Hi everyone.
On 10/01/2023, our system had provided a few picks and the results are as below:
AA – (Buy) – Profit
FLEX – (Buy) – Withdrawn
The Dow added almost 200 points on Tuesday, while the S&P 500 and Nasdaq 100 rallied 0.7% and 0.9%, respectively, as investors reassessed the outlook for economic growth and monetary policy.
Let’s review our stock picks on Tuesday.
Call for buy for AA which resulted in a profit. Our system entered the market at $50.35 and made a call to profit at $50.60.
Alcoa Corporation, together with its subsidiaries, produces and sells bauxite, alumina, and aluminum products in the United States, Spain, Australia, Iceland, Norway, Brazil, Canada, and internationally. The company operates through three segments: Bauxite, Alumina, and Aluminum. It engages in bauxite mining operations; and processes bauxite into alumina and sells it to customers who process it into industrial chemical products, as well as aluminum smelting and casting businesses.
Call for buy for FLEX which was withdrawn. Our system withdrew because the price opened with a gap below our EP before the stock moved sideways throughout the market.
Flex Ltd. provides design, engineering, manufacturing, and supply chain services and solutions to original equipment manufacturers in Asia, the Americas, and Europe. It operates through three segments: Flex Agility Solutions (FAS), Flex Reliability Solutions (FRS), and Nextracker. The company provides cross-industry technologies, including human-machine interface, internet of things platforms, power, sensor fusion, and smart audio.
Stay tuned for more of our stock picks.
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