STARGATE ADDS FUEL TO AI FRENZY, CHINESE STOCKS SINK ON TRUMP TARIFF TALK
By Nigam Arora & Dr. Natasha Arora
To gain an edge, this is what you need to know today.
Fueling AI Frenzy
Please click here for a chart of artificial intelligence ETF (AIQ).
Note the following:
- The chart shows there is a breakout in artificial intelligence ETF in the early trade this morning. As a caution, all breakouts do not sustain. Prudent investors should carefully watch if the breakout sustains or if it fails.
- RSI on the chart shows AIQ is barely overbought. RSI shows the ETF has room to run higher.
- Volume on the chart has been staying high, indicating sustained interest.
January 22, 2025