Hi everyone.
On 11/10/2022, our system had provided a few picks and the results are as below:
TSLA – (Sell) – Withdrawn
CCJ – (Sell) – Withdrawn
The Dow finished near the flatline after paring losses earlier in the session Tuesday, while the S&P 500 fell 0.7% following a similar trading pattern, and the Nasdaq fell 1.1%.
Let’s review our stock picks on Tuesday.
Call for sell for TSLA which was withdrawn but in the right direction. Our system withdrew because the price opened with a gap below our EP before trading downwards throughout the rest of the market.
Tesla, Inc. designs, develops, manufactures, leases, and sells electric vehicles, and energy generation and storage systems in the United States, China, and internationally. The company operates in two segments, Automotive, and Energy Generation and Storage. On Tuesday morning, Reuters reported that General Motors is forming a new business concentrating on energy-storage and management services. This division, GM Energy, puts the automaker on a direct competitive collision course with Tesla, which has had high hopes for its Tesla Energy unit.
Call for sell for CCJ which was withdrawn. Our system withdrew because the price opened with a gap below our EP before trading upwards throughout the rest of the market.
Cameco Corporation produces and sells uranium. It operates through two segments, Uranium and Fuel Services. On Tuesday morning, the company announced on its website that it will be forming a strategic partnership with Brookfield Renewable Partners and other institutional partners to acquire Westinghouse Electric Company, one of the world’s largest nuclear services businesses.
Stay tuned for more of our stock picks.
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