AI FOMO is Raging

This week, our theme is all about that [AI FOMO is Raging] in the market. It all began after the recent Nvidia earnings, when the stock sold off pre-earnings amidst concerns about potential disappointments. However, to everyone's surprise, Nvidia ended up beating expectations and raising their guidance, leading to a surge in their stock price. This positive news triggered an AI FOMO frenzy, causing other AI-related stocks such as SMCI and AMD to also experience a significant increase.

We have been discussing the AI bubble and its potential to burst for almost a year now. So, how can we navigate through the hype cycle and trade both on the upside and downside of this trend? You can refer to our previous discussions and videos , which we have linked in the description below. Additionally, we have also shared notes from last year's discussion, where we talked about warning signs, similarities to the dotcom bubble, and the technology adoption cycle. It is essential to understand these factors when trading in a FOMO-driven market. In our previous videos , we have also talked about how to find the best AI-related ETFs and artificial intelligence stocks.

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CHAPTERS
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00:00 - AI FOMO is Raging Strategies
14:33 - BeachBum Trading Sites
15:21 - Discord Invite

TRADING PLATFORMS
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RELATED VIDEOS
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AI FOMO is Raging | [Weekly Trading Game Plan] 2/26 – 3/1/24 | Part 1 https://youtube.com/live/GWAHnYf4Q2E
AI at Peak Hype? https://youtube.com/shorts/9P_GcyqH5cw
Is the AI Bubble about to Burst https://youtu.be/xBFTC3-2ayg
Is the AI Bubble about to Burst? | [Weekly Trading Game Plan] 6/5 – 6/9/23 | Part 1 https://youtube.com/live/WuPvAV3fTW8
Best AI related ETFs https://youtu.be/CDct1C7Ki88
How to Find Artificial Intelligence Stocks https://youtu.be/tD0h-6nBC5M
How to Find Artificial Intelligence Stocks | Part 2 https://youtu.be/a_RvvDtRMH8

#BeachBumTrading #ai #fomo

REFERENCES
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Weekly Trading Game Plan Notes for 2/26 – 3/1/24 - Part 1 https://docs.google.com/document/d/1G4BtfX6pkSq55AYAVe2BR9EQ7JKZSCcQmDc73urZtvI/edit?usp=sharing
Weekly Trading Game Plan Notes for 6/5 – 6/9/23 - Part 1 https://docs.google.com/document/d/1rBA4KP56CcUk0hNjR3cmxRJZHHxQicNziZuQzUv0JwA/edit?usp=sharing

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