Hi everyone.
On 05/01/2023, our system had provided a few picks and the results are as below:
APA – (Sell) – Break even
UAA – (Buy) – Profit
US stocks closed sharply lower on Thursday as strong employment results added leeway for more interest rate hikes by the Federal Reserve. The Dow closed 300 points lower and the S&P 500 lost 1.2%. The rate-sensitive Nasdaq underperformed and lost and 1.4%, quickly approaching levels last seen in July 2020.
Let’s review our stock picks on Thursday.
Call for sell for APA which resulted in a break-even. Our system entered the market at $41.75 and made a call to profit at $41.75.
APA Corporation, through its subsidiaries, explores for, develops, and produces oil and gas properties. It has operations in the United States, Egypt, and the United Kingdom, as well as has exploration activities offshore Suriname. The company also operates gathering, processing, and transmission assets in West Texas, as well as holds ownership in four Permian-to-Gulf Coast pipelines.
Call for buy for UAA which resulted in a profit. Our system entered the market at $10.36 and our system made a call to profit at $10.42.
Under Armour, Inc., together with its subsidiaries, engages in the developing, marketing, and distributing performance apparel, footwear, and accessories for men, women, and youth. The company offers its apparel in compression, fitted, and loose fit types. It also provides footwear products for running, training, basketball, cleated sports, recovery, and outdoor applications. In addition, the company offers accessories, which include gloves, bags, headwear, and sports masks; and digital subscription and advertising services under the MapMyRun and MapMyRide platforms.
Stay tuned for more of our stock picks.
Want the next pick before it's written up?
AIRESCAN's AI publishes live recommendations in the app.