Category Archives: BOTZ
BOTZ Global X Robotics & Artificial Intelligence ETF
Since the media is always hyping the AI world, I decided to look up potential ETFs that can help us track the world of robots and artificial inteligence. This is just a general interest post as I will not track every little wave that may or may not happen. The only thing BOTZ is tracking so far is the general index, as it has separated away from the Nasdaq by about 5 months already. If the general markets switch back to a bearish mood then I see no reason why BOTZ should soar. BOTZ may also help in being a leading indicator .
The entire bullish phase could get completely retraced, and it would be financial suicide to buy into this ETF thinking your buying on a dip! We could end up with a really big, “Dip”, so waiting for that time will be critcal.
This is only a general posting and by no means a buying suggestion. Investing and speculation are two different things as investors always maintain their bullish mood. A person that “may” short this ETF is not an investor, they are speculators. For those that don’t know what “shorting”means, is that you can make money on the trip down. A speculator is free to play both directions so fundamentals mean little to them.
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