Hi everyone.
On 03/03/2023, our system had provided a few picks and the results are as below:
AA – (Buy) – Profit
TOS – (Sell) – Stop Loss
LI – (Buy) – Withdrawn
The Dow Jones closed 386 points higher on Friday, while the S&P 500 and Nasdaq 100 gained 1.6% and 1.9%, respectively, as Treasury yields eased from their recent highs and investors were less concerned about monetary policy path after Federal Reserve officials’ speeches.
Let’s review our stock picks on Friday.
A call for buy for AA which resulted in a profit. Our system entered the market at $54.06 and made a call to profit at $54.60.
Alcoa Corporation, together with its subsidiaries, produces and sells bauxite, alumina, and aluminum products in the United States, Spain, Australia, Iceland, Norway, Brazil, Canada, and internationally. The company operates through three segments: Bauxite, Alumina, and Aluminum. It engages in bauxite mining operations; and processes bauxite into alumina and sells it to customers who process it into industrial chemical products, as well as aluminum smelting and casting businesses.
A call for sell for TOST which resulted in a loss. Our system entered the market at $18.54 and the price hit our trailing stop loss at the same price, resulting in a break-even.
Toast, Inc. operates a cloud-based and digital technology platform for the restaurant industry in the United States and Ireland. The company offers Toast Point of Sale (POS), a hardware product; Toast Order & Pay, which allows guests to order and pay from their mobile devices; Toast Flex that is used for on-counter order and pay, as well as used as a server station, guest kiosk, kitchen display system, or order fulfillment station; Toast Go, a handheld POS device that enhances the table turn times through tableside ordering and payment acceptance; and Toast Tap, a card reader.
A call for buy for LI which was withdrawn. Our system withdrew because the price did not hit our EP but in the right direction. The stock moved downwards throughout the market session.
Li Auto Inc., through its subsidiaries, designs, develops, manufactures, and sells new energy vehicles in the People’s Republic of China. The company provides Li ONE, a six-seat smart electric sport utility vehicle that is equipped with smart vehicle solutions, navigation on ADAS, and automatic emergency breaking functionalities.
Stay tuned for more of our stock picks.
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