To The Moon

Update from previous trading day (2023-02-16) – accuracy adjusted from 60% to 25%. More news data source and cleansing needed to better predict amidst market volatility.

Market was down, all 3 indexes lost more than 1%.  January PPI rose 0.7%, beat the expectation by Dow Jones.

This is due to hot inflation data (PPI) released which suggest that inflation is still high, maybe Fed will continue the rate hike at longer frequency and higher rate.

We have 25% accuracy. With NASDAQ having the biggest loss -1.78%, DJIA lost -1.26%, and S&P 500 loss -1.38%.

Trading Day for US is 2023-02-17

Here is the predicted list of stocks.

Sentiment Analysis Score

We have 7 BUY stocks today. I shall cover the following stock from today predicted result list.

$DoorDash, Inc.(DASH)$ 16 Feb Close Price: $66.89 Post Market report earnings, their revenue beat estimate. Their cost-cutting efforts have seen results. Consumers are spending on food delivery even though there is still fear of longer inflation.

This will pose a very strong and promising outlook for DASH, as their values should increase.

I would consider entering this stock when the stock maintains the trade above VWAP during live session. It has already passed our predicted resistance level at pre-market.

$JSPR 16 Feb Close Price: $1.83 news of promising early-stage data on sickle cell disease treatment has help to move the price higher at pre-market. It is trading lower the VWAP now as volume has declined.

We will see how it open later at 9.30am. It is trading above our resistance level ($1.91) now at pre-market at time of writing.

@TigerStars appreciate your support! thanks in advance for your support!

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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).