Hi everyone.
On 26/01/2023, our system had provided a few picks and the results are as below:
ON – (Buy) – Profit
EBAY – (Buy) – Stop loss
JWN – (Buy) – Withdrawn
The Dow added 200 points, while the S&P 500 and Nasdaq 100 were up 1.1% and 1.7%, respectively, after US fourth-quarter gross domestic product growth beat estimates while corporate earnings turned mixed.
Let’s review our stock picks on Thursday.
A call for buy for ON which resulted in profit. Our system entered the market at $72.33 and made a call to profit at $72.60, which is our trailing stop loss.
ON Semiconductor Corporation provides intelligent sensing and power solutions worldwide. Its intelligent power technologies enable the electrification of the automotive industry that allows for lighter and longer-range electric vehicles, empowers fast-charging systems, and propels sustainable energy for the solar strings, industrial power, and storage systems.
A call for buy for EBAY resulted in a stop loss. Our system entered the market at $48.88 and the price hit our stop loss $48.50.
eBay Inc. operates marketplace platforms that connect buyers and sellers in the United States and internationally. The company’s Marketplace platform includes its online marketplace at ebay.com and the eBay suite of mobile apps. Its platforms enable users to list, buy, sell, and pay for items through various online, mobile, and offline channels that include retailers, distributors, liquidators, import and export companies, auctioneers, catalog and mail-order companies, directories, search engines, commerce participants, shopping channels, and networks.
A call for buy for JWN which was withdrawn. Our system withdrew because the price opened with a gap above our EP and traded sideways throughout the market.
Nordstrom, Inc., a fashion retailer, provides apparels, shoes, beauty, accessories, and home goods for women, men, young adults, and children. It offers a range of brand name and private label merchandise through various channels, such as Nordstrom branded stores and online at Nordstrom.com; TrunkClub.com; Nordstrom.ca; Nordstrom stores; Nordstrom Rack stores; Nordstrom Locals; Nordstromrack.com and HauteLook; clearance stores under the Last Chance name; Trunk Club clubhouses; and Jeffrey boutiques.
Stay tuned for more of our stock picks.
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