Over the past year, my team has covertly developed what our executives are internally calling the biggest and boldest initiative ever launched in InvestorPlace history. And it centers around using AI to pick the best breakout stocks.
Specifically, we’ve been tasked with creating an AI-powered algorithmic trading system that can consistently crush the market.
We aren’t talking about investing in the best AI stocks. We’re talking about using AI to regularly pick the best stocks ripe for a price breakout.
This project has been our obsession for most of 2023.
And just this past week, we were finally able to unveil our new AI system to the public.
Folks, meet Prometheus.
Meet Project Prometheus
Prometheus is an AI system trained on hundreds of thousands of financial market data points. And its singular goal is to pinpoint the exact moment a stock is ready to surge higher.
It leverages more than 50 technical and fundamental factors to tailor AI models for every applicable stock in the market. And it uses that data to ascertain the probability for a major breakout in a stock over the next month.
That is, Prometheus scans the entire stock market every week, then uses that timely data to gauge the probability that a given stock will surge higher in price over the next few weeks.
The higher the score, the more likely the stock is to surge over the next month. The lower the score, the less likely.
Sounds pretty awesome, right?
Imagine knowing, with a quantified measure of certainty, that a stock will either go up or down significantly over the next few weeks.
I’m sure it would make a world of difference for your investment strategy.
It has for us. Over and over, we’ve back-tested this model; and it has produced stunning results. Just a few weeks ago, we also started using it in real time. And it helped us find one stock that has since popped more than 50% in just a week!
Point being: Prometheus works. It is an absolute game-changer. And now it’s live and ready to help you juice your portfolio gains.
But before we do, we must first explain why Prometheus is such a strong system and, more broadly, why using AI makes so much sense when it comes to picking stocks.
AI Is All About the Data
When it comes to AI, it’s all about the data.
Artificial intelligence is nothing more than a collection of machine learning algorithms that parse through and learn from various data points. The more data you give those algos, the better the AI becomes.
Specifically, AI needs the so-called “4 Vs” of data to be a robust tool: volume, variety, velocity, and veracity.
You need a lot of data (volume), different types of data (variety), a constant flow of data (velocity), and accurate data (veracity).
You throw a bunch of high-volume, high-variety, high-velocity, and high-veracity data at an AI model, and that model will kick butt and take names.
Every single weekday, from 9:30 a.m. to 4 p.m. Eastern Time, the stock market is open. It’s taking buy orders, sell orders, options contracts, and more – billions of them, every single day.
The average daily volume across the Nasdaq Composite index is 5 billion shares. That’s 5 billion buy and sell transactions a day – 5 billion data points for AI to train on every single day.
And each one of those data points leads to a whole host of others. For example, every time a stock changes in price, even by just a penny, it produces a whole new Relative Strength Index data point, Moving Averages data points, McClellan Oscillator data point, etc.
Every time a stock moves, it generates more than 50 alternative data points through all of the technical indicators associated with it.
That’s more than 50 alternative data points for each of the 5 billion data points that the Nasdaq Composite generates every single day.
That means, across the Nasdaq alone, the stock market generates more than 250 billion data points across thousands of stocks.
Talk about volume, variety, velocity, and veracity.
The Final Word on Driving Profits With AI
And indeed, as the old saying goes, people speak with their dollars. That makes the stock market a utopia for training AI models.
This is why we’re already seeing some of the smartest folks on Wall Street deploy advanced AI models to make money in the markets.
For example, major investment firm Voya Investment Management is actively using AI models to help craft investment strategies across stocks, bonds, and more. Those models are doing exceptionally well. As of June, they were beating the S&P 500 by about 2:1.
I’m confident that within five years, every major investment firm on Wall Street, every professional trader, every big hedge fund, mutual fund, and family office will be using AI to pick stocks.
And those who don’t adopt an AI-powered investment strategy will get left behind…
So, if you want to be on the winning side of the market, take advantage of our next-gen AI-driven trading tool.
It’ll mark a huge step in your journey toward turning AI into your ultimate advantage – your ultimate tool for creating wealth in this new economy.
If you want to start getting in front of stocks before they jump 100% or more with near mathematical precision…
On the date of publication, Luke Lango did not have (either directly or indirectly) any positions in the securities mentioned in this article.