Stock Market News: Stock Market Review, Dec 23rd, 2019
Santa Claus is here
Last week, it looks like Santa Claus rally had started.
Market continues to make a new high with a rather muted data week.
All 3 indexes are in high now, and it looks like it is going higher.
Last week pick updates
Our Pick for 16th Dec 2019
- MSFT, long
MSFT, is a win. Continue to hold and it looks likely will hit higher.
For now, market is up, and likely going to continue the rally till year-end.
During the weekend, both Trump & Xi says that the trade deal is good and both also indicate agricultural purchase will start.
With the market are much clearer and trade deal behind us (at least for now), it looks like market is poised to close the year with the regular year-end rally.
Our pick for 23rd Dec 2019
- PAYC, long
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Till next week,