Hi everyone.
On 22/12/2022, our system had provided a few picks and the results are as below:
MRNA – (Sell) – Profit
MRNA – (Buy) – Withdrawn
F – (Buy) – Profit
SPR – (Buy) – Break-Even
Wall Street partially cut intra-day losses but still closed firmly lower on Thursday, nearly erasing last session’s rally as upward revisions to the US GDP and Core PCE prices backed the Federal Reserve’s commitment to raise interest rates and maintain them higher for longer. The Dow was down 800 points before closing 350 points lower and the S&P 500 dropped 1.5%. The Nasdaq underperformed and slid 2.2%.
Let’s review our stock picks on Thursday.
Call for sell for MRNA which resulted in a profit. Our system entered the market at $205.85 and made a call to profit at $204.80. Another call for buy was withdrawn because the price opened with a gap below our EP.
Moderna, Inc., a biotechnology company, discovers, develops, and commercializes messenger RNA therapeutics and vaccines for the treatment of infectious diseases, immuno-oncology, rare diseases, cardiovascular diseases, and auto-immune diseases in the United States, Europe, and internationally. Its respiratory vaccines include COVID-19, flu, respiratory syncytial virus, Endemic HCoV, and hMPV+PIV3 vaccines; latent vaccines comprise cytomegalovirus, epstein-barr virus, human immunodeficiency virus, herpes simplex virus, and varicella-zoster virus vaccines; and public health vaccines consists of Zika and Nipah vaccines.
Call for buy for F which resulted in a profit. Our system entered the market at $11.34 and made a call to profit at $11.35. The price moved downwards throughout the market.
Ford Motor Company designs, manufactures, markets, and services a range of Ford trucks, cars, sport utility vehicles, electrified vehicles, and Lincoln luxury vehicles worldwide. It operates through three segments: Automotive, Mobility, and Ford Credit. The company has a legal hearing set to start on Monday related to a liability case that resulted in a $1.7 billion punitive award against an auto maker.
Call for buy for SPR which resulted in a break-even. Our system entered the market at $28.76 and exited at the same price. The price movement was quite choppy and mostly moved sideways throughout the market.
Spirit AeroSystems Holdings, Inc. designs, engineers, manufactures, and markets commercial aerostructures worldwide. It operates through three segments: Commercial, Defense & Space, and Aftermarket.
Stay tuned for more of our stock picks.
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