Hi everyone.
On 26/07/2022, our system had provided a few picks and the results are as below:
WMB (Buy) – Withdrawn
UBER (Buy) – Withdrawn
All three major US stock indexes fell on Tuesday after disappointing economic figures and weaker outlook from Walmart magnified fears of reduced consumer spending, adding to growing recession worries. The Dow fell 0.71%, the S&P 500 retreated 1.16% while the tech heavy Nasdaq 100 plunged 1.87% ahead of earnings from Microsoft and Alphabet.
Let’s review our stock picks on Tuesday.
Call for buy for WMB which was withdrawn but the call was made in the right direction. Our system withdrew because the price open with a gap above our EP before trading sideways throughout the market.
The Williams Companies, Inc., together with its subsidiaries, operates as an energy infrastructure company primarily in the United States.The company is scheduled to be releasing its earnings data after the market closes on Monday, August 1st. Analysts expect Williams Companies to post earnings of $0.37 per share for the quarter.
Call for buy for UBER which was withdrawn. Our system withdrew because the price open with a gap below our EP before trading downwards throughout the market.
Uber Technologies, Inc. develops and operates proprietary technology applications in the United States, Canada, Latin America, Europe, the Middle East, Africa, and the Asia Pacific. The shares of Uber recently received a $48 price target from CITI.
Stay tuned for more of our stock picks.
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