2015.06.15 00:58 zeekyboy CrappyOffBrands
2015.09.12 10:50 xnzs WalmartLogistics
2011.04.01 01:51 armoreddillo Wal-Mart
2023.06.02 16:31 No_Competition4897 [HIRING] 25 Jobs in SC Hiring Now!
2023.06.02 16:29 perceivewithcaution I just made $9 stretch and got every household item on my list!
2023.06.02 16:21 Lazy-Application-232 Shattered RP! Developing city looking for EMS, PD, Civs, Crims, Starting Car, Business Owners, Devs & More!
2023.06.02 16:18 Motivated_CTA Should I be selective while applying for jobs?
2023.06.02 16:18 Lazy-Application-232 Shattered RP! Looking for EMS, PD, Civs, Crims, Business Owners, Devs & More!
2023.06.02 16:13 Queen_of_Meh1987 As a former Target team member, I'm enjoying watching the show.
2023.06.02 16:12 EducatorNo7150 I’m sorry for not sticking up for you, Alyssa
2023.06.02 16:06 NFLRules7 Should I Go Back To My Old Job?
2023.06.02 16:04 SchlesingerMindy323 [HIRING] 25 Jobs in DE Hiring Now!
2023.06.02 16:03 Apprehensive_Gur8188 Input/Advice Regarding "Portfolio" Sans Publications (PhD industry)
2023.06.02 16:01 OriginalPNWest PNWest's Rotten Restaurant Report (6/2)
2023.06.02 16:00 SatisfiedBucket Trying to mod pizza tower with a decomp
![]() | I'm trying to mod pizza tower with a decomp I found on 4chan, but I can't test it or export it to get the data file. submitted by SatisfiedBucket to PizzaTower [link] [comments] What do I do? (Yes, I already have Pizza Tower.) piss towel |
2023.06.02 15:56 hypoconsul I'm unemployed and I just got rejected for a job I was way overqualified for. I feel so hopeless.
2023.06.02 15:47 blogvarient Get Ready to Shop: Clearance Signs Unveil Unbeatable Offers
![]() | introductionAre you ready to score some amazing deals? If so, it's time to pay attention to those clearance signs popping up in stores near you. These colorful markers are the key to unlocking unbeatable offers on everything from clothing and electronics to home decor and more. But with so many sales happening all year round, how do you know which ones are worth your time and money? In this blog post, we'll share our top tips for spotting a good clearance sale, as well as the best things to buy during these events. Get ready for some serious shopping!The 5 best clearance sales to shop this year 1. Nordstrom Anniversary Sale One of the most highly anticipated clearance sales of the year is the Nordstrom Anniversary Sale, which typically takes place in July or August. This event offers huge discounts on designer clothing, shoes, accessories, and beauty products for women, men, and children. 2. Amazon Prime Day Another major clearance sale to watch out for is Amazon Prime Day. Usually held in mid-July (but postponed to October 2020), this online shopping extravaganza gives Prime members access to exclusive deals on a wide range of items including electronics, home appliances and more. 3. Target End-of-Season Sales Target's end-of-season clearance sales are always worth checking out if you're looking for affordable seasonal items like outdoor furniture or holiday decorations at discounted prices. 4. Macy's One-Day Sales Macy's famous one-day sales offer deep discounts on everything from clothing and jewelry to housewares and furniture several times throughout the year. 5. Walmart Black Friday When it comes to finding unbeatable deals on electronics and home goods during Thanksgiving weekend (late November), look no further than Walmart’s Black Friday sale with its special “doorbuster” offers that make lines form long before stores open. How to spot a good clearance sale Clearance sales can be a great way to save money on items you need or want. However, not all clearance sales are created equal. Here are some tips for spotting a good one. Firstly, look for signs that indicate the sale is legitimate and not just a marketing ploy. For example, signs that say "Final Clearance" or "Everything Must Go" suggest that prices will indeed be reduced significantly. Secondly, do your research before heading to the store. Check online reviews to see if other shoppers have found good deals during previous clearance events at that particular retailer. Once you arrive at the store, take note of how much inventory is left on the shelves. If there's still plenty of stock available, it's possible that prices may drop even more in future days or weeks. Pay attention to whether newer items are included in the clearance sale or just older models/seasonal items. Often times retailers will use clearance sales as an opportunity to