Stock Market News: Stock Market Review I Dec 31st, 2018 I
Sharp drop and recovery (And Happy New Year)
Last week, we anticipated an early recovery, and continue downside.
However, market went lower on Christmas Eve and start to recover after Christmas.
It is still unclear if the bottom is reached.
Last week pick updates
Our Pick for 24 Dec 2018
- HRS, short
- FIVE, short
For HRS case, it is a breakeven. Entry were done on 24th, and position protected after 26th, and went out breakeven on 27th.
For FIVE case, the trade was abandoned when it open $2 lower than the previous session.
Market is now unclear.
Being the last trading day of the year, we are taking a rest and watch the market only.
Our pick for 31 Dec 2018
- No Pick
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Till next week,