Stock Market News: Stock Market Review, Feb 17th, 2020
Last week, market made new highs despite concern over coronavirus.
In general, earnings reports were good and market remains optimistic with the growth of big tech companies.
For now, it looks like the coronavirus outbreak started to show some slowdown, but its economic impact remains unknown.
Last week pick updates
Our Pick for 10th Feb 2020
- No Pick
For now, in general, market is continuing its rally with support from big tech companies.
Earnings had been good and guidance remain inline.
It is still a higher risk market with Convid-19 for now, stay cautious.
We are going long, with caution.
Our pick for 17th Feb 2020
- IAC, long
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Till next week,