get rid of outdated merchandise but also new products with minor defects. By following these tips, you'll increase your chances of finding great deals at a good clearance sale! Tips for getting the most out of clearance shopping Clearance signs shopping is a great way to snag amazing deals on items you may not have been able to afford otherwise. It can be a bit overwhelming though, so here are some tips for getting the most out of your clearance shopping experience. td {border: 1px solid #cccccc;}br {mso-data-placement:same-cell;}Clearance signs Firstly, always go with an open mind. Don't have specific items in mind that you're dead set on buying because it's likely they won't be available or there might not be any good deals on them. Instead, keep an eye out for things that catch your interest and try them out. Another tip is to plan ahead and do your research before heading into the store. Check their website or social media pages to see if they've advertised any upcoming sales or promotions. When browsing through clearance racks, make sure you thoroughly check each item for defects or damages before purchasing. Sometimes these items are on clearance because they were returned or damaged in some way. It's also important to remember that just because something is heavily discounted doesn't mean it's necessarily a good deal. Make sure you compare prices between stores and online retailers before making a purchase. Don't forget about loyalty programs! Many stores offer rewards points or discounts specifically for clearance purchases which can save you even more money in the long run. By following these simple tips, you'll be able to navigate through those crowded clearance aisles like a pro and score some amazing deals along the way! The best things to buy on clearance Clearance sales are the perfect opportunity to snag some amazing deals on items that you may have been eyeing for a while but were hesitant to purchase at full price. However, not all clearance items are created equal and it's important to know what products make the most sense to buy during these sales. One of the best things to buy on clearance is seasonal clothing. Retailers need to quickly clear out space for new inventory and often heavily discount last season's styles. This means you can score great deals on winter coats in the spring or swimsuits in the fall. Another item to keep an eye out for during clearance events is electronics. As new models are released, retailers will often offer discounts on older technology as they try to move their remaining stock. Home goods such as bedding, decor, and small appliances also tend to be discounted heavily during clearance sales. This is a great time to upgrade your living space without breaking the bank. Don't forget about stocking up on basic essentials like toiletries and cleaning supplies during clearance events. These products rarely go bad and buying them at a discounted price can save you money in the long run. Keeping an eye out for these types of items during clearance sales can potentially save you hundreds of dollars throughout the year! Conclusion Clearance sales provide an excellent opportunity to get amazing deals on items you've been eyeing for a long time. By following the tips mentioned in this blog post, you can make the most out of your clearance shopping experience. Remember to keep an eye out for good clearance signs, not just during seasonal sales but all year round. Keep track of when your favorite stores have their annual clearance events and mark them on your calendar so that you don't miss out on any great offers. Moreover, always have a game plan before heading to the store by creating a list of things you need and setting a budget. This will help prevent impulse purchases and ensure that you stay within your means while still getting everything you want from the sale. Be sure to do some research beforehand to know what merchandise is likely to go on clearance soon or which products generally sell well at discounted prices. Armed with this knowledge, you'll be able to shop smarter and come away with unbeatable bargains. So next time there's a big "clearance" sign outside your favorite store, go ahead – step inside! With these tips under your belt, there's no reason why taking advantage of those unbeatable offers shouldn't become one of your favorite pastimes! |
2023.06.02 15:42 Ssaeat Is it possible to get away with working at a small town coffee shop as well as Starbucks at the same time?
