Stock Market News: Stock Market Review, April 22nd, 2019

Stock Market News: Stock Market Review, April 22nd, 2019

Market continue uptrend

Last week market were up, and is very close to all-time high.

However, it is also seems exhausted.

Last week pick updates

Our Pick for 15 April  2019

 

  1. MNRO, long

 

MNRO, it went up on the day of pick, but couldn’t continue the strength. We will record this as a loss.

 

Market Updates

The current market is an uptrend, and losing momentum.

With a relatively quiet week this week, we do not see a strong clear direction.

So far, earnings results had been mixed, and that adds pressure to the market.

Currently, our view is market is now biased upward, but with more pressure compared to last week.

Our pick for 22nd April 2019

  1. RBA, long
  2. LGIH, long

 

 

For those who are interested to join our daily comment and pick recommendation, pls like our facebook page to get more info.

 

Till next week,

Happy trading

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