Hi everyone.
On 06/01/2023, our system had provided a few picks and the results are as below:
AAL – (Buy) – Profit
US stocks closed sharply higher on Friday, lifting major equity indices enough to book strong weekly gains after a batch of economic data drove investors to ease expectations of aggressive monetary tightening by the Federal Reserve. The Dow Jones added 700 points and the S&P 500 gained 2.3%, both notching gains of 1.4% on the first week of the year. In the meantime, the Nasdaq 100 outperformed and gained 2.8% in the session.
Let’s review our stock picks on Friday.
Call for buy for AAL which resulted in a profit. Our system entered the market at $14.01 and made a call to profit at $14.16.
American Airlines Group Inc., through its subsidiaries, operates as a network air carrier. The company provides scheduled air transportation services for passengers and cargo through its hubs in Charlotte, Chicago, Dallas/Fort Worth, Los Angeles, Miami, New York, Philadelphia, Phoenix, and Washington, D.C., as well as through partner gateways in London, Madrid, Seattle/Tacoma, Sydney, and Tokyo.
Stay tuned for more of our stock picks.
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