2023.06.02 15:38 egull5435 Autozone Interview (update)
2023.06.02 15:37 eatonphil Database-y jobs on HN Who's Hiring June
2023.06.02 15:35 hannahnotgay medical emergency
2023.06.02 15:33 IridiumEgo There shouldn't be a price, but I can't help but feel at a loss
2023.06.02 15:26 GoStockGo Predictmedix Inc. (CSE: PMED, OTCQB: PMEDF) Special Report
![]() | Predictmedix – a great way to surf the Artificial Intelligence wave. submitted by GoStockGo to StonkFeed [link] [comments] https://preview.redd.it/kg4bcsw4wl3b1.jpg?width=741&format=pjpg&auto=webp&s=728d042d11fd1e03cff86a22052e7f72345dbb08 There is a saying attributed to Mark Twain that goes, “History doesn’t repeat itself, but if often rhymes.” This means circumstances might be different but similar events often recur. This is good because securities regulators demand that you make it clear that in the financial markets, “Past performance is no guarantee of future results.” However, investment analysts continue to use rhymes and here’s one that could help you see sizeable investment returns from Predictmedix Inc. (CSE: PMED, OTCQB: PMEDF). This is how the rhyme comes together: A. The 1990s technology boom: The parallel I see is between the current Artificial Intelligence cycle and the dot-com stock market cycle of ≈1990 to ≈ 2002. As background, the 1990s either developed or laid the groundwork for changes that completely transformed the world we live in. Out of that time came many new technologies and related developments and each was highly disruptive. Here is a very brief list of some of those developments: (1) Nokia was the first mass-produced cellphone offered in 1992 with the ability to send and receive phone calls as well as store data (e.g. phone numbers). (2) The World Wide Web, a.k.a. the Web browser was proposed in 1990 and debuted in 1991. This was the start of the Internet, Websites, e-mails and a massive amount of information that would become available to everyone. (3) With the explosion of data available, finding it became a challenge. Mosaic started as the first search engine in 1993 followed by Yahoo in 1994 and Google in 1998. Today, Google has risen to the top and become synonymous with an Internet search. Google it. (4) Other important developments of that time included the growth in the capacity of microprocessors, Photoshop, texting, rechargeable lithium-ion batteries, realistic videogames for a more adult market, collecting and using DNA, the start of e-tailing and more. (5) Finally, we have the stock market. Cisco, Dell, Intel and Microsoft are sometimes referred to as the four horsemen of the 1990s tech boom. But we can’t ignore Apple and Google and there were many more that benefited. The smaller, new, Initial Public Offering companies came to the fore with incredibly high returns in the second half of the 1990s. The chart to the right shows how stock markets performed during the 1990’s high-tech boom. A few things are worth noting: (1) The Dot.Com stock market cycle lasted a long t time. Essentially, more than the decade of the 1990s. It’s length reflected the importance of the fundamental changes taking place. (2) There was an important development regarding the stock market that has become part of the stock market legend. On December 5, 1996, Federal Reserve Board Chairman Alan Greenspan in a televised speech used the term “irrational exuberance” to describe a stock market that he thought was highly speculative and overvalued. His comment was intended as a warning from the Fed that the stock market, driven by the high-tech developments described above, was overvalued. His timing was five years early which is a lifetime in the stock market. (3) The five years after Greenspan’s “irrational exuberance” statement was the most profitable for investors of the entire ten years plus of the stock market cycle. As you sit reading this brief, imagine your life without a cell phone, the Internet, e-mail and text messages. How different would your life be without just these four products that emerged from the 1990s. A more relevant question might be how different would your life be if you had purchased shares in Apple or Cisco or Dell or Google or Microsoft back then? B. The Artificial Intelligence Boom (AI): The term Artificial Intelligence was created in 1955. The idea was to have a machine that could take data, and find patterns that would enable it to make predictions and reach conclusions (make decisions). The Oxford Dictionary defines AI as “The theory and development of computer systems able to perform tasks that normally require human intelligence, such as visual perception, speech recognition, decision-making, and translation between languages.” It was Moore’s Law in 1975 that stated the capacity of semiconductors would continue to double every two years which enabled computers to be able to put into practice the AI Boom that is taking place today. Current forecasts say the AI industry will grow to $900 billion by 2026 and $15.7 trillion by 2030. AI growth in the 1920s could dwarf anything high-tech was able to accomplish in the 1990s. (1) There is an Artificial Intelligence (AI) boom going on and many people don’t yet realize