Hi everyone.
On 03/02/2023, our system had provided a few picks and the results are as below:
GTLB – (Buy) – Profit
KRP – (Buy) – Price not done
PBF – (Sell) – Price not done
The Dow closed more than 100 points lower on Friday, and the S&P 500 and Nasdaq 100 dipped in negative territory by 1% and 1.6%, respectively, as strong job reports signaled that the Fed will continue its tightening cycle pushing rates above 5%.
Let’s review our stock picks on Friday.
A call for buy for GTLB which resulted in profit. Our system entered the market at $53.62 and made a call to profit at $55.25.
GitLab Inc., through its subsidiaries, develops software for the software development lifecycle in the United States, Europe, and the Asia Pacific. The company offers GitLab, a DevOps platform, which is a single application that leads to faster cycle time and allows visibility throughout and control over various stages of the DevOps lifecycle.
A call for buy for KRP which did not enter the market. Our system put an order to enter the market at $15.51 but the price opened above our EP before moving downwards throughout the market.
Kimbell Royalty Partners, LP, together with its subsidiaries, acquires and owns mineral and royalty interests in oil and natural gas properties in the United States. As of December 31, 2021, it owned mineral and royalty interests in approximately 11.4 million gross acres and overriding royalty interests in approximately 4.7 million gross acres.
A call for sell for PBF which did not enter the market but was in the right direction. Our system put an order to enter the market at $41.44 but the price missed our EP by 6 cents and moved upwards before closing low at the end of the market.
PBF Energy Inc., together with its subsidiaries, engages in refining and supplying petroleum products. The company operates in two segments, Refining and Logistics.
Stay tuned for more of our stock picks.
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