We beat the market

Hi, Hope you are safe and sound. Here’s an update about the success of the Pittsburgh Financial Advisors’ AI based Investment Engine which you might find interesting.  In September, 19 stock picks were picked by our Engine and sent to our exclusive community.¬†¬†Here is that ticker list:ZEUS,VNCE,USAP,TA,SXC,STRT,SGMA,SCX,SCSC,QEP,PVAC,LMB,INT,GIII,GCI,DISCA,BBGI,ANDE,AMRKOne month later, the 19 stock picks beat the market  Read more ➝

In depth review of stock screener picks: AMRK,SGMA

AMRK A-Mark Precious Metals, Inc. Financial Capital Markets AMRK SGMA SigmaTron International, Inc. Technology Electronic Components USA SGMA stock information Here we will take a look at these two stocks picked out due to high sales, high profits, and low price, by the algorithm. SGMA, SigmaTron International, Inc. is a small cap (~$13 Million) company  Read more ➝

Many are picking individual stocks, is that a good idea?

https://www.whitecoatinvestor.com/picking-individual-stocks-is-a-losers-game/https://thebamalliance.com/blog/the-perils-of-owning-individual-stocks/ In general, the average investor who picks individual stocks would be better off in an index fund. 25% of stocks are responsible for all of the market’s gains.

Future of Covid 19

The stock market keeps rising and falling as different ideas on the future of covid-19 come through. Follow up to the unemployment: how many people will die of unemployment per year? About 6,400 people per year per 1% extra unemployment (currently 10% more or so). That is based on these figures: 74% increase in all  Read more ➝

Specific Plan

Here is the specific plan to handle the industry disruption: Have me use my training as an enterprise architect to gather requirements for custom indexes from several local financial advisors. Allow me to coordinate a request to CMU , Google and others to have students work on algorithms, data, and backtests, managed by me (due  Read more ➝

Financial Advisor “Disruption”

When Uber and Lyft invaded the taxi industry, Turbotax disrupted the tax industry, and Amazon disrupted retail, delivery, and many other industries, many denied their risk. The robots are coming for financial advisors. We should try to manage risk, even embrace it. Disruption will happen, but it is survivable for those who adapt. The personal  Read more ➝

Market down – when and where to invest in the recovery

Many people are wondering where to invest now.The best answer, if you don’t have the resources to do a fundamental computer analysis, would be to go for the index funds and waiting.Many stores are falling apart, like macy’s, jcpenny, and others. Their stock prices are too low to even short sell them. It is almost  Read more ➝

We Just Learned Our Lesson, But What Did We Learn?

Right now, if you ask most people, they will tell you what they think we have learned from the Covid-19 pandemic. However, if we haven’t learned as a society, then we haven’t learned at all. What could we have done better from the start? What will we do better next time? Spoiler Alert: There will  Read more ➝