16 Feb 23 - US Stock Signal with Sentiment Analysis
Update from previous trading day (2023-02-15) – accuracy adjusted from 88.89% to 60%. More data cleansing should be expected over this weekend.
We have 60% accuracy. With NASDAQ gain +0.92%, DJIA gain -0.11%, and S&P 500 gain -0.28%.
Nasdaq closes higher after the announcement of strong retail data. Strong retail data show that economic growth has picked up in the beginning of this year. This does not look good for hope of Fed to pivot away from rate hikes.
Trading Day for US is 2023-02-16.
Sentiment Analysis Score
We have 2 STRONG BUY and 3 BUY stocks today. Most of the stocks are in the positive zone, some stocks have their score in the negative zone.
SoFi and CRWD have the highest score on 13 Feb 23.
I shall cover the following stock from today predicted result list.
I have written $SoFi Technologies Inc.(SOFI)$ in the following link:
Is SOFI good for short term or long term trade?
I have also written an article on whether $Palantir Technologies Inc.(PLTR)$ can go up $12 and beyond, I believe PLTR will have the potential to move upside.
Will PLTR potential go above $12 and beyond?
$CrowdStrike Holdings, Inc.(CRWD)$ CRWD 15 Feb Close Price: $120.52 They are using A.I. in their cybersecurity software offering. They are one of the leading cybersecurity providers. Their software prevents any breaches. With the implementation of A.I. in their software, the protection is further strengthened.
Their A.I. powered machine learning (ML) models collect trillions of signals and datas weekly. With A.I. it become much faster and easier to identify which are false positive.
Crowdstrike has grow their revenue very fast. They have also convert 30% of their revenue into free cash flow. This make their valuation reasonable.
I will take a long term for this stock, as the potential would be greater when there are more A.I. powered application comes online, this will increase breaches.
@TigerStars appreciate your support! Thanks in advance for your support!
Do like and comment if you find this article useful, thanks in advance for your support.
Disclaimer: The analysis and result presented does not recommend or suggest any investing in the said stock. This is purely for Technical Analysis, and there are many other indicators that need to be look at together. (e.g., Price Action).
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
👍
Ok