Hello everyone.
It’s the start of the new year and we are ready to make some money. Are you?
If you missed out on our previous reviews, you can check them out here:
As usual we’ll quickly go through a few things you should know about our system.
How does our AI work?
So basically our AI pick stocks daily and our system ensures that profits are taken on the same day. If for whatever reason our picks stays in the market, our system may adjust the TP so that it can exit the next day. Sometimes you may see changes in the EP. As advertised, for subscribers following our stocks, they get updated with real-time changes from our system, depending on the market conditions.
How do we evaluate our AI performance?
Profit or loss – Number of stocks that profited during the market session. Or the number of stocks that hit our stop loss.
Direction – Although we don’t count the stocks towards our monthly performance, we do take note whether the stocks we picked were in the right direction (PNDJ) or the wrong direction (PND), where in both cases the stocks did not enter the market.
Withdrawn stocks – Stocks that were withdrawn by our system due to gap in opening prices were also recorded.
Stock Picks for January 2023:
Overall Performance for January 2023
Stock Picks for February 2023
Overall Performance for February 2023
Overall Portfolio Gains since January 2023
Win rate = the percentage of profit over the stocks traded in the particular month
Return = total actual profit gained
Cumulative returns = accumulated profit from January 2023
Against major market indices
January*
S&P Index : 6.3%
NASDAQ : 10.7%
DOW : 2.9%
*Source: https://www.nasdaq.com/articles/january-2023-review-and-outlook
February*
S&P Index : – 2.4%
NASDAQ : – 0.4%
DOW : – 3.9%
*Source: https://www.nasdaq.com/articles/february-2023-review-and-outlook
While January saw stocks rally sharply on easing Fed expectations, February painted a different picture. The month kicked off with the Federal Reserve raising the benchmark rate 25bps to 4.75% (upper bound), with another 25bps hike expected in both March and May.
Earnings reports have been subpar across all indexes, and according to FactSet, companies reporting positive EPS surprises have seen a price increase of 1.1% in the two days leading up to and two days following the print, which is above the 5-year average of 0.9%. On the flip side, negative surprises have resulted in a decrease of 0.6% compared to the 5-year average of -2.2%.
As you can already see from the tables, compared to the major indices, our stocks performed tremendously well in both January and February with a cumulative return of 46.37%. In January, our system provided 37 tips, and 23 tips resulted in profit and 3 break-even whereas from the 59 tips provided in February, 31 tips profited.
Our AI system maintained an average winning rate of 86% throughout the months regardless of the market situation on a particular day.
It’s your time to decide now. You’ve seen what our AI system can do, what are you waiting for then?
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Visit airescan.com to see for yourself how our AI system can help you maximize your gains while letting you focus on managing your portfolio.
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