Hi everyone.
On 1/5/2023, our system had provided a few stock picks and the result are as below:
SHOP – (Buy) – Loss
S – (Sell) – Loss
All three major US indexes finished slightly below the flatline on Monday, as investors assessed the JPMorgan takeover of First Republic Bank’s assets and recent data. The Dow Jones ended 0.1% lower after gaining over 100 points during the session, while the S&P 500 and the Nasdaq finished slightly below the flatline. JPMorgan shares rose 2.1% after winning the weekend auction for First Republic.
Let’s review our stock picks on Monday.
A call for buy for SHOP which resulted in a loss. Our system entered the market at $48.51 and the price hit our stop loss at $48.00.
Shopify Inc., a commerce company, provides a commerce platform and services in Canada, the United States, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. The company’s platform enables merchants to displays, manages, markets, and sells its products through various sales channels, including web and mobile storefronts, physical retail locations, pop-up shops, social media storefronts, native mobile apps, buy buttons, and marketplaces; and enables to manage products and inventory, process orders and payments, fulfill and ship orders, new buyers and build customer relationships, source products, leverage analytics and reporting, manage cash, payments and transactions, and access financing.
A call for sell for S which resulted in a loss. Our system entered the market at $15.89 and the price hit our stop loss at $16.43.
SentinelOne, Inc. operates as a cybersecurity provider in the United States and internationally. Its Singularity Extended Detection and Response Platform delivers an artificial intelligence-powered autonomous threat prevention, detection, and response capabilities across an organization’s endpoints; and cloud workloads, which enables seamless and automatic protection against a spectrum of cyber threats.
Stay tuned for more of our stock picks.
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