Hi everyone.
On 18/08/2022, our system had provided a few picks and the results are as below:
VLO – (Buy) – Withdrawn
JD – (Sell) – Withdrawn
The Dow ended virtually flat on Thursday, and the S&P 500 and the Nasdaq 100 added roughly 0.2% each as investors digested more earnings results from corporate America while weighing hawkish remarks from several Fed policymakers.
Let’s review our stock picks on Thursday.
Call for buy for VLO which was withdrawn but the call was made in the right direction. Our system withdrew because the price opened with a gap above our EP before trading sideways throughout the market.
Valero Energy Corporation manufactures, markets, and sells transportation fuels and petrochemical products in the United States, Canada, the United Kingdom, Ireland, and internationally.
Call for sell for JD which was withdrawn but the call was made in the right direction. Our system withdrew because the price opened with a gap above our EP before trading downwards throughout the market and hitting our TP.
JD.com, Inc. provides supply chain-based technologies and services in the People’s Republic of China. The company offers computers, communication, and consumer electronics products, as well as home appliances; and general merchandise products comprising food, beverage and fresh produce, baby and maternity products, furniture and household goods, cosmetics and other personal care items, pharmaceutical and healthcare products, books, automobile accessories, apparel and footwear, bags, and jewelry.
Stay tuned for more of our stock picks.
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