Stock Market News: Stock Market Review, April 29th, 2019

Stock Market News: Stock Market Review, April 29th, 2019

Market trying to push further

Last week market were up, and tested all time high.

However, market still failed to clearly breakout, mainly due to lack of catalyst.

Last week pick updates

Our Pick for 22 April  2019

  1. RBA, long
  2. LGIH, long

RBA, it is still within entry range, we will record it as breakeven although we are currently in minor green.

 

LGIH, similar to RBA, we are going to record it as breakeven with minor green.

 

Market Updates

With over half of S&P 500 companies had reported earnings, we see the stock market to be solid currently.

This week are likely going to be muted, while market waiting for key development from trade talk.

Currently, our view is market is now bias upward.

Our pick for 29th April 2019

  1. V, long
  2. SBUX, 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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