Ka-please I don't even live here. ES

SEC registration of a machine = bad move
shows lack of sound judgement.

(aren't registered investment advisor supposed to know their clients?)
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AI financial firm earns SEC registration
The artificial intelligence boom continues to seep into the financial industry, including the advisor business.

Global Predictions announced Wednesday that its AI-powered PortfolioPilot product is now a registered investment advisor with the Securities and Exchange Commission. The company says this is the first AI program to receive this registration.

The PortfolioPilot is targeted at self-directed investors and is designed to help customers research ways to change their portfolios, including finding ways to lower the fees they pay for different investments. Global Predictions said the platform now has more than 13,000 customers.

“With it being so scalable, we can give very good, very personalized advice for a fraction of the cost of human financial advisors,” Global Predictions CEO Alexander Harmsen told CNBC.

— Jesse Pound
 
from trading economics
  • US Stock Slide Sharply
    United States Stock Market
    All major US indexes closed deeply in the red on Thursday, with investors awaiting the Fed Chair Powell's speech due Friday at the annual central bank summit in Jackson Hole. The Dow Jones finished 374 points lower, the S&P 500 fell 1.3% and the Nasdaq lost 1.9% as early session big tech rallies ceased after bond yields rose. Megacap shares weighed including Tesla (-2.9%), Apple (-2.6%) and Amazon (-2.7%) while Nvidia's stock edged higher by 0.1% higher after hitting a record high. Shares of Boeing slid by 4.9% to a four-week low after the company said it found that fastener holes on the aft pressure bulkhead on some 737 planes were improperly drilled. On the data front, fresh data showed weekly jobless claims fell as labor market remains tight and Former Fed member James Bullard said that the boost in economic activity this summer might make the Federal Reserve hold off on its plans to finish raising interest rates.
    90 minutes ago
 
Intermediate-term KST
Implication
A bullish signal is generated when the KST, "Know Sure Thing", rises above its moving average. When the KST falls below its moving average, the Technical Event® is a bearish signal.

Supported "Short-term KST" events are suitable for investors interested in a time frame of 2-6 weeks. "Intermediate-term KST" events are suitable for those interested in 6-39 week trends. Supported "Long-term KST" events are suitable for a 9-month to 2-year time frame.

Description
Price at any one time is determined by the interaction of many different time spans. Normally oscillators are constructed from a single time span so they ignore cycles not related to that specific period. The KST, on the other hand, consists of four different periods that are combined into one oscillator. Each time span used in the KST is smoothed with a moving average. Weightings are given to each moving average according to the length of the time span. Longer periods have greater weight in order to bring out a smoother curve. The KST changes direction sooner in response to price moves than similar oscillators using one time span because of the inclusion of shorter time spans.

The KST can be interpreted in the same way as other smoothed oscillators but most commonly indicates bullish and bearish momentum signals as it crosses above and below its moving average respectively. Because of the leading characteristics of this oscillator, it is important to make sure that some kind of trend confirmation is given by the price itself. This could be a price pattern breakout, trendline violation or moving average crossover.

Three time frames are supported (short-term, intermediate-term and long-term), however the KST can be calculated for trends of any other term. Further information on the KST and its formula can be found in the book "Technical Analysis Explained" by Martin J. Pring.

image_eti_1006.gif

Note that Intermediate-term KST events from this service are recognized at the end of the week in which the crossover was found. For example, the event date is always on a Friday even if the crossover occurred in the middle of the week. Similarly, Long-term KST events are recognized at the end of the month in which the crossover occurred, therefore the event date is always the end of the month even if the crossover occurred mid-month.

Trading Considerations
The KST usually moves in a deliberate path which means that changes in direction offer bullish and bearish momentum signals. When the KST turns upward this indicates a bullish situation. When it turns downward, a bearish situation is likely. This service recognizes events when the KST crosses its moving average, which indicates a more distinct change in direction. This is the more reliable approach to interpreting the KST. However the investor may look for earlier signals by watching for changes in the direction of the KST before a crossover might occur; in particular the investor may watch for the KST converging with its moving average to anticipate a crossover earlier.

Usually it is better to delay trading decisions until the price confirms the situation implied by the KST. This confirmation might be a trendline violation, price pattern breakout or moving average crossover.

Overbought and oversold reversals have a higher degree of reliability than reversals that take place near the equilibrium level. The magnitude of KST fluctuations will depend on the volatility of the price and the type of trend being measured. This means that overbought/oversold levels are determined on a trial and error basis with reference to the oscillator's past history.

Divergences (when market trends go in a different direction than market indicators predicted, usually signifying the onset of a trend change) occur when the price makes a new high (or low) that is not confirmed by a new high (or low) in the KST. Prices usually correct and move in the direction of the KST.
-Trading Central,
Available with TD waterhouse Canada
 
Verizon is being its best telco self: If it’s any consolation, it isn’t just Canadians getting hosed by their telecom providers. Down in the United States, Verizon just agreed to a $100 million (U.S.) class action settlement regarding junk fees – and yet, the company amazingly is refusing to stop charging them. Customers may get payouts of up to $100 each as part of the settlement, which involves complaints over the monthly “administrative and telco recovery charge” of $3.30. Yet Verizon says it did nothing wrong, will continue to charge the fee, and reserves the right to raise it in the future. Those are some serious cojones.

Ars Technica Link
https://arstechnica.com/tech-policy...116&utm_content=290424116&utm_source=hs_email
 
iPhone survives plane fall… but not pocket fall? Last week a post went viral on X about how someone had found an iPhone on the side of the road that had apparently survived a nearly 5,000-meter fall from an airplane completely intact. TechCrunch investigates the science behind what seems like a giant fluke, but which experts say isn’t far-fetched because “impacts are complicated.” That’s obviously the only explanation for why an iPhone can’t similarly survive falling out of someone’s pocket.

TechCrunch Link
https://techcrunch.com/2024/01/11/a...116&utm_content=290424116&utm_source=hs_email
 
What the shill,excuse me analyst says:
upload_2024-1-18_19-42-57.png


Teksavvy:
Apple’s Vision isn’t clear yet: Apple’s Vision Pro is about to hit the market, with pre-orders starting this week, and Bloomberg has a deep dive on it. Representing the first really new product for Apple in years, the company has its work cut out for it. At a price tag of $3,499 (U.S.), limited battery life and no killer app, not to mention the relative failure of other virtual and mixed reality headsets, the Vision Pro faces an uphill climb with skeptical consumers.

Bloomberg Link
https://www.bloomberg.com/news/news...116&utm_content=290424116&utm_source=hs_email
 

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