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Thoughts on Brexit, Trump-Russia, Samsung, Artificial Intelligence

Cody Willard

Cody Willard

— 2 min read

I’ve been a bit under the weather, but I’m going to tough it out and will be here for today’s Q&A phone conference call. This week’s Live Q&A will take place on a live phone conference call today at 2pm ET at this number:

Dial-in: #: 641-715-0700
Access Code: 709981.

You can also join us for the live Q&A in the Chat Room at 2:00 pm EST and post your question in there and I’ll answer it on the conference call and we’ll include it in the transcript.

If you can’t attend live, email your questions to support@tradingwithcody.com and I’ll get them answered.

A few not-so-random thoughts for you:

  1. Brexit, oh my goodness, Brexit is here! Brexit is still irrelevant to your stock portfolio, just as it was irrelevant when the Brexit vote hit, except that it gave us a great opportunity to buy stocks and call options.
  2. The investigations into Trump, his people and their ties to Russia are potential Black Swan-type events. It’s not like I have a whole lot of faith that a whole lot of truth or light will come from those investigations, but it’s something to keep an eye on.
  3. Oil’s stuck around $50 for now. But I know a lot of formerly energy bears who are now energy bulls and there’s a lot of firepower betting on both directions in oil. I think the path of least resistance is lower for oil and it will likely head back towards $40 in the next few months.
  4. Stocks might not crash any time soon, but they do feel a bit exhausted on the upside as I’ve been saying for the last few weeks. Rangebound is back, I would guess for the near-term, with the DJIA stuck between the high 19000s and the low 21,000s.
  5. Samsung Galaxy S8: Longer Screen, New AI Assistant – Alexa’s incredible ease-of-use and the huge traction Amazon already has in Alexa has made Alexa the most-likely de facto standard for voice/AI assistants of the future. Bixby is currently focusing on enabling the user to talk through apps and tasks on the smartphone itself and that is something that Amazon is likely working on for an upcoming new attempt at the smartphone business that will be an Alexa-centric operating system built on top of Android. As for the likelihood that Samsung’s Bixby can end up successfully competing against Amazon, Google, Microsoft and Apple and other US-based tech companies’ voice/AI offerings, I highly doubt it. Samsung’s never been much of a software company. They won’t win in a highly-advanced technology built around software and not hardware/chips.

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