Hi everyone.
On 27/12/2022, our system had provided a few picks and the results are as below:
HAL – (Buy) – Profit
HAL – (Buy) – Profit
The Dow lost roughly 100 points on Tuesday, while the S&P 500 and the Nasdaq were down 0.6% and 1.5%, respectively, as investors remained concerned about the negative impact of rate hikes, including poor economic growth, job losses, and downward earnings revisions.
Let’s review our stock picks on Tuesday.
First call for buy for HAL which resulted in a profit. Our system entered the market at $39.15 and made a call to profit at $39.26, which is our trailing stop loss. Another call for buy for HAL also resulted in a profit. Our system entered the market at $39.16 and made a call to profit at $39.50.
Halliburton Company provides products and services to the energy industry worldwide. It operates in two segments, Completion and Production, and Drilling and Evaluation.
According to Forbes, these are some of the reasons behind the rise of energy stocks this week – though they haven’t quite recovered from last week’s falls:
-Protests and subsequent coronavirus policy changes in China
-Good news on American inflation numbers
-Russian reactions to price caps
-Keystone Pipeline closure
Stay tuned for more of our stock picks.
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