AI Tech Stocks Lead the Bull Market Charge

Stock-Markets / Tech Stocks Apr 28, 2021 - 08:54 PM GMT

let's see if the correction materialises so I can buy more stocks after the recent March dip in tech stocks that allowed me to pick up the likes of TSMC for $110, amongst several others on my target list including AMD and Nvidia, though Facebook failed to succumb to mainstream media hysteria instead took off like a rocket to currently stand at well above $300 which whether one likes it or not is precisely what one expects good stocks to do! Even the sleeping giant IBM broke out of it's year long trading range. Whilst Intel despite releasing a pile of garbage 11th Gen rocket lake processors, performing worse than their 10th Gen CPUs! That one would have thought would have resulted in weak hands selling out of their holdings and thus giving us a dip to below $50 to buy some more for the long-run, instead Intel has had a moon shot of its own trading towards 20 year highs! Hardly price action that one would expect from what I consider to be sleeping giants! Which is indicative of what's really going on under the hood that most still fail to grasp which is the exponential nature of the AI mega-trend and of course the rampant money printing inflation mega-trend. That and perhaps there aren't many weak hands left holding IBM and Intel stock.

And here's a reminder of where the AI stocks stood at the time of my last extensive update - AI Tech Stocks Buying Ratings, Levels and Valuations March 2021

This article is an excerpt form recant extensive analysis : How to Invest in HIGH RISK Tech Stocks for 2021 and Beyond

Topics covered Include:

Covid Current State
How to Get FREE Access to My Patreon Content for the Next 5 Years!
Dow Stock Market Dow Trend Forecast Current State
Stocks Bear Market / Crash Indicator (CI18)
AI Stocks Lead the Bull Charge
King Zuckerberg Tech Companies to Set up their own Governments!
Best AI ETF ?
INVESTING IN HIGH RISK TECH STOCKS
THE ONLY WAY TO GET THE BIG PAY OFFs
High Risk Tech Stocks Short List
TESLA DISCOUNTING THE FUTURE
4 More High Risk Tech Stocks
Who Wants to live Forever?

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.

How to Get FREE Access to My Patreon Content for the Next 5 Years!

The crypto mania is continuing to offer a short window of opportunity for likely only a few more months as Bitcoin continues to trade well above $50,000 which means virtually anyone with a decent GPU in their desktop PC can make easy money crypto mining in the background, and here's how my desktop PC is actually earning a net $6.50 per day crypto mining in the background, which within 3 weeks earned $136 net of UK electricity costs that resolves to $200 per month, more than enough to cover 5 years of Patreon fees at $3 per month ($180)!

Check out my video if you want FREE money, and yes my eyes rolled when I wrote that, sounds too good to be true. Though I do cover the risks in the video such as that the Bitcoin price WILL CRASH, and mining profits are GPU dependant. Nevertheless crypto mining in the background with Nicehash is generating $6.5 profit per day for me, so do look into crypto mining with your desktop PC whilst it lasts (referral link).

Video Contents:

00:20 Mining with NiceHash Intro
01:20 Limit GPU System Power Draw
02:58 3 Weeks Mining Earnings
03:38 Calculating Profitability
07:24 GPU settings for Mining in the background
08:46 Which GPU's are profitable
10:03 How long to crypto mine for
11:04 What to do with your bitcoin earnings
12.30 Spend Your Bitcoin when Price is High
13.30 Bitcoin Price Could CRASH
14:45 Mine whilst profitable to do so
16:33 What to do if Bitcoin Crashes

The bottom line is that the current free easy money crypto mining environment is time limited, how long will it persist for? Whilst I will do an analysis on the future prospects for the Bitcoin price in forthcoming piece. However, I don't see this crypto mania party extending much beyond 3 more months, especially as a major change is coming to Ethereum called EIP 1559 which will effectively halve the reward for miners. Note mining with NiceHash is actually done in Ethereum but the payout is in Bitcoin, more reason not to waste this time limited opportunity.

My analysis schedule includes:

When to Buy and Sell Stocks - Google Lesson on How to Invest
More High Risk Tech Stocks
Bitcoin Price Trend Forecast
UK House Prices Trend Analysis
How to Get Rich
US Dollar and British Pound analysis

So again for 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.

Nadeem Walayat

http://www.marketoracle.co.uk

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.

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.

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