This analysis will now seek to update potential buying levels for AI stocks during Q2 of where stocks could trade down to in terms of technical support levels during the anticipated general stock market correction of about 15% that should be imminent.

Top 5 AI Stocks are all primary, the ordering of which is arbitrary for instance of the 3 Google, Amazon and Microsoft it's a toss up of which comes first. For instance If I was compiling the list today then I would likely put Amazon at No1 ahead of Google. So keep in mind that the rankings are more in terms of primary, Secondary and Tertiary rather than their number order.

4. INTEL (INTC)

INTEL is an EASY stock to get invested in as it has given countless opportunities to accumulate at sub $50. The Corona crash saw the stock trade down to $43.63. Those looking to buy had NO EXCUSES for not doing so! CLEARLY there was no more downside given the string of support levels that run from $42 to $48, where any price in that range is a great price to accumulate in this Chip giant that is increasingly incorporating AI INTO it's microprocessors whilst also working on Quantum computers.

This video is an excerpt from extensive analysis the whole of which was first made available to Patrons who support my work:

AI Mega-trend Stocks Buying Levels Q2 2020

Stock Market Trend Forecast Summary
Britain's FAKE Coronavirus Death Statistics Exposed
Implied Case Fatality Rate
United States Coronavirus Trend Trajectory Update
Perceiving Coronavirus as a Disruptive Technology
The AI Mega-trend
When to Sell Your AI Stocks
AI Mega-trend Stocks Buying Levels Q2

So for immediate first access to ALL of my analysis and trend forecasts then do consider becoming a Patron by supporting my work for just $3 per month. https://www.patreon.com/Nadeem_Walayat.

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Your analyst reminding all not to let their guard down due to corona fatigue, as a 3.5% CFR warrants continuing caution.

Nadeem Walayat

http://www.marketoracle.co.uk

Nadeem Walayat has over 30 years experience of trading derivatives, portfolio management and analysing the financial markets, including one of few who both anticipated and Beat the 1987 Crash. Nadeem's forward looking analysis focuses on UK inflation, economy, interest rates and housing market. He is the author of five ebook's in the The Inflation Mega-Trend and Stocks Stealth Bull Market series that can be downloaded for Free.

Nadeem is the Editor of The Market Oracle, a FREE Daily Financial Markets Analysis & Forecasting online publication that presents in-depth analysis from over 1000 experienced analysts on a range of views of the probable direction of the financial markets, thus enabling our readers to arrive at an informed opinion on future market direction. http://www.marketoracle.co.uk

Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any trading losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors before engaging in any trading activities.

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