AIRESCAN Stock Review (5/4/2023)

Hi everyone.

On 05/04/2023, our system had provided a few stock picks and the result are as below:

EQT – (Buy)  – Profit

GOOGL – (Buy)  – In the market

EQT – (Buy)  – Loss

The blue-chip Dow closed 0.2% higher on Wednesday afternoon, while the S&P 500 and Nasdaq were down 0.2% and 1%, respectively, as investors mulled the impact of a cooling labor market on economic growth and inflation.

Let’s review our stock picks on Wednesday.

A call for buy for EQT which resulted in a profit. Our system entered the market at $31.90 and the price hit our trailing SL at $32.06. An earlier call for buy for EQT exited at a loss when the price followed the index down early in the market.

EQT Corporation operates as a natural gas production company in the United States. As of December 31, 2022, it had 25.0 trillion cubic feet of proved natural gas, natural gas liquids, and crude oil reserves across approximately 2.0 million gross acres, including 1.8 million gross acres in the Marcellus play. The company was founded in 1878 and is headquartered in Pittsburgh, Pennsylvania.

A call for buy for GOOGL which is still in the market. The stock is intended to be a swing stock. Our system entered the market at $104.93 and it is now trading below our EP.

Alphabet Inc. offers various products and platforms in the United States, Europe, the Middle East, Africa, the Asia-Pacific, Canada, and Latin America. It operates through Google Services, Google Cloud, and Other Bets segments. The Google Services segment provides products and services, including ads, Android, Chrome, hardware, Gmail, Google Drive, Google Maps, Google Photos, Google Play, Search, and YouTube. It is also involved in the sale of apps and in-app purchases and digital content in the Google Play store; and Fitbit wearable devices, Google Nest home products, Pixel phones, and other devices, as well as in the provision of YouTube non-advertising services.

Stay tuned for more of our stock picks.