Hi everyone.
On 01/02/2023, our system had provided a few picks and the results are as below:
PLUG – (Buy) – Profit
KNTK – (Buy) – Profit
OSTK – (Buy) – Withdrawn
The Dow finished marginally higher on Wednesday, while the S&P 500 and Nasdaq 100 added 1% and 2%, respectively, and pared earlier losses after the Fed Chair Powell’s news conference. Powell was more optimistic about the outlook for inflation, saying: “We can now say for the first time that the disinflationary process has started.”, which sent stocks higher.
Let’s review our stock picks on Wednesday.
A call for buy for PLUG which resulted in profit. Our system entered the market at $17.05 and made a call to profit at $17.25.
Plug Power Inc. delivers end-to-end clean hydrogen and zero-emissions fuel cell solutions for supply chain and logistics applications, on-road electric vehicles, stationary power market, and others in North America and internationally. It engages in building an end-to-end green hydrogen ecosystem, including green hydrogen production, storage and delivery, and energy generation through mobile or stationary applications.
A call for buy for KNTK which resulted in a profit. Our system entered the market at $30.46 and made a call to profit at $30.91.
Kinetik Holdings Inc. operates as a midstream company in the Texas Delaware Basin. It provides gathering, transportation, compression, processing, and treating services for companies that produce natural gas, natural gas liquids, crude oil, and water.
A call for buy for OSTK which was withdrawn. Our system withdrew because the price did not reach our EP until later in the day when the FOMC meeting began and might have impacted the stock movement. If you had followed this stock you would be able to enter the market and profit.
Overstock.com, Inc. operates as an online retailer in the United States. The company offers furniture, décor, area rug, bedding and bath, home improvement, outdoor, and kitchen and dining items. It provides its products and services through its internet websites comprising overstock.com, o.co, overstock.ca, and overstockgovernment.com.
Stay tuned for more of our stock picks.
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