Hi everyone.
On 29/03/2023, our system had provided a few picks and the results are as below:
VLO – (Buy) – Loss
GIS – (Buy) – Profit
The Dow rallied more than 300 points on Wednesday, while the S&P 500 and Nasdaq 100 added 1.5% and 1.9%, respectively, amid easing concerns about a banking crisis and a rally in Chinese tech stocks overnight.
Let’s review our stock picks on Wednesday.
A call for buy for VLO which resulted in a loss. Our system entered the market at $136.83 and the price hit our stop loss at $135.55. The price movement was congested in the early market before moving upwards near the end of the market session.
Valero Energy Corporation manufactures, markets, and sells transportation fuels and petrochemical products in the United States, Canada, the United Kingdom, Ireland, and internationally. The company operates through three segments: Refining, Renewable Diesel, and Ethanol. It produces California Reformulated Gasoline Blendstock for Oxygenate Blending and Conventional Blendstock for Oxygenate Blending gasolines, CARB diesel, diesel, jet fuel, and asphalt; and sulfur crude oils, as well as propane, naphthenic base oil, solvents and aromatics, benzene, toluene and mixed xylenes, natural gas liquids, and petroleum coke.
A call for buy for GIS which resulted in a profit. Our system entered the market at $85.04 and the price hit our trailing stop loss at $85.14.
General Mills, Inc. manufactures and markets branded consumer foods worldwide. The company operates in five segments: North America Retail; Convenience Stores & Foodservice; Europe & Australia; Asia & Latin America; and Pet. It offers ready-to-eat cereals, refrigerated yogurt, soup, meal kits, refrigerated and frozen dough products, dessert and baking mixes, bakery flour, frozen pizza and pizza snacks, snack bars, fruit and salty snacks, ice cream, nutrition bars, wellness beverages, and savory and grain snacks, as well as various organic products, including frozen and shelf-stable vegetables.
INTC, which our system entered into on the 27/03/2023 resulted in a profit. Our system entered at $29.44 and the price hit our trailing stop loss at $28.50.
Stay tuned for more of our stock picks.
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