Stock Market News: Stock Market Review, Jan 13th, 2020

Stock Market News: Stock Market Review, Jan 13th, 2020

US-Iran Tension

Last week was a very optimistic week.

Despite retaliation by Iran, market continued to make a new high.

 

Last week pick updates

Our Pick for 6th Jan 2020

  1. DHI, Long.

In DHI case, it was a missed entry.

 

Market Updates

For now, market looks like going to focus on earnings with earning session begins this week.

From the development of the trade deal, it is likely that stock going to raise its guidance for the coming quarters.

We are monitoring earnings for now and shall plan our positions accordingly.

Going long.

Our pick for 13th Jan 2020

  1. DG, long

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Till next week,

Happy trading

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