Use ChatGPT to make better and faster predictions about the stock market

The Predictive Edge: Outsmart the Market Using Generative AI and ChatGPT in Financial Forecasting is an insightful and up-to-date take on how to use the latest advances in artificial intelligence--in particular, large language models (LLMs) like ChatGPT--to make better predictions and forecasts about the stock market.

You'll get a complete and easy-to-follow explanation of how LLMs work, and how you can use them to analyze market sentiment and correlate that sentiment with the movement of stock prices. You'll also find an approachable blend of theoretical background and practical trading strategies, complete with valuable examples that bridge the gap between the complex world of AI and the practical realities of business and investment.

An essential and engaging read for both retail and professional investors, The Predictive Edge will earn a place in the libraries of business and finance professionals, as well as anyone interested in the fascinating combination of tech and finance. This book puts the power and potential of the newest AI tech at your fingertips.

In The Predictive Edge: Outsmart the Market Using Generative AI and ChatGPT in Financial Forecasting, veteran finance and machine learning researcher Dr. Alejandro Lopez-Lira delivers an insightful and practical discussion of how to use large language models (LLMs)--like ChatGPT--to unlock new investment opportunities and make better decisions. In the book, you'll explore how to interpret the outputs of LLMs to inform your trading strategies, incorporating broader market sentiment into your analyses of individual securities and the market as a whole.

In addition to a comprehensive and easy-to-follow explanation of how ChatGPT and similar LLMs operate--including how they analyze sentiment in news headlines and correlate it with stock market movements--you'll learn about future trends in artificial intelligence and finance. You'll also discover how to implement contemporary and future tools into your investment strategies and processes, enhancing your professional and personal investment portfolios.

The Predictive Edge offers a unique and approachable blend of cutting-edge theoretical knowledge and practical trading strategies, providing valuable examples and bridging the gap between the complicated world of AI and the down-to-earth requirements of business and investment professionals. The book contains a conceptual AI toolkit, putting the power of artificial intelligence at your fingertips and giving you an edge in financial forecasting that's impossible to replicate.

Perfect for retail and professional investors, investment and portfolio managers, and securities analysts, The Predictive Edge is also a must-read for managers, executives, and directors responsible for understanding and responding to the markets, as well as tech and finance enthusiasts interested in the intersection of these two dynamic and fascinating sectors.

Use ChatGPT to improve your analysis of stock markets and securities

In The Predictive Edge: Outsmart the Market Using Generative AI and ChatGPT in Financial Forecasting, renowned AI and finance researcher Dr. Alejandro Lopez-Lira delivers an engaging and insightful new take on how to use large language models (LLMs) like ChatGPT to find new investment opportunities and make better trading decisions. In the book, you'll learn how to interpret the outputs of LLMs to craft sounder trading strategies and incorporate market sentiment into your analyses of individual securities.

In addition to a complete and accessible explanation of how ChatGPT and other LLMs work, you'll find:

• Discussions of future trends in artificial intelligence and finance
• Strategies for implementing new and soon-to-come AI tools into your investing strategies and processes
• Techniques for analyzing market sentiment using ChatGPT and other AI tools

A can't-miss playbook for taking advantage of the full potential of the latest AI advancements, The Predictive Edge is a fully to-date and exciting exploration of the intersection of tech and finance. It will earn a place on the bookshelves of individual and professional investors everywhere.