Hi everyone.
On 12/12/2022, our system had provided a few picks and the results are as below:
APA – (Buy) – Profit
RIVN – (Sell) – Profit
RIVN – (Sell) – Break even
APA – (Sell) – Stop Loss
UBER – (Sell) – Withdrawn
The Dow Jones climbed over 500 points to close at 34005 on Monday, while the S&P 500 and Nasdaq Composite rose by 1.4% and 1.3%, respectively, as investors welcomed positive data regarding the US inflation outlook.
Let’s review our stock picks on Monday.
Call for buy for APA which resulted in a profit. Our system entered the market at $43.93 and made a call to profit at $43.96, which is our trailing stop loss. Another call for sell for APA resulted in a loss. Our system entered the market at $42.59 and exited at $42.96.
APA Corporation, through its subsidiaries, explores for, develops, and produces oil and gas properties. It has operations in the United States, Egypt, and the United Kingdom, as well as has exploration activities offshore Suriname. The company also operates gathering, processing, and transmission assets in West Texas, as well as holds ownership in four Permian-to-Gulf Coast pipelines.
Call for buy for RIVN which resulted in a profit. Our system entered the market at $26.57 and made a call to profit at $26.40, and another call made break-even.
Rivian Automotive, Inc. designs, develops, manufactures, and sells electric vehicles and accessories. The company offers five-passenger pickup trucks and sports utility vehicles. It provides Rivian Commercial Vehicle platform for electric Delivery Van with collaboration with Amazon.com. The company sells its products directly to customers in the consumer and commercial markets.
Call for sell for UBER which was withdrawn. Our system withdrew because the price opened with a gap above our EP before the stock moved upwards throughout the market.
Uber Technologies, Inc. develops and operates proprietary technology applications in the United States, Canada, Latin America, Europe, the Middle East, Africa, and the Asia Pacific. It connects consumers with independent providers of ride services for ridesharing services; and connects riders and other consumers with restaurants, grocers, and other stores with delivery service providers for meal preparation, grocery, and other delivery services.
Stay tuned for more of our stock picks.
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