it is even happening. AI is used in: i. Self-driving and parking cars. AI is used by Audi, Mercedes-Benz, Tesla, Toyota and Volvo. ii. Maps and navigation. Enter where you are and where you want to go by car and Google Maps, for example, will give you a choice of routes, the time optimal route taking into account construction and traffic. iii. Facial detection or recognition. Facial detection identifies a human face or facial recognition that identifies a specific face that can be used for surveillance and security. iv. Digital assistants such as Amazon’s Alexa, Apple’s Siri, Google’s Now and Microsoft’s Cortana. When combined with search and recommendation AI, Alexa or Siri is able to learn your preferences and recommend things you are interested in. v. Customer service chatbots that answer frequently asked questions, track orders or direct calls. Often people will be unaware they are dealing with a machine. vi. Vehicle recognition use computer vision and deep learning to find a specific car on a surveillance video. vii. Robot vacuums can scan a living area, look for and remember objects in the way, remember the best route for cleaning the area and decide how many times it should repeat cleaning a specific area. It is estimated that by 2030, between 400 and 800 million jobs will be displaced by Artificial Intelligence and 375 million people will have to change to a totally different type of work. It is also forecast that it is not just lower-paying, blue-collar jobs that will be replaced by AI. Jobs such as accountants, lawyers, doctors, investment advisors and portfolio managers might all be substantially eliminated. AI will impact all industries and the rate of change will be exponential, that is, the rate of change will accelerate. For example, what does a doctor do? In general, a doctor gathers new information, refers to a patient’s medical history, refers to a medical book or today’s Internet, makes a diagnosis and provides s treatment. This is also what a lawyer does. AI might reach the point where it can do it faster and better than a human.. AI does present threats to human existence. As AI is changing exponentially, it will happen faster than the technology boom of the 1990s. It took technology 20 years to produce the changes we discussed above. AI could produce equivalent changes in 10 or 15 years. For example, ChatGPT, an AI product went from zero to 100 million users within months making it the fastest-growing consumer software product in history. There will be others. (2) The AI shift could drive economic change and a stock market cycle at least as significant as the last “dot.com” cycle. The “go-to” companies today for participation in AI are the likes of Alphabet (NASDAQ: GOOGL), Amazon (NASDAQ: AMZN), Meta (NASDAQ: META), Microsoft (NASDAQ: MSFT), Nvidia (NASDAQ: NVDA) and Oracle (NYSE: ORCL). These are very large companies. GOOGL has a market cap of $1.6 trillion, AMZN has a market cap of $1.2 trillion, META has a market cap of $$648 billion, MSFT has a market cap of $2.4 trillion, NCDA has a market cap of $963 billion and ORCL has a market cap of $282 billion. (3) While these are excellent businesses, they are also amongst the world’s largest companies. In 2022, GOOGL, META and MSFT purchased 2 out of every 3 AI chips. In my opinion, it is almost unthinkable that GOOGL can be a ten-bagger from a base market cap of $1.6 trillion or AMZN from $1.2 trillion. But it is clear these stocks now have a major component of their value derived from involvement in Artificial Intelligence and it is not surprising that early adopters would choose a lower risk/lower return approach to gain exposure to an emerging Artificial Intelligence industry. (4) The changes created by AI also carry some risks. The speed of change will be challenging to human beings. There are forecasts that say one in four workers globally will see their jobs disappear and one in eight workers will have to be retrained in a totally unrelated field. During the industrial revolution and the tech boom, there was always the promise of more and better jobs. With AI we may have reached the point where machines actually do replace workers. (5) Cathie Wood is a well-known and widely followed money manager with a reputation for expertise in the Artificial Intelligence sector. Wood manages a range of portfolios including the ARK Innovation Exchange Traded Fund (ARKK) and since its founding in 2014, Bloomberg estimates NDVA has contributed 13% of the fund’s 112% total return only behind Grayscale Bitcoin Trust, Invitae Corp and Tesla. That is all positive but Wood sold the ARKK holding in NVDA in January 2023 just before it rallied strongly adding some $560 billion to its market cap with $200 billion coming on one day after reporting earnings. Wood’s investors have basically missed the huge rally in the stock and the sector in 2023. (6) But there is another phase I would look for and that is the participation of smaller, retail investors. Whether it was in the tech cycle I discussed above, the “meme” stocks or commodity exploration and development cycles in the past, the retail investor buys in before the bull market ends. Market