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The Riffs: AI Investing, OpenAI, Content Cycling, and Letting Go

Author

Kyle Ferretti
June 28, 2024

AI Investing Trend

This week we are going to highlight a few players in the AI space and shopping space. But I want to kick this off with an update on $WULF.

$Wulf is down .91% on the daily on 6/28. It continues its move into a stage 2 uptrend. It is consolidating below resistance around $4.90. The next level is $5.50. I believe this is just a matter of when at this point. I would like to see a healthy retrace of around $4 (selfishly) but watching this stock move the last few weeks has been fun.

$AAPL is testing blue sky. Currently sitting at $214.31 on the daily chart. It ran into some resistance testing new ATH at around $218. Once this stock breaks $220 it will run into blue sky price discovery. This is a stock I will continue to monitor. Particularly interested in some options in the mid two hundreds.

Continuing with companies heavily involved with AI, $MSFT is also testing blue sky. As you can see it is testing resistance at around $450 consistently. Currently it sits at $453. When this breaks it will enter price discovery. Another one to keep an eye on the next few weeks! Its trend this year is a beauty and I’ll be buying dips.

This is not financial advice, just what I’m currently watching.

OpenAI Continues to Expand

“Time magazine and OpenAI, the company behind ChatGPT, are teaming up in a multiyear content licensing deal, Axios reports, in a bid to access a younger, more diverse global audience. OpenAI will use the magazine's 101-year-old archive and real-time content to train its AI and answer user questions. OpenAI will also credit Time in its responses to user queries and include links to the original content on Time.com. In exchange, the magazine will deploy OpenAI to create new products and provide feedback to enhance AI-driven journalism. OpenAI recently struck content deals with The Atlantic magazine and Vox Media.” - Linkedin News

This partnership opens up so many doors with OpenAI. 

Keeping it simple here: Invest in strong AI related companies and you will make money in the future.

Content Strategy

When you produce content for your website, do you have a long term plan?

Do you just write a blog because you think it will help you rank better? This is short term thinking.

When you are developing your content strategy you need to think in terms of a cycle. When you produce a blog post, or a video, what else can you get out of it?

For example, take that blog you just wrote and create short form content based off of its words. When you produce a long form video, create snippets and tweets based off of its content.

What you can do with one good piece of content is tremendous. Don’t just think of one variation when you're creating. Squeeze the juice.

The Art of Letting Go

Letting go is an art everyone needs to master.

What letting go means is to not hold on to anything that may be detrimental to your mental well being. 

As humans, we have a tendency to allow external forces to control our mental states. This practice leads to stress, anxiety, and other negative emotions to cloud our mindset.

By practicing the art of letting go we give ourselves grace. We process what is causing the pain, and release it from our minds, forgetting about it.

Next time you find yourself sitting in thoughts of the past that are causing your pain. Sit in it, process it, let it go. You will feel instant relief. Yes, it is this simple.

I highly recommend the book “The Art of Letting Go” by Damon Zahariades.