This is a long and detailed article about trading using artificial intelligence (AI) tools from VantagePoint AI. The article provides an in-depth analysis of the stock $WM, which is likely Waste Management Inc.
Here are some key points mentioned in the article:
- Seasonal Analysis: The article mentions that from mid-October to December, the seasonal trend for $WM was highly correlated with its price action.
- Intermarket Analysis: The article discusses how intermarket analysis can help traders understand relationships between different markets and asset classes.
- Neural Networks: The article highlights the use of neural networks in trading, which can provide valuable insights into market patterns and trends.
- VantagePoint AI Tools: The article showcases various tools from VantagePoint AI, including:
- Daily Range Forecast: A tool that predicts daily price ranges for a stock or asset.
- Triple Cross Indicator: A technical indicator that provides buy and sell signals based on chart patterns.
- Neural Index Indicator: A tool that uses neural networks to analyze market trends and provide trading signals.
- Trading Strategy: The article suggests using the AI forecast as guidance for buying pullbacks in $WM, which is considered a fairly valued stock by Wall Street analysts.
- Risk Management: The article emphasizes the importance of practicing good money management on all trades and following the AI forecast for optimal entries and exits.
Some potential trading strategies mentioned in the article include:
- Buying $WM on pullbacks as long as the AI forecast is bullish.
- Using the Daily Range Forecast to determine optimal entry and exit points.
- Focusing on stocks that are trading at 52-week highs and 10-year highs, such as $WM.
However, it’s essential to note that this article is not a recommendation or endorsement of any specific trading strategy or investment advice. It’s crucial to consult with financial professionals and conduct thorough research before making any trading decisions.