Stocks & ETFunds

There are hundreds of AI-related stocks trading on various exchanges around the world and that number has been reduced to 31 pure-play stocks trading on Canadian or American exchanges in 7 categories and put into portfolios which are tracked on a weekly basis. What follows is a summary of these 7 portfolios' performances this week.

Our Micro/Small Cap AI Stocks Portfolio went up 13.5% in July on top of a 3.2% increase in June but that strength has evaporated so far in August declining 13.8% MTD. Below are the performances of each of the constituents week-ending August 16th

Over the past five years, gold and gold-related ETFs have experienced significant fluctuations due to economic events, changing interest rates, and shifting market sentiment. This article reviews the performance of gold, the SPDR Gold Trust (GLD), VanEck Gold Miners ETF (GDX), and VanEck Junior Gold Miners ETF (GDXJ). Gold rose by over 60%, while GLD closely mirrored this increase. In contrast, GDX and GDXJ significantly underperformed, with GDX up only 30% and GDXJ up just 12%. This analysis highlights the varying risks and returns associated with different gold-related investments.

A (forward) stock split happens when a company increases the number of its shares. Although the number of shares outstanding increases by a specific multiple, the total dollar value of all shares outstanding remains the same because a split does not fundamentally change the company's value.

The word "meme" comes from the ancient Greek word "mimema" - meaning imitation - and is used to describe information that is imitated and often spread via pop culture references on social media. Simply put, a meme stock is a shared investing idea imitated by other investors.

Despite 5 of the 7 constituents in the American Cannabis MSOs Portfolio releasing their Q1 financial report earlier this week the portfolio went DOWN 5.0% and is now DOWN 18.9% from its high reached on April 30th

The 57 constituents (54 when the 3 duplicates are removed) in the 7 categories above went DOWN 0.4%, on average, last week.

On average, the above 10 stocks were UP 7.4% during the first week of May but are now DOWN 7.6% YTD.

The munKNEE Small Cap AI Stocks Portfolio went UP 2.5% last week which outperformed the Global X Artificial Intelligence & Technology ETF (AIQ) of 91 constituents (which only went UP 1.5%) but is still DOWN 28.5% YTD,

On average, the Portfolio went UP 7.2% last week and is now UP 7.8% MTD.