Microsoft has been widely reported in the financial media for its multibillion-dollar investment in ChatGPT via OpenAI. Many commentators are very excited about ChatGPT and see it as a revolutionary Artificial Intelligence development that will revolutionise autonomous human work. You can see ChatGPT here for yourself and see what the fuss is all about.
It may be worth being aware of the strong seasonal pattern that Microsoft is approaching at the start of March. From the 6th to the 24th of March, it had 86% winning trades and the average return has been over 8.5%. So does this make Microsoft a great buy ahead of this strong seasonal pattern?
Major Trade Risks: The biggest risk here is if stocks keep falling on aggressive Fed fears and/or some bad news for Microsoft.
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