investment result
S&P 500 Momentum Ranked Top Buy This Month By Artificial Intelligence
April was certainly a solid month for stocks, but will this month pay homage to the "Sell in May and Go Away" strategy or will we see a new trend emerge? Of course, many investors would prefer to play the long game and own high quality companies in a diversified basket of stocks via an ETF holding. While some of the below list will present some value, and some will look overseas for an advantage, all of them have been rated as our Top Buy ETFs for the month of May. These picks should help you diversify and mitigate risk inside your portfolio, and hopefully provide some upside throughout the month. Q.ai's deep learning algorithms have identified several ETFs to do some due diligence on for May, based on their fund flows over the last 90-days, 30-days, and 7-days.
Artificial Intelligence is Helping Doctors Track the Coronavirus
Coronavirus fears are spreading, but it's opening up options for disruptive technology to show its stuff in the wake of the outbreak. A team in Boston Children's Hospital is implementing machine learning to sift through copious amounts of online news, including social posts, news reports, data from official public health channels and information supplied by doctors to track the coronavirus. "There's incredible data that's locked away in various tools like online news sites, social media, crowdsourcing, data sources, that you wouldn't think of that would be used for public health," said Dr. John Brownstein, chief innovation officer at Boston Children's Hospital. "But actually they have incredible amounts of information that you wouldn't find in any sort of traditional government system." "Whether it's social media, online news reports, blogs, chat rooms -- we're looking for clues about symptoms, reports of disease, that tell us something unique is happening," said Brownstein.
Best Thematic ETFs for 2020
Globally, thematic investing has tripled over the past five years to around $40.76 billion, per Morningstar Inc. This is steadily taking over the investment world, largely due to the introduction of theme-based funds and also for its long-term and easy-to-comprehend approach. Thematic investing requires investment in companies that can benefit from the technological, demographic and environmental changes (read: Top ETF Areas for 2020). Let's take a look at some of the themes that are currently in vogue. We are living in an era that is largely dominated by AI applications and technological advancements.
- North America > United States (0.18)
- Asia > Middle East > Iran (0.05)
- Information Technology > Security & Privacy (1.00)
- Energy > Renewable (1.00)
- Banking & Finance > Trading (0.95)
- Energy > Power Industry > Utilities (0.31)