Hi everyone.
On 03/11/2022, our system had provided a few picks and the results are as below:
MRNA – (Sell) – Profit
NVDA – (Buy) – Withdrawn
PBR – (Sell) – Withdrawn
VALE – (Sell) – Profit
Major US stock indices fell further into negative territory Thursday as concerns of tighter monetary policy following yesterday’s Federal Reserve rate hike prevailed, despite weaker-than-expected economic data. The Dow Jones gave up slight early gains to drop 150 points, while the S&P 500 and the Nasdaq fell 1.2% and 1.9%, respectively.
Let’s review our stock picks on Thursday.
Call for sell for MRNA which resulted in a profit. Our system entered the market at $148.30 and made a call to profit at $146.80.
Moderna, Inc., a biotechnology company, discovers, develops, and commercializes messenger RNA therapeutics and vaccines for the treatment of infectious diseases, immuno-oncology, rare diseases, cardiovascular diseases, and auto-immune diseases in the United States, Europe, and internationally. Its respiratory vaccines include COVID-19, flu, respiratory syncytial virus, Endemic HCoV, and hMPV+PIV3 vaccines; latent vaccines comprise cytomegalovirus, epstein-barr virus, human immunodeficiency virus, herpes simplex virus, and varicella-zoster virus vaccines; and public health vaccines consists of Zika and Nipah vaccines.
Call for buy for NVDA which was withdrawn but in the right direction. Our system withdrew because the price opened with a gap above our EP before the stock moved upwards throughout the market and hit our TP.
NVIDIA Corporation provides graphics, and compute and networking solutions in the United States, Taiwan, China, and internationally. The company’s Graphics segment offers GeForce GPUs for gaming and PCs, the GeForce NOW game streaming service and related infrastructure, and solutions for gaming platforms; Quadro/NVIDIA RTX GPUs for enterprise workstation graphics; vGPU software for cloud-based visual and virtual computing; automotive platforms for infotainment systems; and Omniverse software for building 3D designs and virtual worlds.
Call for sell for PBR which was withdrawn. Our system withdrew because the price opened with a gap above our EP before the stock moved upwards throughout the market.
Petróleo Brasileiro S.A. – Petrobras explores for, produces, and sells oil and gas in Brazil and internationally. The company operates through Exploration and Production; Refining, Transportation and Marketing; Gas and Power; and Corporate and Other Businesses segments.
Call for sell for VALE which resulted in a profit. Our system entered the market at $13.02 and made a call to profit at $12.87, which was our trailing stop loss. If you did not take profit here, you would still be in the market with a loss.
Vale S.A., together with its subsidiaries, produces and sells iron ore and iron ore pellets for use as raw materials in steelmaking in Brazil and internationally. The company operates through Ferrous Minerals and Base Metals segments.
Stay tuned for more of our stock picks.
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