The market today is perhaps the most delusional it has ever been.
There is a mix of new traders on free brokerage sites like Robinhood, who are working from home and got a $1,200 check. You mix this with Twitter pump and dumps and you get what happened the past two days.
Chesapeake Energy launched from $13 to $69.
Today it declared bankruptcy. The stock is halted, but it was down 50% in premarket trading and will probably open below $10 when it does trade again.
It’s insanity.
The Fed pumping $7 trillion into the economy has completely destroyed price discovery. No one knows and no one cares about the fundamentals anymore. Earnings mean nothing if the government just gives you cash.
This is why I implore you to stay away from the fast money. The nature of gambling is you go for the next big pot. So, even if you have a nice run and get three or five winners in a row, the sixth bet will be the big loser, and you’ll be back where you started.
But there is a way to win and win big in the market. That is to find a dominant, long-term trend and invest heavily.
You see, every few years a new investment trend shows up. It is so life changing that, at first, people ignore it then deny it and finally go all in.
We’ve seen it with Microsoft and Dell with PCs, Amazon with internet retail, Google with search, and Netflix with movies…
If you went all-in on any of these you’d be swimming in cash right now.
Heck, Netflix alone is up 11,146%.
Dell went up 120,000%.
Amazon was up 125,000% and just hit an all-time high last week!
There’s no better way to get rich and retire wealthy than to catch the early wave of a new megatrend.
I’m talking about artificial intelligence –– the biggest megatrend for the 2020s…
Artificial intelligence is set to revolutionize just about every major industry in the next few years.
Take, for example, the auto industry: Cars are already equipped with sensors that alert drivers about dangerous situations.
Forward-collision warning systems, blind-spot monitors, adaptive cruise control, driver-assist steering, and cross-traffic detectors are all AI features that make cars safer.
And the inevitable shift to self-driving cars will boost AI technology to new highs.
Cash Crops
Or how about the agriculture industry –– AI will help solve one of the biggest challenges facing the world today: the ability to produce food for a rapidly growing population.
AI breakthroughs will help farmers significantly boost production.
Every tractor will soon be equipped with AI technology that can automate and improve seeding, crop spraying, and fertilization. And with two million tractors sold every year worldwide, the demand for AI tech is about to go through the roof.
Health Care
As we’ve seen with Teladoc (NYSE: TDOC), which is up 275% this year, the market loves new technology in health care.
AI will bring better and more accurate diagnoses. You won’t have to rely on one doctor’s knowledge.
Robot-assisted surgeries will provide an unmatched level of precision.
Grandma can live in her house longer with virtual nursing assistants providing in-home consultations and treatment recommendations. She’ll have access to smart medical devices with remote patient monitoring and automated medication alerts.
AI won’t just transform health care; it will literally save lives.
And we’re just scratching the surface.
There isn’t a major industry that won’t feel the impact of AI in a big way.
You aren’t hearing too much about AI so far because we are just getting started.
Just like you heard whispers about the smartphone before Apple changed the world and made investors fortunes, we are in the same space in AI.
It’s a megatrend that’s about to take off and create more wealth than any time in history.
The AI market is still in its infancy at around $9 billion. But that’s about to change.
Bloomberg reports, “AI will add $15.7 trillion to the global economy.”
That’s a 175,000% surge in growth.
And it will happen no matter who is elected president or if there is a second wave of COVID-19 infections. It will happen if the Fed prints more money or the dollar drops.
When the day trader/Robinhood/Twitter pump-and-dumpers are back in their mom’s basement, you’ll be steadily making money.
It’s as unstoppable as the smartphone or the internet.
Click here now to get your FREE Megatrend report.
All the best,
Christian DeHaemer
Check us out on YouTube!Christian is the founder of Bull and Bust Report and an editor at Energy and Capital. For more on Christian, see his editor’s page.
