AI Turns From Friend To Foe - Will AI Kill The Bull Market?

MarketGauge1.38K FollowersFollow5ShareSavePlay(15min)Comment(1)SummaryLast week, fears of AI damaging long-standing business models expanded into wealth management, logistics stocks, and financial stocks, and there were plenty of dire predictions.Wall Street doesn’t like uncertainty that points to multiple compression in certain sectors. Investors also don’t like sudden and extreme volatility. AI is currently fueling both.Market bifurcation became even more pronounced. The number of stocks and sectors that were under pressure increased over the week, but the strong areas of the market got stronger.One challenge investors face is that the largest market-cap stocks are weak, so it will take a broader bull market to counterbalance the big-cap drag. Regardless, the bull market has marched on, but in different areas. sankai/iStock via Getty Images By Geoff Bysshe The AI story never ceases to keep investors on their toes. It seems like just a few months ago, any company suggesting it was using AI would be rewarded by the market withThis article was written byMarketGauge1.38K FollowersFollowMarketGauge was founded 25 ago years by successful floor traders turned hedge fund managers. Their experts have over 100 years of diversified experience as professional traders, technologists, and educators. MarketGauge’s mission is to provide strategic and actionable information that empower novice to professional investors and advisors to surpass their financial goals. We accomplish our mission with educational courses, proprietary trading tools, and proven quant-based models. MarketGauge’s core philosophy is to identify both the biggest macro trends and emerging ones using our proprietary tools / indicators and proven trading models. MG employs short-term tactics derived from years of highly successful floor trading to precisely maximize profits and minimize risk. Price action is the primary driver. However, MG layers in fundamentals as well. MG is committed to trading with a methodical, systematic and repeatable approach. MG believes that is the key to success. Their philosophy is counter to the commonly disseminated tactics by many Wall street analysts. They believe that passive management and buy and hold is downright dangerous. Furthermore, all MG’s investing models include track records with daily and weekly updates. Their performance is always transparent. Since inception, MarketGauge has supplied market analytics to some of the biggest financial institutions such as Barron’s, Fidelity, as well as thousands of individual investor and active traders. Their insights can be found at Benzinga, Stocks and Commodities, TalkMarkets, Investing Shortcuts, AAAII , and Traders Library. CBS MarketWatch rated our twitter feed as one of the top 50 to watch for financial information.

Each Market Gauge expert has a special focus and domain within the company. Their unique skill sets are all linked together from their common experience, and a commitment to risk management. They all use the same indicators and tools.