Hi everyone.
On 21/02/2023, our system had provided a few picks and the results are as below:
SPCE – (Buy) – Loss
SPCE – (Buy) – Loss
CROX – (Buy) – Loss
The Dow closed almost 700 points lower on Tuesday, and the S&P 500 and Nasdaq 100 slipped 2% and 2.5%, respectively. Investors were worried after Treasury yields surged to their highest level since November and disappointing forecasts from heavyweight retailers added to concerns that inflation and higher interest rates have started hurting the purchasing power of US consumers.
Let’s review our stock picks on Tuesday.
A call for buy for SPCE which resulted in a loss. Our system entered the market at $5.89 and the price hit our stop loss at $5.80. Another call made for buy also resulted in a loss. Our system entered the market at $6.14 and the price hit our stop loss at $6.05. SPCE stock movement was downwards, following the fall in index during market.
Virgin Galactic Holdings, Inc. focuses on the development, manufacture, and operation of spaceships and related technologies for conducting commercial human spaceflight and flying commercial research and development payloads into space. It is also involved in the ground and flight testing, and post-flight maintenance of its spaceflight system vehicles.
A call for buy for CROX which resulted in a loss. Our system entered the market at $125.70 and the price hit our stop loss at $119.34. CROX stock movement was downwards, following the fall in index during market.
Crocs, Inc., together with its subsidiaries, designs, develops, manufactures, markets, and distributes casual lifestyle footwear and accessories for men, women, and children worldwide. It offers various footwear products, including clogs, sandals, slides, flips, wedges, platforms, socks, boots, shoe charms, and slippers under the Crocs brand name.
Stay tuned for more of our stock picks.
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