Dear Reader,
US technology stocks continue their march higher. In my opinion, as long as the smartphone boom continues, the US technology stocks will go on rising. The smartphone is just such a powerful platform.
Artificial Intelligence is the next content that even now fills the smartphone.
Artificial Intelligence will usher in the fourth industrial revolution. Algorithms have great capacity to perform mundane, repetitive tasks.
US WTI Oil is stuck in a range between 45 - 60 USD which will be difficult to break. The factors that weigh on gold seem to be stronger than those that predict upside for the precious metal.
US stocks should continue grinding higher by 5-8% a year as measured by the main indices S&P 500, DJIA, Nasdaq.
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Conflicts of interest: I may possess some of the securities,currencies or their derivatives mentioned in the blogpost and posts on social networks(Twitter, LinkedIn etc.)!
Kind regards,
Petar Posledovich
Stocks valuations, analysis. Unbiased. Insightful. Property of Wolfteam Ltd., www.wolfteamedge.com If you find the blog useful, LINK TO www.posledovich.blogspot.com Stocks, Bitcoin, Cryptocurrencies, AI, analysis, insights. CLICK ADVERTISEMENTS, SHARE ON SOCIAL NETWORKS! Technology, Bitcoin, AI, company strategy, stocks analysis. Stocks, crypto involve high RISK! Nothing on this blog is meant or should be construed as investment recommendation to buy or sell securities or their derivatives!
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