VantagePoint's AI Software Offers Trading Edge Amid 2024 US Election Volatility
TL;DR
Investors can capitalize on market volatility during election years by using predictive A.I. software like VantagePoint for strategic trading.
VantagePoint's A.I. software uses neural networks and intermarket analysis to provide highly accurate, predictive forecasts of primary markets, giving traders a strategic edge.
Using A.I. software like VantagePoint can help investors navigate market volatility, make informed decisions, and potentially maximize profits during election years.
VantagePoint's Intelliscan tool evaluates thousands of assets, highlighting the best stock and options opportunities for traders looking to get an edge in the markets.
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U.S. stocks are showing signs of recovery after a recession scare in July, with the S&P500 index rising nearly 10% since its August 5 low. This rebound is partly driven by positive economic reports on retail sales, inflation, and producer prices, raising expectations that the Federal Reserve may cut interest rates later this year.
However, with the 2024 U.S. presidential election approaching, analysts warn of further market turbulence. Vice President Kamala Harris is set to face former President Donald Trump, adding to the election's volatility as Harris leads in many polls after replacing President Joe Biden as the Democratic nominee. A survey by JPMorgan indicated that 20% of traders expect the election to be the biggest driver of stock movements this year.
Presidential elections significantly impact businesses and the economy through policy changes affecting various sectors. For example, changes in healthcare policy can impact pharmaceutical stocks, while energy policy shifts can affect oil, gas, or renewable companies. Regulatory changes, fiscal policies, and trade agreements also create both risks and opportunities for investors.
During election years, market volatility increases as investors react to polling data and presidential debates. This period often sees traders flock to commodities, indices, and FX. For instance, in 2016, after the UK's EU referendum, the Germany Dax 40 index and the EUR-USD pair were highly traded instruments.
A strategic approach is essential for trading during elections. VantagePoint, a leader in AI-driven market forecasting software, offers tools to navigate this volatility. The software uses trained neural networks to provide highly accurate, predictive forecasts based on intermarket analysis, detecting hidden patterns in global markets.
VantagePoint claims its leading indicators can generate market predictions with up to 87.4% accuracy, offering traders a competitive edge. The software aids in asset selection across stocks, options, forex, crypto, futures, and commodities, helping traders identify high-potential assets with its advanced scanning tool, Intelliscan.
Traders can benefit from VantagePoint's actionable insights to make informed decisions, potentially leading to smarter trades and maximized profits. The company is also offering a free guide, Electionomics 2024, detailing strategies to leverage predictive AI during the election season.
For more information on VantagePoint, visit www.vantagepointsoftware.com.
Curated from News Direct
