AI to drive future of Tech Industry, Data Center stocks offer long-term investment opportunity

On this week’s Inside Trading Show, Brian Fernandez and Phan Vee Leung welcome James Whelan, Managing Director of the Australian Mutual Fund Exchange (AMFEX), to discuss trading strategies, habits for success, and trading ideas and themes to help you profit.

Highlights for this show include: 

• Trading tip for today: In trading, a talked-about topic loses its significance and causes only a minor distraction. Only unexpected events can stir the market once a topic is fully absorbed. For instance, the current recession has already been factored in. To move the market, it must be much worse than anticipated. Therefore, it’s wise to move on from extensively discussed topics and focus on new developments.
• Follow the money flow: Vee predicts that gold and silver commodity prices will increase in the upcoming months, pointing to China’s increased gold buying and the Monetary Authority of Singapore’s addition to their gold reserves as evidence. In contrast, James intends to exit equities and concentrate on long bonds.
• Tech stocks to pay heed to – Investors should keep an eye on the growth potential of Artificial Intelligence, which remains a hotbed for innovation and a key driver of the industry’s future. Moreover, data center stocks are expected to rise in tandem with the increasing capabilities of AI, making them an excellent long-term investment opportunity

Co-Hosts: Brian Fernandez & Phan Vee Leung, Founder & CIO, TrackRecord Trading 

Guest: James Whelan, Managing Director of the Australian Mutual Fund Exchange (AMFEX)

For more of these conversations, click here