pundits such as Citi global asset allocation and Vanda Research make the same observation: where is the retail investor? We know the institutional investors have been getting in. So far in 2023 according to Bloomberg, the top 4% of stocks in the S&P 500 have contributed 94% of the index return and 8 of the top 20 include Apple, Microsoft, Amazon, Alphabet Class A, NVIDIA, Alphabet Class C, Tesla and Meta. In other words, the top 2% of the stocks in the S&P 500 contributed 94% of the return. Through mid-May, if the AI stocks are omitted, the S&P Index would be down -1.4% instead of up +8.3%. All of these stocks are AI leaders and each of them is an institutional stock. Yet, I believe the retail investor will come into the market and when they do, it is stocks like PMED for which they have always had an appetite. C. I think investors will get more bang for their buck by investing in a small company like Predictmedix Inc. (CSE: PMED, OTCQB: PMEDF) with a total commitment to AI. From a base market cap of $16.6 million and, as I have pointed out in recent reports, many different business verticals to get them higher, I see PMED as a unique opportunity for aggressive growth investors. It is hard to imagine any decade having more of an impact on the ensuring socio-economic decades than the 1990s. Imagine your activities today without your cellphone, Internet, email and texting. I expect the cycle driven by AI to be a long one, similar to the dot-com cycle that lasted longer than the decade of the 1990s. To the right is a chart published by Luke Lango’s Hypergrowth Investing. It shows the stock market in the 1990s and overlays current results. The parallels Lango sees include: • Federal Reserve’s tight money policy slowed economic growth in 1990 as it is doing currently. • In 1990, the markets were down around 20% and in 2022 stocks dropped around 25%. • In late 1990, the Fed started reducing interest rates and the markets rebounded. • In late 2022, the Fed has turned less hawkish and into 2023 has slowed the pace of interest rate increases. The markets have been recovering. • In the early 1990’s, the dot-com stock market rally began and the market would advance generally higher for the rest of the decade and into the new millennium. • Today, it is Artificial Intelligence that is pushing stocks higher and given my expectations for AI, it could stock prices higher until at least 2030. Conclusion: I believe Predictmedix Inc. (CSE: PMED, OTCQB: PMEDF) is exceptionally well positioned to participate in the upcoming boom in Artificial Intelligence. There are many different ways to describe market cycles that evolve around such drivers. Here is mine:
|
2023.06.02 15:25 GoStockGo Predictmedix Inc. (CSE: PMED, OTCQB: PMEDF) Special Report
![]() | Predictmedix – a great way to surf the Artificial Intelligence wave. submitted by GoStockGo to PennyHaven [link] [comments] https://preview.redd.it/32yljrc6wl3b1.jpg?width=741&format=pjpg&auto=webp&s=af6eca4f1a380c15e08b20f6e4603b4836535991 There is a saying attributed to Mark Twain that goes, “History doesn’t repeat itself, but if often rhymes.” This means circumstances might be different but similar events often recur. This is good because securities regulators demand that you make it clear that in the financial markets, “Past performance is no guarantee of future results.” However, investment analysts continue to use rhymes and here’s one that could help you see sizeable investment returns from Predictmedix Inc. (CSE: PMED, OTCQB: PMEDF). This is how the rhyme comes together: A. The 1990s technology boom: The parallel I see is between the current Artificial Intelligence cycle and the dot-com stock market cycle of ≈1990 to ≈ 2002. As background, the 1990s either developed or laid the groundwork for changes that completely transformed the world we live in. Out of that time came many new technologies and related developments and each was highly disruptive. Here is a very brief list of some of those developments: (1) Nokia was the first mass-produced cellphone offered in 1992 with the ability to send and receive phone calls as well as store data (e.g. phone numbers). (2) The World Wide Web, a.k.a. the Web browser was proposed in 1990 and debuted in 1991. This was the start of the Internet, Websites, e-mails and a massive amount of information that would become available to everyone. (3) With the explosion of data available, finding it became a challenge. Mosaic started as the first search engine in 1993 followed by Yahoo in 1994 and Google in 1998. Today, Google has risen to the top and become synonymous with an Internet search. Google it. (4) Other important developments of that time included the growth in the capacity of microprocessors, Photoshop, texting, rechargeable lithium-ion batteries, realistic videogames for a more adult market, collecting and using DNA, the start of e-tailing and more. (5) Finally, we have the stock market. Cisco, Dell, Intel and Microsoft are sometimes referred to as the four horsemen of the 1990s tech boom. But we can’t ignore Apple and Google and there were many more that benefited. The smaller, new, Initial Public Offering companies came to the