Nullatech AI has analyzed Intel and Amazon data in last 300 weeks. In this post, we will talk about our correct prediction about Intel market trends and also check the status of Amazon market trend for next week.
Nullatech result for Intel market trends
Last week we published a post about Intel market trends. This week we predicted 75% of Intel, Inc. (NASDAQ: INTC) market trends correctly in last 300 weeks.
Investors in Intel Corp saw new options begin trading yesterday, for the June 2019 expiration. One of the key inputs that goes into the price an option buyer is willing to pay, is the time value, so with 455 days until expiration the newly trading contracts represent a potential opportunity for sellers of puts or calls to achieve a higher premium than would be available for the contracts with a closer expiration. At Stock Options Channel , our YieldBoost formula has looked up and down the INTC options chain for the new June 2019 contracts and identified one put and one call contract of particular interest.
The put contract at the $50.00 strike price has a current bid of $4.90. If an investor was to sell-to-open that put contract, they are committing to purchase the stock at $50.00, but will also collect the premium, putting the cost basis of the shares at $45.10 (before broker commissions). To an investor already interested in purchasing shares of INTC, that could represent an attractive alternative to paying $50.51/share today.
Nullatech prediction for Amazon market
Nullatech AI predicted 75% of The Amazon Corporation (NASDAQ: AMZN) market trends correctly in last 300 weeks. You can check our prediction on the chart below and also see the stock status for next week.
Amazon.com, Inc. is hardly a surprise, when it comes to growth stocks that are above most frays. At this point, founder and CEO Jeff Bezos is the richest man in the world because AMZN stock continues to soar.
The company’s unrelenting focus on growth opportunities has been its signature for years. Many analysts have always been concerned that plowing all its revenue back into new businesses – cloud computing, groceries, frictionless retail, entertainment, banking – was AMZN’s Achilles heel. Someday, Amazon would not be able to execute and the whole thing would come tumbling down.
But that hasn’t been the case. Every market it enters, it has found a way to major player. And in today’s market, its size and diversity is also an attractive place for scared money.
As you see in the chart above, Nullatech has analyzed Amazon data in last 300 weeks. Our AI predicted 75% of market trends correctly. We also predicted the future behavior of Amazon stock market. Due to our prediction, the rate of stock changes will be ascending in the next week. You can also see more predictions in our application.