Hi everyone.
On 06/02/2023, our system had provided a few picks and the results are as below:
ZIM – (Buy) – Profit
DVN – (Sell) – Profit
DVN – (Sell) – Withdrawn
LULU – (Buy) – Profit
NET – (Buy) – Price Not Done
The Dow closed more than 30 points lower on Monday, while the S&P 500 and Nasdaq 100 were down 0.6% and 1%, respectively, as investors remained cautious of rising bond yield that signaled further rate hikes in the next Federal reserve meeting.
Let’s review our stock picks on Monday.
A call for buy for ZIM which resulted in profit. Our system entered the market at $22.04 and made a call to profit at $22.22.
ZIM Integrated Shipping Services Ltd., together with its subsidiaries, provides container shipping and related services in Israel and internationally. It provides door-to-door and port-to-port transportation services for various types of customers, including end-users, consolidators, and freight forwarders.
A call for buy for DVN which resulted in profit. Our system entered the market at $60.71 and made a call to profit at $60.10. Another call for sell for DVN was withdrawn.
Devon Energy Corporation, an independent energy company, primarily engages in the exploration, development, and production of oil, natural gas, and natural gas liquids in the United States.
A call for buy for LULU which resulted in profit. Our system entered the market at $314.58 and made a call to profit at $317.15.
Lululemon Athletica Inc., together with its subsidiaries, designs, distributes, and retails athletic apparel and accessories for women and men. It operates in two segments, Company-Operated Stores and Direct to Consumer. The company offers pants, shorts, tops, and jackets for healthy lifestyle and athletic activities, such as yoga, running, and training, as well as other sweaty pursuits. It also provides fitness-related accessories and footwear.
A call for buy for NET which did not enter the market. Our system put an order to enter the market at $56.85 but the price did not hit our EP in the first 2 hours of the market session.
CloudFlare, Inc. operates as a cloud services provider that delivers a range of services to businesses worldwide. The company offers an integrated cloud-based security solution to secure a range of combination of platforms, including public cloud, private cloud, on-premise, software-as-a-service applications, and IoT devices. Its security products comprise cloud firewall, bot management, distributed denial of service, IoT, SSL/TLS, secure origin connection, and rate limiting products.
Stay tuned for more of our stock picks.
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