Stock Market News: Stock Market Review, Dec 2nd, 2019

Stock Market News: Stock Market Review, Dec 2nd, 2019

New High

Last week, market made a record again by pushing new high.

It was a short week, with thanksgiving on Thurs and a half trading day Friday.

All eye is also on the trade development after Trump signs the “HongKong bill”.

Last week pick updates

Our Pick for 25th Nov 2019

  1. FORM, long

FORM is a win.

Market Updates

Today marks the beginning of the last trading month for 2019, which is traditionally a strong month.

However, this is also going to be a tough month this year.

Key to note is whether the US will cancel the planned 15th tariff, and probably roll back some of the tariffs.

China had expressed the need to roll back tariffs for the deal to be signed.

Market will be in a choppy trade likely until next week.

For now, we are still going long, but with extra cautious.

Our pick for 2nd Dec 2019

  1. HQY, long

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Till next week,

Happy trading

 

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