive amounts of data (earning reports, analyst predictions, public opinion, technical trends, etc.) and compile 30-70 stocks. It's clear from the chart that the AIs are learning. In my opinion, this is a fantastic long term hold. I have about 40% of my portfolio in this, as a long hold, and the rest of my money I am free to jump from stock to stock. Comment if you have any ideas. Follow if you want to see more ideas.
-Kristian