fore with incredibly high returns in the second half of the 1990s. The chart to the right shows how stock markets performed during the 1990’s high-tech boom. A few things are worth noting: (1) The Dot.Com stock market cycle lasted a long t time. Essentially, more than the decade of the 1990s. It’s length reflected the importance of the fundamental changes taking place. (2) There was an important development regarding the stock market that has become part of the stock market legend. On December 5, 1996, Federal Reserve Board Chairman Alan Greenspan in a televised speech used the term “irrational exuberance” to describe a stock market that he thought was highly speculative and overvalued. His comment was intended as a warning from the Fed that the stock market, driven by the high-tech developments described above, was overvalued. His timing was five years early which is a lifetime in the stock market. (3) The five years after Greenspan’s “irrational exuberance” statement was the most profitable for investors of the entire ten years plus of the stock market cycle. As you sit reading this brief, imagine your life without a cell phone, the Internet, e-mail and text messages. How different would your life be without just these four products that emerged from the 1990s. A more relevant question might be how different would your life be if you had purchased shares in Apple or Cisco or Dell or Google or Microsoft back then? B. The Artificial Intelligence Boom (AI): The term Artificial Intelligence was created in 1955. The idea was to have a machine that could take data, and find patterns that would enable it to make predictions and reach conclusions (make decisions). The Oxford Dictionary defines AI as “The theory and development of computer systems able to perform tasks that normally require human intelligence, such as visual perception, speech recognition, decision-making, and translation between languages.” It was Moore’s Law in 1975 that stated the capacity of semiconductors would continue to double every two years which enabled computers to be able to put into practice the AI Boom that is taking place today. Current forecasts say the AI industry will grow to $900 billion by 2026 and $15.7 trillion by 2030. AI growth in the 1920s could dwarf anything high-tech was able to accomplish in the 1990s. (1) There is an Artificial Intelligence (AI) boom going on and many people don’t yet realize it is even happening. AI is used in: i. Self-driving and parking cars. AI is used by Audi, Mercedes-Benz, Tesla, Toyota and Volvo. ii. Maps and navigation. Enter where you are and where you want to go by car and Google Maps, for example, will give you a choice of routes, the time optimal route taking into account construction and traffic. iii. Facial detection or recognition. Facial detection identifies a human face or facial recognition that identifies a specific face that can be used for surveillance and security. iv. Digital assistants such as Amazon’s Alexa, Apple’s Siri, Google’s Now and Microsoft’s Cortana. When combined with search and recommendation AI, Alexa or Siri is able to learn your preferences and recommend things you are interested in. v. Customer service chatbots that answer frequently asked questions, track orders or direct calls. Often people will be unaware they are dealing with a machine. vi. Vehicle recognition use computer vision and deep learning to find a specific car on a surveillance video. vii. Robot vacuums can scan a living area, look for and remember objects in the way, remember the best route for cleaning the area and decide how many times it should repeat cleaning a specific area. It is estimated that by 2030, between 400 and 800 million jobs will be displaced by Artificial Intelligence and 375 million people will have to change to a totally different type of work. It is also forecast that it is not just lower-paying, blue-collar jobs that will be replaced by AI. Jobs such as accountants, lawyers, doctors, investment advisors and portfolio managers might all be substantially eliminated. AI will impact all industries and the rate of change will be exponential, that is, the rate of change will accelerate. For example, what does a doctor do? In general, a doctor gathers new information, refers to a patient’s medical history, refers to a medical book or today’s Internet, makes a diagnosis and provides s treatment. This is also what a lawyer does. AI might reach the point where it can do it faster and better than a human.. AI does present threats to human existence. As AI is changing exponentially, it will happen faster than the technology boom of the 1990s. It took technology 20 years to produce the changes we discussed above. AI could produce equivalent changes in 10 or 15 years. For example, ChatGPT, an AI product went from zero to 100 million users within months making it the fastest-growing consumer software product in history. There will be others. (2) The AI shift could drive economic change and a stock market cycle at least as significant as the last “dot.com” cycle. The “go-to” companies today for participation in AI are the likes of Alphabet (NASDAQ: GOOGL), Amazon (NASDAQ: AMZN), Meta (NASDAQ: META), Microsoft (NASDAQ: MSFT), Nvidia (NASDAQ: NVDA) and Oracle (NYSE: ORCL). These are very large companies. GOOGL has a market cap of $1.6 trillion, AMZN has a market cap of $1.2 trillion, META has a market cap of $$648 billion, MSFT has a market cap of $2.4 trillion, NCDA has a market cap of $963 billion and ORCL has a market cap of $282 billion. (3) While these are excellent businesses, they are also amongst the world’s largest companies. In 2022, GOOGL, META and MSFT purchased 2 out of every 3 AI chips. In my opinion, it is almost unthinkable that GOOGL can be a ten-bagger from a base market cap of $1.6 trillion or AMZN from $1.2 trillion. But it is clear these stocks now have a major component of their value derived from involvement in Artificial Intelligence and it is not surprising that early adopters would choose a lower risk/lower return approach to gain exposure to an emerging Artificial Intelligence industry. (4) The changes created by AI also carry some risks. The speed of change will be challenging to human beings. There are forecasts that say one in four workers globally will see their jobs disappear and one in eight workers will have to be retrained in a totally unrelated field. During the industrial revolution and the tech boom, there was always the promise of more and better jobs. With AI we may have reached the point where machines actually do replace workers. (5) Cathie Wood is a well-known and widely followed money manager with a reputation for expertise in the Artificial Intelligence sector. Wood manages a range of portfolios including the ARK Innovation Exchange Traded Fund (ARKK) and since its founding in 2014, Bloomberg estimates NDVA has contributed 13% of the fund’s 112% total return only behind Grayscale Bitcoin Trust, Invitae Corp and Tesla. That is all positive but Wood sold the ARKK holding in NVDA in January 2023 just before it rallied strongly adding some $560 billion to its market cap with $200 billion coming on one day after reporting earnings. Wood’s investors have basically missed the huge rally in the stock and the sector in 2023. (6) But there is another phase I would look for and that is the participation of smaller, retail investors. Whether it was in the tech cycle I discussed above, the “meme” stocks or commodity exploration and development cycles in the past, the retail investor buys in before the bull market ends. Market pundits such as Citi global asset allocation and Vanda Research make the same observation: where is the retail investor? We know the institutional investors have been getting in. So far in 2023 according to Bloomberg, the top 4% of stocks in the S&P 500 have contributed 94% of the index return and 8 of the top 20 include Apple, Microsoft, Amazon, Alphabet Class A, NVIDIA, Alphabet Class C, Tesla and Meta. In other words, the top 2% of the stocks in the S&P 500 contributed 94% of the return. Through mid-May, if the AI stocks are omitted, the S&P Index would be down -1.4% instead of up +8.3%. All of these stocks are AI leaders and each of them is an institutional stock. Yet, I believe the retail investor will come into the market and when they do, it is stocks like PMED for which they have always had an appetite. C. I think investors will get more bang for their buck by investing in a small company like Predictmedix Inc. (CSE: PMED, OTCQB: PMEDF) with a total commitment to AI. From a base market cap of $16.6 million and, as I have pointed out in recent reports, many different business verticals to get them higher, I see PMED as a unique opportunity for aggressive growth investors. It is hard to imagine any decade having more of an impact on the ensuring socio-economic decades than the 1990s. Imagine your activities today without your cellphone, Internet, email and texting. I expect the cycle driven by AI to be a long one, similar to the dot-com cycle that lasted longer than the decade of the 1990s. To the right is a chart published by Luke Lango’s Hypergrowth Investing. It shows the stock market in the 1990s and overlays current results. The parallels Lango sees include: • Federal Reserve’s tight money policy slowed economic growth in 1990 as it is doing currently. • In 1990, the markets were down around 20% and in 2022 stocks dropped around 25%. • In late 1990, the Fed started reducing interest rates and the markets rebounded. • In late 2022, the Fed has turned less hawkish and into 2023 has slowed the pace of interest rate increases. The markets have been recovering. • In the early 1990’s, the dot-com stock market rally began and the market would advance generally higher for the rest of the decade and into the new millennium. • Today, it is Artificial Intelligence that is pushing stocks higher and given my expectations for AI, it could stock prices higher until at least 2030. Conclusion: I believe Predictmedix Inc. (CSE: PMED, OTCQB: PMEDF) is exceptionally well positioned to participate in the upcoming boom in Artificial Intelligence. There are many different ways to describe market cycles that evolve around such drivers. Here is mine:
|
2023.06.02 15:25 thabu I think I have experienced two weird Alchemical synchronisities.